Well established, highly profitable CPA firm needs a strong Tax Manager ready to move into a direct entry Partnership. The soon to be retiring owner of the firm has a large, well established book of business consisting of small businesses and individual tax clients. Gross revenue of over $1.4MM with net cash flow of over $500K.
A CPA license is required. The Tax Manager / Partner will be in charge of tax compliance, planning, review and preparation; and will supervise a small staff of Tax Accountants, bookkeepers, and administrative personnel. They will have direct client contact and responsibility for client representation with the IRS and state tax agencies. Requires candidates with both strong tax technical skills and a very good credit rating, as they will need 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 the 25% cash required in return for a limited equity position. Positions available nationwide for Tax Managers looking to purchase CPA firms from retiring Partners.
Salary : $200,000 – $300,000