Long-Standing Accounting and Tax Firm – Prime Opportunity

An excellent opportunity to acquire a reputable, long-standing tax and accounting service firm with a well-diversified revenue mix and loyal clientele. This business has been a trusted partner to individuals and businesses for nearly 50 years, offering tailored financial solutions and exceptional service.

Revenue Breakdown:

Income Tax Services: 62%

Accounting Services: 25%

Corporate Tax Services: 13%

Core Services:

Income Tax Preparation: Comprehensive personal tax services for individuals, including checklists for marital status, income slips, RRSPs, tuition, rental income, medical/dental receipts, and more.

Accounting Services: Bookkeeping, payroll, financial statements, and corporate filings to support business operations.

Corporate Tax Services: Strategic tax planning, HST remittance, WSIB filings, and support for growing businesses transitioning from sole proprietorships to incorporation.

Specialized Expertise:

Vacation property sales and capital gains tax management

Tax planning for life changes such as new careers, new businesses, and business growth

Comprehensive support for employment expenses, rental income, child care, and other deductions

Business Highlights:

Established History: Operating since 1977 with an excellent reputation in the community

Diverse Clientele: Serving individuals, small businesses, and corporate clients across various industries

Proven Profitability: Stable revenue streams from a balanced mix of income tax, accounting, and corporate tax services

Growth Potential: Opportunity to expand services, modernize systems, or scale operations

Why Buy This Business?
This firm is ideal for an accountant, tax professional, or entrepreneur looking to enter the industry or expand their existing operations. With nearly five decades of operations, it boasts a steady client base and room for growth in an evolving market.

Reason for Sale:
The current owner is exploring new career opportunities and seeks a passionate successor to continue the business’s legacy of excellence.