Crandon, Wisconsin Practice Fact Sheet

PRACTICE FACT SHEET: Crandon, WI
SUPPLIED BY NEW CLIENTS, INC.

Purchase Price:  320,000– Financing available to qualified applicants. Various programs available. Call for details.

ACCOUNTING, BOOKKEEPING, COMPILATIONS

Monthly Clients: 50, - 20 of which are compilations
Quarterly Clients: 20
Total: $58,884

Income Tax:

Individuals: 1650, Avg Fee: $115, Total: $190,350
Partnerships: 55, Avg Fee: $200, Total: $ 11,000
Corporations: 45, Avg Fee: $300, Total: $ 13,500

Other Services:

Third party review of FHA funded non profit housing authorities
and form 990 tax returns (CPA not required for review): Total: $13,000
Guardianship for 35 Native Americans who receive per
capita payments from casino gaming(Pay bills, manage money): Total: $53,190

Total Gross Income: $339,924

Full-time Employees: 3
Part-time Employees:
5

Description of clientele: We have a high percentage of individual returns that are fairly simple. The benefit is training new employees does not require an extensive knowledge of tax laws.

Other Information: The new owner does not have to be a CPA, but needs a good background in personal & business taxes. New ownership could expand practice.

Description of area: Small community of 2,000 people and 10,000 in whole county. We do business beyond our county and individual returns beyond this state. Most of these clients mail us information. If you enjoy hunting, fishing or just the outdoors, this is the place to be. You can ride your ATV or snowmobile right from your home or even to work.

Seller is requesting the following additional information from buyer:

Interested Parties Should Contact:
Todd Steinberg
1-800-338-0778
E-mail: 
[email protected]

Once the above items are provided to NCI, I will arrange a mutually convenient time to view this practice. Any questions, please call.

Sincerely,

Todd Steinberg
Executive VP of Sales & Marketing