Business Description

A longstanding tax practice, established in 1980 and utilizing Lacerte software, is currently for sale by the owner, a Licensed Tax Consultant. The practice serves a combination of 39 bookkeeping clients and processes approximately 620 individual tax returns and 90 business tax returns annually. With an average fee of $450 for individual returns and $790 for business returns, the practice generates around $125,000 in annual revenue. The business, projected to have an annual cash flow of $236,378 by 2024, includes the owner's salary, benefits, personal vehicles, and other non-operational expenses. The seller also owns the building housing the practice, located on a main thoroughfare and converted from a residential space to a commercial office. This well-established tax practice offers a significant opportunity for a new owner to take over a reputable business with a solid client base and efficient operations. For sale is a tax practice established in 1980, operated by a Licensed Tax Consultant and utilizing Lacerte