Description:
• The owner is a CPA • This practice was established in 1973 • Software in use includes UltraTax, QuickBooks • Approximately 22 bookkeeping clients generating $49,881 in revenue • Approximately 100 individual tax returns with an average fee of $1,217 per return • Approximately 39 business tax returns with an average fee of $1,262 per return • $10,000 +/- in revenue is generated via reviews and audit representations • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $162,163 (Unadjusted) • Lease expires in December 31, 2019