Description:
• The owner is a CPA • This practice was established in 1951 • Software in use: Prosystems Practice Management, Prosystems FX Scan , Accounting CS • Approximately $379,000 in revenue generated from bookkeeping • Approximately 459 individual tax returns with an average fee of $1,135 per return • Approximately 127 business tax returns with an average fee of $1,834 per return • Approximately 44 other tax returns with an average fee of $1,127 per return • Approximately $24,000 in revenue generated from Payroll services • Approximately $72,000 in revenue generated from consulting and other services • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $587,054 Proj. 2022 • Lease expires: November 2025