Description:
• The two owners are CPAs • This practice was established in 1989 • Software in use includes Lacerte (Converting to UltraTax for 2020), QBO Projected 2020 revenue: • Two monthly accounting clients generating $29,400 in revenue • Approximately 35 individual tax returns with an average fee of $908 per return • Approximately 21 business tax returns with an average fee of $2,277 per return • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: N/A. Book of Business • Lease expires in N/A. Book of business