The Income Potential

Having a home-based tax business can be very lucrative.

The amount of money you can make will depend on your market and how easily you can attract clients.  With a tax preparation home business, you will have very little overhead; therefore, you have the ability to charge less than your competition.    

An experienced independent tax professional can earn up to $100 per hour; that’s $5,000 per week for a 50-hour week, or $60,000 for the 3 month tax season!    You won’t likely earn that much during your first tax season because you will still be learning and recruiting new clients.  But by marketing effectively and providing excellent client service you can grow through high client retention and referrals and quickly attain that level of income for just 3-months work, and continue to grow your tax business!

What’s even more exciting is that as your business grows through new clients and referrals, your future earnings potential is much greater!  Plus, you can enjoy your summers and holidays because most of your business in generated during the concentrated filing season from mid-January through mid-April. Or you could consider providing other services for your tax clients and generate income year-round!

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