Description:
Software in use includes ProSystem FX, QuickBooks, Windows, Excel, and Outlook * 4 annual accounting clients, and 2 trust accounting clients that involve tax planning and some year-end accounting; these generate around $24,700 of the revenue (6% of total revenue). Approximately 84 individual tax returns with an average fee of $2,328 per return. Approximately 36 business tax returns with an average fee of $3,369 per return. Approximately 2 other tax returns with an average fee of $6,000 per return. Approximately 25 trust returns with an average fee of $1,857 per return. $60,800+/- revenue is generated via amended returns and consulting. . Annual earnings including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $240,552.