Set your own schedule. Make your own rules. Answer only to your clients. Who doesn’t want to be their own boss, right? If you’re getting into, interested in, or are already working in the tax industry, you may be surprised at what…
Displaying: Operating Your Tax Business
Adopting A Servant Leadership Model For Your Tax Business
Servant leadership is at the heart of how we do business both at The Income Tax School and at Peoples Tax, our sister company. It’s so important as a business owner that you set strong values for your organization to follow. For…
Why Tax Preparers Need to Be Proactive with Schedule C Clients
Do you have clients with many deductible losses… clients of the Schedule C variety? The IRS has got their eye on them. You can pretty much consider it target locked. Have you communicated this important piece of information to your sole proprietors…
Great Ways to Use Twitter as a Tax Pro
Here’s something you may not know about the tax industry: it has a strong presence on Twitter. That means that it is quite possible that your competitors are not only on the platform but flourishing there. It also means that there are…
Dealing with the IRS On Behalf of Your Clients
Let me tell you a story about a client you are bound to have. His name is Ed. One day, post tax season, Ed opens his mailbox to find a letter from the IRS. “Oh the horror!” Not wanting to face the…
Money Saving Lease Negotiation Tips for Tax Offices
Signing a lease for an office is a decision that will greatly impact your tax business. A good choice can dramatically improve your success, but a mistake could be disastrous. You must not take this chore lightly or rush through the process.…
Evaluate Tax Season Now and Prep for Next Year
This week is probably a lot quieter at your tax office than last week. Now that tax season has ended, the dust is starting to settle. It’s the perfect time to sit back with a cup of coffee and think about the last three…
Tax Day Stress Relief Tips
Clients are calling, clients are coming in, and is it just us or does the room seem to be shrinking? Yeah, it’s April 15th. Today is probably the most stressful day of the year for tax preparers. Amid the extension requests, the…
8 Customer Service Best Practices for Answering the Telephone
There’s a customer service motto that goes like this: The person calling you on the phone is just as important as the person who walks in the front door. There’s really no difference between the two. Yes, the people walking in the…
6 Ways to Stay On Top of Tax Industry News
As a professional in the industry, you’ve got to look up from your piles of forms and receipts every once in a while and stay in tune to what’s going on in the industry. It’s hard to be in touch with the…
Are You Making the Most Out of Your Tax Prep Interviews?
When a new client walks through your door and sits down at your desk – you’ve got a lot of ground to cover. One of the most important aspects of being a tax preparer is being able to build relationships with new clients…
Why You Should Be Communicating With Clients About Tax Fraud
If you’re in the tax industry, you’re probably already on high alert due to the recent rash of fraudulent filings. Tax fraud is a big concern with the IRS this year, and with the recent Anthem data breach, it’s no wonder why.…