Business Description

This EA-owned tax practice, established in 2005, primarily operates without in-person meetings, serving a diversified client base. Utilizing Lacerte software, the practice handles about 385 individual tax returns with an average fee of $485, 60 business tax returns with an average fee of $790, and 10 other tax returns with an average fee of $150 annually. The business boasts a strong cash flow, with a 2023 annual cash flow of $184,429, which includes the owner's salary, benefits, and non-operational expenses. With an asking price representing less than 2X the cash flow, this tax practice provides a lucrative opportunity for potential buyers. The current lease for the office space, which includes a receptionist area and an office for the practitioner, is set to expire on 8/31/2025. Overall, this well-established practice offers a profitable business venture within the tax industry, with a track record of successful operations and substantial cash flow potential