Your choice of software affects your workflow, your accuracy, your client experience, and your costs. Here's how to think about it. The Main Options Drake Tax is one of the most popular choices for independent…
What Is a PTIN and Why Do You Need One to Prepare Taxes?
PTIN stands for Preparer Tax Identification Number. The IRS requires every person who prepares or assists in preparing a federal tax return for compensation to have one. No PTIN, no paid tax preparation. How to…
Tax Prep Franchise vs. Independent Practice: An Honest Cost Comparison
If you're considering a career in tax preparation, someone has probably suggested buying into a franchise. Before you sign anything, look at the numbers. The Franchise Model H&R Block, Jackson Hewitt, and Liberty Tax are…
Can AI Replace Tax Preparers? What the Data Actually Shows
The short answer is no. Here's the long answer, with numbers. The Employment Outlook The Bureau of Labor Statistics projects 5% employment growth for tax preparers through 2034, faster than the national average for all…
How AI Is Changing Tax Preparation (and Why That’s Good for New Preparers)
AI is already embedded in every major professional tax software platform. Understanding what it does, what it doesn't do, and how to use it to your advantage is one of the most important things a…
How to Get Your First 50 Tax Clients Before Filing Season
Fifty clients is the number to target for your first tax season. It's enough to generate meaningful revenue, build your confidence, and create a returning-client base for year two. Here's how to get there. Months…
Do You Need a Degree to Become a Tax Preparer?
No. The Bureau of Labor Statistics lists the typical entry-level education for tax preparers as a high school diploma with moderate on-the-job training. There is no federal requirement for a college degree, an accounting certificate,…
Tax Preparer vs. Enrolled Agent vs. CPA: Which Path Is Right for You?
These three titles get mixed up constantly. Here's what each one actually means, what it takes to get there, and which one makes sense depending on where you're starting. Tax Preparer (PTIN Holder) Anyone who…
Can You Start a Tax Preparation Business with No Experience?
Yes. There is no federal requirement that you have any prior experience, any specific education, or any professional background to become a paid tax preparer. You need a PTIN from the IRS. That's the only…
How Much Does It Cost to Start a Tax Preparation Business?
Let's talk real numbers. The Non-Negotiables PTIN: $19.75. This is your IRS registration. Every paid preparer needs one. EFIN: Free. The IRS doesn't charge for your Electronic Filing Identification Number, but the fingerprinting for the…