Business Description

This accounting business, established in 2006, is owned and operated by an Enrolled Agent (EA). The practice uses various software including UltraTax, Sureprep, Safesend, Quickbooks, Team Viewer, Excel, Word, and Outlook, serving a client base of 72 for bookkeeping and handling approximately 450 tax returns annually. With an annual revenue of approximately $156,400, the business handles a mix of tax returns including 370 individual returns with an average fee of $300, 50 business returns with an average fee of $760, and 30 other tax returns with an average fee of $400. The business’s 2023 cash flow including the owner's salary and benefits, personal vehicles, and non-operational expenses was $565,297, projected to rise to $578,117 in 2024. The office space is owned by the seller. The owner currently works limited hours during the non-peak season, with the potential for enhanced revenue if