Description:
• The owner is an EA • This practice was established in 2001 • Software in use includes Lacerte, QuickBooks, PROPay • Approximately 165 bookkeeping clients generating $900,000 in revenue • Approximately1,000 individual tax returns with an average fee of $650 per return • Approximately 470 business tax returns with an average fee of $750 per return • Approximately 30 other tax returns with an average fee of $700 per return • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $753,812 (Proj 2021) • Lease expires on March 31,2022