How to Start an Income Tax Preparation Service Using Software
- 1). Obtain income tax preparation training. There are numerous courses you can take to get income tax preparation education. Some are paid and some are free. Research training programs before enrolling to see how comprehensive they are and whether or not they comply with the latest tax laws.
- 2). Acquire software for your income tax preparation business. Make sure the software program you choose is up to date on the newest tax breaks and laws. Select software that has the capability to prepare all tax forms.
- 3). Attain a business license for your service. If you are collecting money for your tax preparation services then you are a business and need to get the appropriate licensing. Contact the department in your area that issues business licenses. This department is usually located in the governing offices for your city or county.
- 4). Designate a location where you will operate your tax preparation services. Since all you need is a computer and your client's tax information, it's not necessary to lease office space unless you want to. A clean, quiet area in your home will do just fine.
- 5). Spread the word about your services. Let family and friends know you prepare income taxes. This is a good way to get your first clients. If your family and friends don't already have a tax preparer, there is a good chance they will enlist your services. People are more apt to do business with someone they know and trust. List your services in classifieds on and offline as well as pass out business cards with your name, contact information and what you do on them.