Tax Preparation Businesses offering refund anticipation loans have been dealt another hit for the coming 2010 tax season. The IRS has removed the availability of their historic debt indicator to banks and software transmitters participating in the tax preparation industry.
Tax Preparation Office - Compliance Testing and Training
New IRS and Banking compliance regulations have affected the tax preparation industry this season more than any before. Preparer registration, competency testing, and bank requirements along with many other office procedures have forced the average tax business owner to start taking this topic much more seriously!Start A Tax Preparation Business - Knowing Your Competition
Non-Franchise tax preparation businesses do not need to be at a disadvantage when it comes to market research. To make an educated decision on office location you need to know your market and know your competition. We show you how to get this information for free!Starting A Tax Business - Get Set Up Early This Year
The 2009 tax season caught many tax offices off guard with the major RAL provider announcing in December that they would not be providing Refund Anticipation Loans. There should be a sense of urgency this season for getting your tax office's application processed by the bank of your choosing and tax offices should be switching their marketing focus from speed of refunds to a more service oriented campaign strategy.