Service Mix & 2024 Revenue - Accounting & Bookkeeping: $262,457 Monthly Clients - $19,538 Total - $234,457 Quarterly $4,000 Total $16,000 Annual $12,000 - Tax Preparation: $285,693 Individual 319 Avg Fee $538 Total $171,622 Businesses- 133 Avg Fee $787 Total $104,671 Other -5 – Avg Fee $1,880 Total $9,400 - Payroll Services: $28,579 - Consulting: $77,931 Total: $654,660 Client Base 180+ business clients, 319 individual returns, 133 business returns, 5 nonprofit clients. 80% of tax and 70% of accounting services are delivered remotely. Client growth has been entirely referral-driven.
Employees & Operations Firm has 180+ clients with the average yearly fees of $1,458. Average accounting fees range from $150 to $800 per month. Most monthly clients are at a set price per month. Average billable rate: $113/hr. Owner: $180/hr. Staff accountants: $100/hr. Clerical: $60/hr. Employee benefits include PTO, profit sharing, and 401(k) with 6% match. The firm has wide-ranging experience preparing multi-year tax returns, whether business or personal or both. All current growth is from referrals from current clients or other CPA firms.
