Description:
• The owner is a CPA • This practice was established in 1989 • Software in use includes Lacerte, QuickBooks • Approximately 1 bookkeeping client generating $24,000 in revenue • Approximately 100 individual tax returns with an average fee of $900 per return • Approximately 20 business tax returns with an average fee of $4,400 per return • Approximately 6 other tax returns with an average fee of $2,167 per return Other Revenue for 2022 is projected as follows: • Payroll: $5,000 • Consulting: $5,000 • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $156,285 (2021) • Lease expires in N/A. Office space is not available.