Tax Preparation Checklist for New Tax Preparation Offices
EFIN- Electronic Filing Identification Number Is your EFIN approved? If not, where are you in the process? Have you started your registration for your tax business? PTIN- Preparer Tax Identification Number Is your PTIN renewed for the upcoming season? Are PTINs renewed for all the tax preparers in your tax business? Are you AFSP? […]
What is the real cost of starting a tax business?
If you are considering starting a tax preparation business, there are a few different types of actual costs to consider. Each type of cost will require sacrifice and planning. The three main types of small business start-up costs to consider are: finances, time, and effort (mental and physical costs). To help measure the real financial […]
10 Dos and Don’ts of Starting a Tax Preparation Business
Dos: 1. Find tax software that meets your needs. Do you need the ability do corporate returns or other special module types of returns? Do you need the ability to prepare prior year returns? Generally speaking, additional years and specialty modules are not included so be mindful of what you are actually getting in your […]
Startup costs for starting a tax preparation business
Research Costs- Thinking about starting a tax preparation business? Or, do you need tax business help as a preparer? Or, do you need tax business help as a preparer? Perhaps you have already decided and are doing cursory research. If you do your homework on the steps to starting a tax preparation business, it […]
11 Ways to Be More Efficient During Tax Season
Tax office owners and tax preparers know all too well that preparing for tax season can be, well… Taxing! We work the long hours just like you. Here are 11 tax season tips on how to make tax season easier that we try to adopt in our office to help stay at our best during […]