practice management

28 posts
Kobe Bryant

What Kobe Bryant Taught Me About Tax Season

I'm sharing 8 things Kobe Bryant taught me about tax season because I think if you take a moment to reflect on this list, you'll start your tax season strong, and you'll finish it even stronger.

Tax Pro Nation podcast

Legitimize Your Hustle with Teowonna Clifton

"Legitimize Your Hustle" is the new message of the Schedule C Queen, Teowonna Clifton, of Simply Taxes of South Carolina, LLC, as she establishes her independent tax preparation business in the Columbia local market. She wants to focus on helping employees and entrepreneurs legitimize their side hustles. Join us in this episode of Tax Pro Nation as we listen to her stories and challenges as she grows her tax business through the Elevation Step and beyond.

Step 7 of The Pronto Path: Multiplication

This week, we continue the series on our journey through all 9 steps of The Pronto Path. Step 7 is called Multiplication: train and mentor others in a way that benefits them and you. This step is how you scale your business exponentially.

Step 6 of The Pronto Path: Stabilization

This week, we continue the series on our journey through all 9 steps of The Pronto Path. Step 6 is called Stabilization: develop at least one profitable service other than tax preparation that works well with tax preparation. This step brings more long-term financial stability to the business.

Step 5 of The Pronto Path: Acceleration

This week, we continue the series on our journey through all 9 steps of The Pronto Path. Step 5 is called Acceleration: earning a profit that makes a meaningful positive impact for our personal freedom and lifestyle. This step sees people either succeeding or watching the wheels start to come off.

Step 4 of The Pronto Path: Elevation

This week, we continue the series on our journey through all 9 steps of The Pronto Path. Step 4 is called Elevation, where we will be raising our prices and finding a highly profitable niche. We must show great leadership, courage, and ownership of our business to success at this step. And many get stuck here for years.

Step 3 of The Pronto Path: Traction

How do you get your first 50 clients? This week, we continue the series on our journey through all 9 steps of The Pronto Path. Step 3 is called Traction, where we will complete our first 50 tax returns for real clients. This step is where we see our efforts to activate our business start to work in the market.

Doing Taxes and Not Doing Taxes

What I Learned About Doing Taxes from Not Doing Taxes

Lessons learned from taking a break from tax preparation during 2015 taught me that tax preparation is only 20% of being a tax professional. Training others to prepare taxes is the remaining 80% of tax business success. Top-shelf tax professionals are extremely valuable!

Selling Your Tax Services Can hurt

How Selling Your Tax Services Can Actually Hurt Your Profits

How can selling your tax services hurt your profits? Aren't you supposed to be trying to sell your services? How else can anyone keep in business if they don’t? While selling tax services may appear to be a good thing, the way you sell and promote could actually end up hurting your profits. How so?

Get Your Very First Tax Client

Get Your Very First Tax Client In As Little As …

One of the main questions people ask when they first start out as a Tax Professional is, “How do I get my first client?”. There are two major ways to go about this. The first way is to put in enough time promoting yourself every single day for an entire month that would equal to roughly 48 hours. The second way is to aim for your first client within literally 2 days. So what ways can you achieve this? Let's take a look.

5 Quick Ways to Boost Your Income as a Tax …

There are many different ways to boost your income as a tax professional. One of the first things to keep in mind is that your attitude and the way you see yourself is key. You don't want to just look at yourself as a tax preparer. Instead, you want to view yourself as a resource person to your clients. Some of the more effective and common ones will be covered in this article. Below is a checklist that you can print out and use anytime.

Can CTEC Tax Preparers Do Tax Problem Resolution Work?

The tax problem resolution market is BOOMING. As more and more taxpayers have gone from W-2 to 1099, more and more taxpayers have fallen behind on their taxes. Statistics show that approximately 14 million taxpayers are in collections with IRS as we speak--those folks could really use some professional help right about now.

How to Become a Wealthy Tax Preparer

So, let's get the "bad news" out of the way first. Based on what I've been learning studying this business with Pronto Tax School Founder Andy Frye, doing taxes isn’t likely to make you wealthy. That is to say, the actual act of tax preparation does not often lead to wealth. Read to find out how a career in tax preparation can lead you to becoming wealthy.

Can You Really Learn to Do Corporation Tax Returns Online?

By now everyone has heard about online education. A lot of people are still skeptical, though, about whether or not you can really learn complex topics in an online course. For example, Pronto Tax School has a a new online training program teaching tax professionals how to perform corporation tax preparation and consulting. We offer an online course teaching preparation of corporate tax returns.

Charge Less When You're New

Tax Preparer: Charge Less When You’re New?

Let's say you're a new tax preparer, or you are new to a certain part of the tax business. What do you say when a potential business tax client asks how much you charge? We'll help you answer those questions right in this blog.

tax preparer camels

5 Ways for Tax Professionals to Earn Money When It’s …

There are several reasons why the tax "offseason," can be just as busy and profitable as Tax Season. There are an ever-increasing number of people with complex tax debt. In addition, approximately 50% of our workforce is self-employed (not by choice). The bigger the problems, the more likely folks are going to procrastinate. Their procrastination is "Offseason," work for you!