Income Tax Service LLC
How we got $154K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 18% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| INCOME TAX SERVICE LLC this business | $229K | — |
| Rice & Vowel Pryor | $736K | 9.4 mi |
| JOHNNY R RAGSDALE CPA PLLC Pryor · 5 employees | $898K | 9.4 mi |
| REBECCA KEMP, INC. Pryor · 5 employees | $616K | 9.5 mi |
| KOLKER & KOLKER, INC. Pryor · 9 employees | $1.8M | 9.5 mi |
| HOOD EFILING SERVICES INC Pryor · 2 employees | $373K | 9.9 mi |
| DANA ARRIC, CPA PLLC Pryor · 1 employees | $294K | 11.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $231K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $175K |
| Estimate: the two combined (geometric mean) | $229K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $53K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $154K |
| Multiple for this size and industry | 2.9× |
| Value range | $81K – $211K |
| Revenue range | $151K – $261K |
| EBITDA range | $35K – $61K |
| Industry (NAICS) | Tax Preparation Services (541213) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingLakeside Bank of SalinaPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Lakeside Bank of Salina PPP 2021 | All 12 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/23/2021 | first | $5K | 2 |
About Income Tax Service LLC
Income Tax Service LLC is an accounting & tax company in Adair, Oklahoma. Its estimated annual revenue is about $229K, with roughly $53K of EBITDA. It has about 2 employees. Its estimated business value is $154K (likely range $81K–$211K).
Common questions
- Who owns Income Tax Service LLC?
- The owner of Income Tax Service LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Income Tax Service LLC make?
- SeeBITDA estimates Income Tax Service LLC's annual revenue at about $229K (likely between $151K and $261K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Income Tax Service LLC worth?
- About $154K, roughly 2.9× its estimated EBITDA of $53K, typical for a accounting & tax company its size. Likely range: $81K–$211K.
- How many employees does Income Tax Service LLC have?
- About 2, as reported on its PPP loan.