Tax Partner in San Clemente at Apple & Associates

Date Posted: 11/9/2018

Job Snapshot

Job Description

Well established and  highly profitable EA (IRS Enrolled Agent) firm located in South Orange County, CA is searching for a direct entry Tax Partner. The current owner is looking to retire and sell the practice.  Candidates must be a public accounting Tax Manager or Partner who is a licensed CPA or EA with a FICO score of over 750 and no prior bankruptcies, in order to qualify for an SBA loan for 75% of the value of the practice. No cash is required as a private investor will put up all cash and add value in many other ways in return for a limited typical 15% equity position.

Description:

South Orange County – $350,000 NEW

Enrolled Agent tax firm for sale in South Orange County. Practice currently generates revenue from approximately 300 individual clients with an average fee of $550+, along with 75 entities with an average fee of $1,040+, and approximately 25k of revenue from amendments, prior year, and other consulting services. This firm currently uses UltraTax for tax preparation and operates with very low overhead providing more than 225k of net profit.