Business Description

The business is a CPA practice established in 2000, serving 52 bookkeeping clients and preparing around 280 individual tax returns, 30 business tax returns, and 20 other tax returns annually. It uses software like Ultra Tax, QuickBooks, Windows, and Creative Solutions to efficiently provide these services. The practice generates an average annual revenue of $200,000. The owner's annual cash flow, which includes their salary, benefits, personal vehicle expenses, and other non-operational costs, amounts to $153,178 in 2023. The office space, which is leased on a month-to-month basis, consists of 5 full offices along with a reception area, kitchen, file room, and office supply room. The business operates with a team led by the owner, who is a CPA, and ensures quality service using the latest software tools. With a solid client base and a well-equipped office space, this CPA practice efficiently handles a variety of tax services for individuals and businesses.