Description:
• This practice was established in 2000 • Software in use includes Thomson Reuters CS & UltraTax • Bookkeeping clients generate $325,608 in revenue • Approximately 683 individual tax returns with an average fee of $168 per return • Approximately 70 C-Tax returns with an average fee of $486 per return • Approximately 15 LLC returns with an average fee of $425 per return • Approximately 8 Nonprofit returns with an average fee of $416 per return • Approximately 14 Partnership returns with an average fee of $326 per return • Approximately 5 Tax Projections with an average fee of $205 per return • Approximately 10 Trust returns with an average fee of $224 per return • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $172,441 (2021) • Lease expires on June 30, 2023 (lease assumable)