Business Description

A CPA practice near Tupelo, MS, specializing in accounting and tax services is up for sale. The practice generates revenue from a mix of monthly accounting services as well as tax services for individuals and businesses. It is estimated to have gross revenues of around $230,000 in 2024, with a cash flow of $100,000. The tax software used is TaxSlayer Pro, and the location can be taken over by the buyer if desired. The current owner only works around 1,500 hours per year in the practice, leaving significant room for growth under new ownership. The revenues are divided with approximately 51% from monthly accounting services, 33% from tax services for individuals, and 16% from tax services for businesses and other entities. The owner is willing to assist in transitioning clients to the buyer, making for a smooth transfer of ownership. The advertisement for the sale is listed under Ad#:2281893. Overall, this CPA practice for sale represents a lucrative opportunity