They’re normally open throughout the year, so unlike other tax preparation services, you can ask questions and get support outside of tax season. They generally offer tax return preparation, tax planning, business advice, bookkeeping, audit assistance, and other accounting-related services.

What is a tax preparation option?

Popular options include professional tax preparation, personal accountants and free help from the IRS. More confident individuals may not require one-on-one help and may opt for online programs or software to guide them through the process.

Where can I get a tax preparation service?

Unlike online and desktop tax preparation software where you do your own taxes, a tax preparation service will review your tax forms and complete your taxes for you. Some tax preparation services are available through local offices in-person.

Can a tax preparation business be a stand alone business?

Your income tax business can be a stand-alone business offering just tax preparation services, or you may find it to be a complimentary business that can be added to another business that you are already involved in, such as Your clients will appreciate having one person that can handle their finances.

Which is better to do tax prep or do it yourself?

Tax preparation services are often more expensive than do-it-yourself options, but if you have very complex taxes, going to a tax prep expert could be a good decision. We reviewed 11 tax prep companies to determine the five best tax preparation services based on reputation, pricing, available services, and more.

Do you need a course to prepare taxes for a small business?

If you wish to prepare business tax returns, you will also need to take a tax course on small business income tax. Learn more about the AFSP program. Our beginner tax preparation course assumes no prior tax knowledge and the tax preparer software available today makes tax preparation a lot easier.