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Summary: Starting up a business that does tax preparation involves first purchasing the right software. Obtain any locally-required licensing and credentials to start up a tax business with help from an enrolled agent in this free video on tax preparation.
Penny Tokash is an enrolled agent. She owns an accounting tax service business located in Jonesboro, Georgia, called Tax Facts.read more
"My name is Penny Tokash; I'm an Enrolled Agent and I have a business in Jonesboro, Georgia, Tax Facts. I'd like to to talk to you today about how to start a tax preparation business. Right now it's really simple. All you need to do is to get yourself some software; it would help if you had some knowledge about taxes; but that's really not necessary. There's talk with the IRS to getting down to licensing all preparers. I think that's a great idea. Right now, you don't even need a license. You don't need anything except whatever your local community requires. That's not true in all states. Some states do have a regulation of taxes preparers. Most of them however do not. My Enrolled Agent credentials are issued from the IRS. We've sat for a; in order to be an Enrolled Agent, we've sat for a two-day exam and we're experts on the field of tax."
eHow Article: How to Start a Tax Preparation Business
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