Description:
The owner is a CPA. This practice was established in 2007. Software in use includes CCH Axcess, Auditfile (cloud based auditing), Xero, Workflowmax. Approximately 19 bookkeeping clients, generating $85,005 of the gross revenue. Approximately 160 individual tax returns with an average fee of $400 per return. Approximately 64 business tax returns with an average fee of $535 per return. Approximately 30 other tax returns with an average fee of $1,000 per return. Approximately 21 audits/reviews, (12 nonprofits, 5 ERISA and 1 small bus audits, 3 reviews) with total fees of $205,000. $5,000 +/- revenue is generated via audit prep.. Lease expired in May 2016 - now MTM.