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 this Westwood (West Los Angeles – close to the UCLA campus) firm has a large, well established book of business consisting of approximately $600K in gross revenue from small businesses and individual tax clients. A CPA license is preferred, however the firm will also consider IRS certified EAs (Enrolled Agents.) The Tax Manager 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 additional cash required in addition to adding value in many other ways, in return for a limited equity position. The firm will consider paying for both interview and relocation expenses, although local candidates are preferred. Positions available nationwide for Tax Managers looking to purchase CPA firms from retiring Partners.
Salary : $150,000 – $300,000