Key factors:
Best Time to Start: October – December
High Season: January 2nd to April 15th (Tax Season)
Income Source: Earned Income
(Please read our article “Incomes You Need To Know” here).
Pay Scale: Average in U.S. Tax Return $146-$457 Per Return
State Licensing Requirement: No

Benjamin Franklin once said, “In this world, nothing is certain except death and taxes.” Taxes aren’t going anywhere. This simple truth lays a solid foundation and a promising future for those in the tax business. Unlike many other industries, taxes are not affected by recessions.

TAX PREPARATION

If you’re looking for a new career, increasing your income, or maybe you are just looking for extra pocket change, tax preparation could be the perfect solution. Everyone pays taxes, and this means everyone you see is a potential client. Not only is the industry a reliable recession-income source, but becoming a tax preparer allows you the opportunity to help others which is very rewarding on its own. We have outlined a few benefits to becoming a tax preparer worth of consideration below.

Income Potential

Here at 1st Choice Alliance, tax season is our second season. Second to the Health Insurance Open Enrollment season, which runs between November 1st and December 15th of the previous year (CHECK-OUT HEALTH INSURANCE). Since 2014 and The Affordable Care Act (ACA), individual health insurance and taxes have intermingled. Primarily because of the tax subsidy aspect of the ACA, and it is also why these two complement each other.

Word to the wise, these two opportunities go together like birds of a feather. Your health insurance client will most likely be or become your tax client and vice versa. If you are an independent health agent and not a tax preparer, you are doing yourself and your client a disservice. The reverse is also true.

1st Choice Alliance member’s average tax service client spends an estimated $176 for a tax return, and the average 1st Choice preparer prepares approximately 260 returns. 1st Choice Alliance will provide you with the training, technology, and back-office support to complete a simple tax return in an average of 20 minutes. For this reason, you achieve more returns in a shorter period. Make no mistakes. 1st Choice has the recipe and ingredients to win; the only thing missing is your commitment.

NOW IS THE TIME. REMEMBER, YOU DON’T NEED TO BE GREAT TO GET STARTED, BUT YOU DO NEED TO GET STARTED TO BE GREAT.