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Listing Number Location Annual Gross Asking Price Status
CAS1534 Escondido (CPA) Sale of Book $66,000 $80,000 Sold

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

To obtain additional information on this practice go to Request More Information and register with broker. You can also be placed on a free listing notification list. Not all information is included above due to confidentiality concerns. The information is provided by sellers and has not been audited or verified by Accounting Practice Sales, Inc. or any of its independent brokers. Buyers are responsible for their own due diligence before buying any practice. Buying and operating a tax or accounting practice involves a certain amount of risk and requires business experience and professional skills.

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