Business Description

This CPA firm, established in 2004, operates as a virtual practice with all client meetings conducted over the phone or via Zoom. The firm uses RSMeans software and specializes in various projects including R&D, 179D, and Cost Seg., with average project fees ranging from $13,700 to $19,200. The owner, a certified public accountant, oversees the firm's operations and manages a portfolio of about 8 R&D projects, 12 179D projects, and 14 Cost Seg. projects. The firm's projected annual cash flow for 2024 is $505,754, covering the owner's salary, benefits, personal expenses, and other non-operational costs. As a virtual firm, this CPA practice does not have a physical office location and operates efficiently through remote communication channels. The business focuses on providing specialized services to clients, maintaining a steady flow of projects in various categories, and projecting a strong financial outlook for the upcoming year.