Benefits of starting a tax business

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• Earn $100/hour or more as an experienced pro

• Reduce your own tax liability

• Be more secure – you control your own destiny

• Start at home with minimal expenses

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It’s easier and less expensive than you think!

• Minimal start-up costs

• No accounting background or degree required

• We teach you everything you need to know and do it faster than you think!

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Minimal start-up costs

Starting a  tax business can be done very inexpensively. Since you can have very little overhead, you can charge less than your competition and still make a great profit.

 

Tax Business Start-up Cost (assuming you already have a PC and printer)

• Comprehensive Tax Course, $710 includes hard-copy book Updated for 2021  (60 hours self-paced program with instructor support and software training) training (payment plans are available)

• IRS registration to become a Tax Preparer (obtain a Preparer Tax Identification Number (PTIN), $35.95 fee per PTIN application/renewal

• Voluntary IRS Annual Filing Season Program, $59-$119

• Professional tax preparation software –  $500-$1200 (lower-cost options are available), 

• Tax preparation Marketing and Tax Office Supplies, $500

 

The main things you will need are:

• Tax preparation training (We will provide)

• A computer

• Other equipment, such as a printer, copier, scanner, fax machine

• Internet service

• Professional tax preparation software

• Office supplies

• Business cards

• A Preparer Taxpayer Identification Number (PTIN) from the IRS

• An Electronic Filers Identification Number (EFIN) from the IRS (no cost)

• Consider completing the IRS voluntary Annual Filing Season Program and receive an Annual Federal Tax Refresher Record of Completion

• Fast refund products – if you want to offer them

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