Established tax practice for sale in Sherman Oaks, California. This practice is operated by a CTEC registered tax preparer who is considering retirement and seeking a qualified successor for a long-standing, relationship based individual tax client base.

2025 tax preparation revenue was approximately $405,263. 2026 revenue is tracking similarly, with approximately $300,000 received year to date and slightly more than 100 extensions still outstanding. Adjusted 2025 Seller discretionary earnings shown on the P&L are approximately $264,965, subject to Buyer verification during due diligence.

Revenue is generated almost entirely from individual income tax preparation, with approximately 496 Form 1040 clients with an average fee of $783, and a small number of fiduciary returns with an average fee of $900. Clients are accustomed to a paper-oriented mail and drop-off workflow, with limited in-person meetings and no client portal. The Seller personally prepares the tax returns and maintains a high-touch communication style, typically calling clients for a short review after preparation. Roughly 98% of clients mail or drop off their documents, while the remaining 2% prefer an in-person appointment.

The firm is operated by the Seller and two support staff employees. The Office Manager works part time during the year and full time during tax season and may be open to remaining on staff through the upcoming tax season if the Buyer needs assistance. The other staff member provides seasonal support to the Seller and is not expected to remain after the sale.

This opportunity is best suited for an EA, CPA, or CTEC-registered preparer who can provide hands-on client service, continue the personal communication style, and maintain a convenient office presence between Sherman Oaks and Glendale, or in the broader San Fernando Valley region. The Seller is willing to assist for the first two tax seasons, and possibly a third by discussion, either as a consultant or by preparing up to 200 tax returns, with compensation to be negotiated.

The practice currently uses Lacerte for tax preparation. Much more information is available on the Practice Profile, including a more in-depth breakdown of the staff & financials.

Please complete the Buyer Profile and NDA on our website at atbcal.com/buyerprofile and the Practice Profile will be available for download immediately after submission. ATB, Inc. CA DRE 02002824