Business Description

A well-established CPA in Westwood, known for quality service, is retiring after 38 years. They seek an experienced CPA in tax and accounting to take over the business in January 2025. The transition will be supported by the seller to ensure client retention. The practice mainly handles tax services using software like Lacerte, QuickBooks, JetPack, and SmartVault, with around 750 tax returns completed annually generating over $1.2 million in revenue. The practice primarily focuses on individual returns, LLCs, partnerships, and corporate tax returns. Additionally, there are small clients for bookkeeping and accounting services. Most clients conveniently upload tax documents through a secure portal, though a few prefer in-person visits. The office, located in a prime Wilshire Blvd building, currently has a lease until June 2025. The seller prefers a buyer with an established business and a capable staff to manage the acquisition, offering guaranteed first-year revenue. This opportunity presents a turnkey practice takeover for a seasoned