This tax and accounting practice has been operating in the area since 1971. Most of the service and revenue (84%) is tied to tax compliance with good average fees of approximately: $529 on 1040 returns; $4,630 on 1120/1120S returns; and $4,630 on 1065 returns . Many of the clients are individuals with small businesses and/or rentals, corporations, partnerships, with some trusts in the mix. The practice has a niche in agricultural clients. The sellers plan to retire, but are flexible regarding transition and are willing to work with/for the buyer for just a few months or as long as a few years depending on the buyer's needs.
Tax software: Lacerte and CFS Tax Tools
Accounting software: Quickbooks and Creative Solutions
Other software: PPC Checkpoint
Acquisition of this practice should make a great addition to an existing practice and, perhaps, facilitate a geographic expansion of your business within the Central Valley It would also make a great starting point if you are looking to shift your career into practice ownership.
We have a detailed report on this practice that will answer most of your initial questions, so please contact us if you would like to learn more about this opportunity. If this is not for you but you know someone who may be interested, please pass this information along.
Send an email to kberry@prohorizons.com
