Description:
• The owner is a CPA • This practice was established in 1993 • Software in use is Prosystem FX Tax • Approximately 8 bookkeeping clients generating $52,720 in revenue • Approximately 573 individual tax returns with average fee of $282 per return • Approximately 65 business tax returns with average fee of $637 per return • Approximately 97 Trust & Tax-Exempt returns with average fee of $306 per return • Approximately $43,447 revenue generated from payroll processing and other services • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $113,443 (2021) • Lease expires: September 30, 2022