Description:
The owner is a CPA . This practice was established in 1982. This is the sale of the remaining ONE California-based business client (medical group). Software in use includes Drake, CFS, and Quickbooks In 2017, this client generated the following revenue:. $49,800 - Process payroll including sending direct deposits and mail check stubs to employees, calculate and send federal and state payroll tax deposits, prepare pensions, and bank reconciliations. $8,300 - Process quarterly financial statements, prepare pension plan self-directed summaries, and prepare federal and state payroll tax returns. $2,075 - Process year-end financial statements, pension plan reconciliation, federal and state tax returns (W-2s and 1099s). $5,850 - Scheduling and reporting of CA unclaimed property, and client president's form 700 submission and individual income tax return.