Description:
The owner is an EA moving into retirement. . This practice was established in 1976. Software in use includes Lacerte. Approximately 45 bookkeeping clients, generating $100,500 of the gross revenue. Approximately 386 individual tax returns with an average fee of $328 per return. Approximately 84 business tax returns with an average fee of $554 per return. Approximately 4 payroll generating $1,000 of the gross revenue. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $107,000.