US Full Cloud Tax Prep Book of Business with amazing referral source

About This Practice

This fully-cloud, tax preparation book of business boasts a distinctive specialization in catering to the real estate sector. The average personal return fee is above $1,500 billed with automatic withdrawal at the beginning of the month.

The seller intends on growing other aspects of the business and will retain the residual portion of the business, encompassing an array of services such as tax planning, bookkeeping, advisory, and chief financial officer (CFO) support for their existing clientele. This client base is predominantly composed of well-established real estate entrepreneurs who are undergoing rapid expansion, continually establishing new entities on an annual basis. This remarkable growth trajectory is primarily attributable to client referrals, and will be an asset for any buyer who can handle high volumes of tax returns. It is important to note that tax planning services are not encompassed within this specific offering. The current owner will not be offering tax preparation services going forward and will be an invaluable referral source for tax preparation clients with the new buyer. Strapping yourself to the growth trajectory of this practice will net you steady profit increases and access to a network of high-net-worth entrepreneurs.

The current book of business will include one employee who specializes in tax preparation. This staff member is able to handle about 50% of the workload from this book.  The transfer of these clients will be seamless as all the books are clean and may be easily turned over to the preferred buyer’s software.

Ideal Buyer

The ideal buyer for this opportunity should possess a keen understanding of the revenue potential embedded within this book of business, as well as an appreciation for the enduring and valuable client-owner relationship that will persist after the sale. An ideal acquirer would be equipped with robust, well-established systems and processes tailored to the unique demands of tax preparation clients.

This acquisition represents a highly strategic move for any pre-existing firm well-versed in the realm of tax preparation, offering an exceptional opportunity for expansion and synergy within their existing operations.