1040TaxBiz Business Opportunity

1040TaxBiz offers state-of-the-art professional income tax preparation software and services to give our affiliates a competitive edge in the tax preparation and electronic filing industry. We also offer personal income tax return courses and classes to demonstrate how the system works and to improve the overall experience for everyone involved.

Start Your Own Tax Preparation Business – The vast majority of tax preparation businesses are operated by one person, and the most difficult part is knowing how to start. 1040TaxBiz has developed a complete tax preparation and IRS e-filing system that you can leverage to start and operate your own tax preparation business this next tax season. You can call it the 1040TaxBiz Tax Preparation Business Plan.

So, you want to open a tax preparation business, but you do not know how to start. Opening a tax office can be quite profitable, if you do it the right way. Filing one tax return each day for 120 days with an average price of $300 per tax return is $36,000. Let us help you get started.

1040TaxBiz Business Opportunity 5 Main

We have identified two distinct business models that most of our partners follow: Seasonal and Year‐Round. The quality and service offered is the same for both models. What differs is the commitment that the partner is making to his / her business.

Seasonal Office Program: This program is designed for the entrepreneur of a start‐up tax business. 1040TaxBiz helps you with every aspect of starting a tax preparation business, including EFIN / PTIN Registration and Renewal, Bank Products, Marketing Support, Tax Office Training, and Year Round Customer Support. We help you start your own tax business while helping your clients with tax questions and issues after tax season when you are on vacation.

Year‐Round Office Program: This program is designed to assist the experienced entrepreneur in building a tax business. 1040TaxBiz has a long term commitment to this partnership. This program offers all features needed to run a year‐round tax office. It allows you to service both the individual tax market and the business /commercial tax market. It is designed around a fixed brick and mortar location and includes assistance finding a location. This program provides packages and services that can help you accelerate growth and increase income.

The Benefits

The tax preparation industry has an advantage over many other start-ups. Most people are required to file a tax return every year. Tax preparation is a big business generating over $7.7 billion in annual revenue.

The IRS processed roughly 82 million professionally prepared tax returns last year. According to an industry report, the profitability of tax preparation, bookkeeping, and payroll services were second only to privately held oil and gas extraction companies.

For the most part, tax preparation businesses are small. 37% are run by a single person, while 53% are operated by less than ten people. There were 128,393 total employees in the field last year. Approximately 144 million individuals filed tax returns last year. That leaves plenty of tax returns to go around.

Let 1040TaxBiz do the work for you. Take advantage of our training, back office support, proven marketing tools, and much more. Some of our services include:

1040TaxBiz Business Opportunty Chart 1

1040TaxBiz Business Opportunity for Sale1040TaxBiz Bring Your Own Retail Location Package – $199

Do you own a storefront retail location with foot traffic? Businesses that have brick-and-mortar locations benefit in 2 ways by adding tax preparation. First, marketing is the biggest challenge for entrepreneurs starting a tax business. Converting your existing customer base makes it easy to build a new revenue stream. Second, we share ideas for incentivizing your existing customers to provide referrals who can experience the other products and services your business offers.

Places where customers spend time performing other tasks are great locations. People can do laundry or shop for groceries while their returns are being prepared. We’ve facilitated mini-mart and gas station owners to provide tax preparation services in all their locations. Click the links on these other examples to see how tax preparation services can grow these businesses.

1040TaxBiz Business Opportunity1040TaxBiz Business Package – $599

The Business Package provides everything a novice or experienced tax preparer needs to build a lucrative tax business. We provide tax law and software training, group forums for inspiration, extended support hours in the busiest part of tax season, and year-round tax preparation assistance. With Cash Advances, customers won’t have to wait until the end of February for their full refunds from the IRS. You’ll be able to print checks right in your office. Upgrade to the Corporate Package for additional services and an improved revenue share.

1040TaxBiz Business Opportunity Buy Now1040TaxBiz Corporate Package – $899

Whether you have years of experience or are new to the industry, the Corporate Package makes it easy for you to start your own tax business. This package is ideal for those who want to operate a year-round tax business preparing personal, small business and corporate returns while minimizing the financial risk of starting a new business. Not only does it offer an improved revenue share over the Business Package, but it also includes one SWIM marketing platform location. It’s a great way to evaluate how customers provide their contact information when logging into your existing wife. Depending on the information you collect from your customers, you’ll be able to mail or email product and service updates, specials and coupons to grow your business. Expand your business to the Elite or Ultimate Package to become a reseller of the service to make additional year-round income.

You’ll also receive aid in several areas. First, we’ll assist you in finding a location. A visible and accessible location is important to attract customers. Second, A Facebook business page helps establish your company’s professional appearance. Third, a Personal Web App your customers download to their smart devices helps keep them engaged with your business updates, coupons, and specials.

1040TaxBiz Business Opportunity Tax1040TaxBiz Elite Package – $1,899

The Elite Package provides everything you need to build your tax business while offering a foot in the door to a second revenue stream. First, generate income by preparing personal, small business and corporate returns. Prepare for success with our software, tax law, and marketing training. We can assist you with training team members and finding the right location for your business.

Second, the SWIM marketing platform is a business opportunity to earn additional year-round. This powerful marketing system helps businesses build their customer base by keeping them engaged. When customers visit a business using the SWIM program, they are prompted for information such as their names and email addresses and provided with digital coupons or ads upon logging into the wifi. Customers also give authorization for the business to contact them at a later date with special offers and updates about their products and services. Businesses access the contact information through a portal and can use it to create email and mail campaigns. As a reseller, we teach you how to approach businesses about the opportunity, provide marketing materials and an agreement template, preconfigure and ship a router box, and train you how the client accesses and uses customer data for marketing purposes.

If you have 5 locations each spending $49 minimum per month for their service, that’s almost $250 in income! Earn additional revenue through installation fees and updating the coupons and ads for each client. As your business grows, you can upgrade to the Ultimate Package for additional SWIM locations.

1040TaxBiz Business Opportunity1040TaxBiz Ultimate Package – $2,899

The Ultimate Package is the best option for entrepreneurial partners with dual channels for year-round revenue. First, generate income by preparing personal, small business and corporate returns. We prepare you for success with software, tax law, and marketing training. Build your business quickly by hiring team members that we will also train and support. We can assist you with finding the right location for your business.

Second, the SWIM marketing platform is a business opportunity to earn additional year-round revenue with up to 20 locations. This powerful marketing system helps businesses build their customer base by keeping them engaged. When customers visit a business using the SWIM program, they are prompted for information such as their names and email addresses and provided with digital coupons or ads upon logging into the wifi. Customers also give authorization for the business to contact them at a later date with special offers and updates about their products and services. Businesses access the contact information through a portal and can use it to create email and mail campaigns. As a reseller, we teach you how to approach businesses about the opportunity, provide marketing materials and an agreement template, preconfigure and ship a router box, and train you how the client accesses and uses customer data for marketing purposes.

If you have 20 locations each spending $49 minimum per month for their service, that’s almost $1000 in income! Earn additional revenue through installation fees and updating the coupons and ads for each client.

Stop dreaming of financial independence. Be your own boss!

Discover why people start their own tax business and see how being your own boss is different from buying a franchise.

FAQs

No, we are more of a partnership than a franchise. You name your business, set your prices, set your work schedule, and choose your own location all without paying a franchise fee.

You can work from home, but with a brick and mortar tax office location, you can attract more clientele. Also, as long as you have internet you can access the software anywhere in the Continental U.S.

If you contact one of our sales reps they can provide you with different payment options over the phone.

We provide you with banners and posters. We also assist with marketing strategies that let you reach out to clients through various media (i.e. Facebook, Twitter, etc.…). If you want to purchase fliers and yard cards you can do so at your discretion.

An EFIN can take up to 45 days from the time you turn in your fingerprint card.
A PTIN takes up to 20 minutes from start to finish.

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