Kill the CPE Hour
[CLICK TO PLAY]
Daily Archives: March 2, 2015
Tax Pro E-filing Is Holding Steady
The IRS has processed more than 97 percent of returns received.
Tax professionals e-filed over 23.7 million returns through Feb. 20, 2015, down 3.9 percent from the nearly 24.7 million returns e-filed by the same time in 2014.
RELATED: Have Fun This Tax Season! | Tax Preparation Fees: The National Averages [INFOGRAPHIC] | IRS Form 3115: a Sin and a Travesty | How to Get Paid Faster This Tax Season | Accountants See Solid Business Gains in 2015 | As Market Share Slips Away, Accountants Look Beyond the 1040 | IRS Emerges as Major Tax Season Competitor | Tax Pros Losing Market Share to Self-Filers
How Much Should You Pay To Buy, Sell or Merge an Accounting Practice?
Here are just 19 factors.
By Ed Mendlowitz
The CPA Trendlines Practice Doctor
QUESTION: I am in process of buying a practice and would like to know how much to pay.
MORE PRACTICE DOCTOR Q&A: When Fees Don’t Keep Up With Cost Increases | When Large (or Any) Clients Need Backup Assurances | 18 Ways to Blow a Partnership Opportunity | 10 Do’s and Don’ts for Making Small Business Clients Happy | 10 Ways to Get New 1040 Clients | Before You Even Think about Selling Your Practice…
ANSWER: An alternative question is how much to sell it for. This is a complicated issue with many important variables, some of which are: