A tax preparation firm that was established in the 1970’s. Many clients include several generations which still refer to the original owner who began preparing taxes in homes before opening an office in Blaine. Great referral sources and not tied down to current owner. The firm has been in a few separate Blaine area offices, current location for five years. The current and previous owner are CPA’s, but not necessary for this mostly individual tax practice. It also provides limited payroll, quarterlies, write ups and bank reconciliation to their clients. Non tax season accounting work is less than 10% of their business. There is significant capacity to grow the accounting/bookkeeping business outside of tax season. This business uses Creative Solutions (Thomson Reuters) Ultra Tax (SaaS suite) for its software as well as QB.
Accounting & Tax Practice – Blaine
Reason For Sale:
Moving out of State
Office space is more than needed, 5 offices (use 2), conf room, and lobby/receptionist, bathroom and kitchen, $2200/mo. Lease is up in May 2018, can easily move or negotiate about $1000/mo savings. Historically clients met with tax preparers, current owner has pushed to mail-in /drop off which should be over 50% in 2017 tax year. This business can be moved within reason - location is not important. High speed color copier lease. ADT security. Electronic virtual office with SaaS