Description:
The owner is a CPA moving into retirement. This practice was established in 2008. Software in use includes Lacerte and QuickBooks. No monthly bookkeeping. Approximately 20 of the clients require annual compilations along with tax prep.. Approximately 200 individual business tax returns with an average fee of $410 per return. Approximately 30 business tax returns with an average fee of $1,533 per return. Approximately 30 fiduciary returns other tax returns with an average fee of $467 per return. $10,000 +/- revenue is generated via estate returns and planning.. Annual earnings including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $107,000.