Description:
Here's a nice established practice for someone looking to jump start going out on their own or for a long time practitioner looking to slow down to semi-retirement. Annual revenues are split between 11 monthly write-up accounts plus some periodic accounting and payroll work, providing approximately 44 percent of the income, with the balance coming from tax return preparation fees. Individual tax return fees amount to approximately 38 percent of revenues while corporate, partnership, estate, trusts and non-profits tax returns make up the remaining 18 percent. The owner occupied building is also available, either to lease or acquire, providing room for expansion as well as current rental income. The owner is willing to stay involved to help insure a successful transition of the clients and the present staff tax accountant could possibly be retained for another one or two tax seasons to help ease into taking over the workload.