Business Description

Established in 2003, this CPA-owned practice utilizes software such as CCH Axcess Tax, QuickBooks, QuickBooks online, and MS 365 to serve a diverse client base. With 81 bookkeeping clients generating approximately $310,000 in annual revenue, the practice also handles around 700 individual tax returns, 250 business tax returns, and 30 other tax returns annually. Additional revenue streams include projects, consulting, and payroll services. The practice's annual cash flow, which covers the owner's salary, benefits, personal vehicles, and non-operational expenses, is projected at $726,561 for 2024. The lease for the business premises is set to expire on December 31, 2024. Overall, the practice is a well-established entity with a strong financial footing and a focus on providing a range of financial services to its clients.