Take advantage of tax season to increase revenue for your business!

1040TaxBiz, the leader in helping clients start and grow thriving tax preparation businesses for over 25 years, wants to expand into the physical retail market by partnering with motivated business owners looking to diversify their services. By marketing to your existing customer base, you can drive profitable revenue into your business. Review our program options to see how easy it is to increase your income during the 2024 tax season. You choose your level of earnings based on your level of effort for one or multiple locations!

Data Entry Program

Earn revenue without the full responsibility of completing a return by working with the customer to enter basic data.

Responsibilities

• Enter the basic data into our easy-to-use
  software.
• Scan and upload documents necessary to
  create the return. A 1040TaxBiz team
  member will work with the customer to
  complete it.
• Optional: provide the customer a printed
  check when the return is funded.
  Income Projection

Income Projection

• Earn 40% of the preparation fee per funded Bank Product return
• Estimated 15-30 minutes of effort
• 100 returns at $300.00 in preparation fees yields $12,000.00 for the season

Tax Preparer Program

Generate more income per return by using your own team member trained by 1040TaxBiz to complete the return inhouse. This flexible format works well for a variety of existing businesses.

Responsibilities

• Scan and upload documents necessary to
  create the return.
• Enter the data into our easy-to-use
  software and complete the return
  including collecting signatures.
• Optional: provide the customer a printed
  check when the return is funded.
  Income Projection

Income Projection

• Earn 60% of the preparation fee per
  funded Bank Product return
• Estimated 30-60 minutes of effort
• 100 returns at $300.00 yields $18,000.00 for the season

Complete Tax Office Program

Maximize your earnings by upgrading to a full-service tax office for $699.00. We call this package our “skin in the game” package. It means that clients have additional motivation to produce returns when they invest money up front in the program. Additional assistance is provided to help market your business with your own web site and personalized one-on-one conversations to fully develop a business plan to increase your chance of success for the tax season. This program is very beneficial to business owners with multiple locations to reap the greatest amount of income.

Responsibilities

• Scan and upload documents necessary to
  create and complete the return including
  collecting signatures.
• Optional: provide the customer a printed
  check when the return is funded
  Income Projection

Income Projection

• Earn 80% of the preparation fee per
  funded Bank Product return
• Estimated 30-60 minutes of effort
• 100 returns at $300.00 yields
  $24,000.00 for the season

Tax Office Station

Generate extra income with the minimal of effort. It’s all customer service and no data entry! This is a great point of entry into the tax preparation industry for anyone who does not have the desire or resources to devote to enter customer information directly into the tax software.

Responsibilities

•  Assist the customers with signing into a “Tax Tablet” to upload documents and 1040TaxBiz will handle the rest.
• Help customers download the MyTaxOffice App
• Optional: provide the customer a printed check when the return is funded.

Income Projection

• Earn $50 per return for 10-15
  minutes of effort
• 5 returns per week equals $1,000.00
  per month

How easy is it to add tax preparation
services to my business?
Tax preparation is a logical compliment to
businesses that offer accounting, bookkeeping,
notary, and other services. We’ve also assisted
owners of car lots, furniture stores, and
insurance companies among others. Mom and
Pop businesses with great customer
relationships thrive when adding tax
preparation services.

How do I make money?
A portion of the tax preparation revenue is
shared with 1040TaxBiz. When we receive the
fees from the IRS through a Bank Product (or
directly from the customer in certain
circumstances), the customer will appear on a
weekly Revenue Share Statement and you will
receive your share.

What is my liability?
Your program will determine what training is
needed. Our training and year-round support
will give you the confidence to prepare accurate
returns to minimize questions by the IRS.

What certifications are required?
For full-service offices, a PTIN and an EFIN are
required. We assist with applying for them. For
a data entry only location, no credentials are
required.

How long can I offer the service?
Returns can be filed electronically all year long.

What do I need to provide?
For full-service offices, you will need a
computer, printer, wired computer connection,
and locking file cabinet in about a 4’x6’ seating
area where the customer would feel
comfortable sharing their tax information. A
tablet will be provided to Tax Station locations.

How do customers pay their fees?
Bank Products offer the customer the
convenience of not having to pay their fees
upfront. If they owe taxes, they pay up front.
1040TaxBiz will process credit card payments.

How do customers receive their
refunds?
The Bank Product also provides disbursement
options. Customers can receive their refunds by
direct deposit, supplied debit card or check.

What are the next steps in getting
started?
Each program has its own training and
requirements based on your level of
participation. Contact us today to take
advantage of this limited opportunity and to
maximize the amount of time you have to
prepare and to market the service to your
customer base.