Description:
The owner is a CPA. This practice was established in 1983. Software in use includes UltraTax, Quickbooks. Approximately 42 bookkeeping and annual compilation clients, generating $82,200 in revenue. Approximately 497 individual tax returns with an average fee of $1,234 per return. Approximately 134 business tax returns with an average fee of $2,575 per return. Approximately 91 trusts/NFPs other tax returns with an average fee of $940 per return. Approximately 13 other tax returns with an average fee of $2,700 per return. $206,000 +/- revenue is generated via consulting, audit and review. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $575,696. Lease expires in December 31, 2019.