Way back in 2016, I began promoting a course that is now called Bookkeeper Launch. To this day, I still do. This is because I truly believe in the curriculum and the way that it was being taught. I believed that it was the absolute best bookkeeping course on the internet… hands down!
Well, now again in 2021, the creator of Bookkeeper Launch has done it again with his brand new course TaxBiz! This course has been in the making for the last few years and after many changes and tweaks (to comply with the IRS) it has finally become a reality!
Before I get too far ahead of myself and trying to avoid sounding hyped, allow me to break down the course and help to provide some insight as to whether or not a tax business is the right move for you with my full TaxBiz review.
Learn Taxes And How To Market Your Business
With the TaxBiz course, you will not only learn how to do taxes but also (perhaps more importantly) learn to market your business. No previous experience needed. Even if you don’t know the first thing about doing taxes, you can still do this course. All the training is broken down into easy-to-understand lessons.
There is much more on the inside, just wanted to give you a quick glimpse. If you would like to check out the complete syllabus for yourself or would like to check out the FAQs, you can do so through the following links below.
Inside of each module are a number of lessons that you need to complete. Each lesson has a video to watch as well as a transcript, audio, and slides to provide you with different ways to learn the material.
As far as the marketing is concerned, you WILL know and understand how to have clients coming to you instead of the other way around. In addition, Ben also provides you with a complete training course on how to market on LinkedIn with marketing expert Melonie Dodaro.
Melonie is the go-to marketer when it comes to LinkedIn so to have this training included is a true bonus!
The course is designed to be gone through in 90 days. In saying this, you are able to go through it at your own pace. There is no specific time frame that you need to have it completed.
it’s also important to point out that Ben will occasionally upgrade the course altogether. When this happens, you will NEVER be charged for the updated material. Once you are in, you’re in!
Legal Lunch And Weekly Meetings
Once a month, Ben will have conferences with a tax attorney to cover any questions or concerns you may have about your business. He also holds weekly meetings where you are able to ask any other questions you may have in general.
All of these are recorded so that you can go through them at any time.
TaxBiz Facebook Group
You will also join a private Facebook group where you will be able to reach out for help and support on your journey to being a tax business owner. What better way to keep you on track than to have others that are also going through (or have previously gone through) the course to quickly get your questions answered and keep you on track.
This is a very active group so any questions and concerns should be answered quickly!
I suppose that it’s normal to be a little concerned about whether or not this program is legit. One of the easiest ways to check is to head on over to the Better Business Bureau to check things out. Luckily for you, I have already done that for you! Below is a screenshot to verify their A+ rating.
In case you aren’t familiar, bookkeepers.com is based on Ben’s first course that he released back in 2015 called Bookkeeper Launch. TaxBiz is Ben’s newest course but it’s the same business entity.
All of their information is right there, out in the open so you can be rest assured that there is nothing to hide.
How Much Can I Earn Preparing Taxes?
So, how much can you earn doing business taxes? Great question! I don’t want you to take my word for it so I took a couple of screenshots to show you from a couple of different sources.
The first is from the NSA (National Society Of Accountants).
So, what you are looking at above is saying that you will earn on average $804 doing the taxes for a business that requires an S-corp return. In addition to that, in many cases, you will also be able to do their personal taxes as well which, according to this survey, will bring in an additional $294 bringing you a grand total of $1101!
Let’s get an additional source to look at and compare the data. This second screenshot is from the NATP (National Association Of Tax Preparers).
The income in the first box is what you would earn on average from a personal return which was $203 in 2019. Then, the box on the right is showing what you would earn from a business return which is $460. If you were to do both returns you would earn $663.
Just to compare, the first source is saying $1101 and the second is saying $663 that you can earn per client. There are a couple of different things that you can take away from this second screenshot.
Notice how it shows the average rate per hour. So to get an idea of how long it takes to do a return simply divide 460/169. The answer is 2.7 hours for the business taxes and 1.6 for the personal taxes. Add 2.7 and 1.6, and that gives you 4.3 hours per client.
Let’s just go ahead and round that up to 5 hours just to be on the conservative side of things. You would earn $663 (don’t forget that this is the low-end estimate and $1101 is the high end) for putting in only 5 hours of work!
Let’s take this one step further. Tax season runs from January through April. So, let’s say that you are going to do 1 tax client per day for 90 days. If we multiply that out with the lower and higher-end estimates to see what you can earn in just 90 days, it would be in the range of $59,670 to $99,090 per tax season! Don’t forget that this is only 3 or 4 months of work! If you want, go ahead and take the other 9 months off to enjoy life!
Now, I understand that this is a perfect world type of example but I really wanted to show you the potential that is there when you really think about it.
How Much Does TaxBiz Cost?
I’m sure this is the big question that you are asking yourself right about now… am I right? So, to join Taxbiz you’re looking at a price of $2,995. Or, you can also spread the cost out over the next 12 months for $299.
There is also a monthly membership fee of $49 a month AFTER your initial 30 day trial period. This is to cover the cost of providing changes to the ever-complicated tax code so that you are never left in the dark and always have the most recent information to provide the absolute best tax services to your clients.
STOP! Do you want the chance to take $1000 off that price? Here is how you can do exactly that! When you sign up for the free workshop (this is super valuable information you will want to know about) you will have 7 days to order TaxBiz for $1995 instead of $2995! Also, the monthly membership will be $37 instead of $49!
I completely understand at first glance that this may be a bit of some sticker shock so maybe I can help to put your mind at ease a bit. If you were to go to college and get your associate’s degree, you are looking at a bare minimum of probably $15,000. A bachelor’s degree… well, you can plan on doubling that amount at the very least!
On top of that, it’s gonna take you 2-4 years to finish andddddddd… you then have to find a job!
But, you’re not reading this review to learn how to get a job. You’re reading this to start your own business… am I right? When all is said and done, if you are serious about learning to start your own tax business, it’s kind of a no-brainer.
Why Start A Tax Business?
So hopefully you’re asking yourself right about now, why should I consider learning how to start my very own tax business with TaxBiz?
- Built-in demand: the IRS REQUIRES (see IRS Publication 583 – “Recordkeeping”) every business and individual to prepare an income tax return. This means you don’t have to chase clients. Clients chase YOU!
Recurring income: the IRS REQUIRES preparation of a tax return EVERY SINGLE YEAR (see IRC Sections 6011(a), 6012(a)). This is great because once you land a client, they come back to you, like clockwork, every year.
#1 MOST PROFITABLE business according to Entrepreneur® and Inc.® magazines.
No certification required: The IRS says that you don’t have to be a CPA to prepare taxes.
No formal education necessary: The IRS says that an accounting degree is NOT needed to prepare taxes.
FAST startup. Be up and running in weeks vs. many months or even years like other businesses.
Simple: no employees and/or physical location.
Run from anywhere: serve clients from anywhere you want.
You’re a respected professional, and…
The work that you do MATTERS!
Finally, here is the best part… ONLY a tax business lets you enjoy 8 months off every year. Can you imagine 8 months to relax, rest, and live on YOUR OWN TERMS?
Can you imagine the freedom to choose who you work with? Can you imagine the flexibility to control what work you do, and when you work? Think about earning a good living without the hassle of a 9-to-5 job.
You could even run your tax preparation business as a side hustle. What would you do with the extra money? Save it? Payoff debt? Use it to buy a new home or put your children through college? It’s all possible.
You could MAKE MORE MONEY IN 4 MONTHS than most people make all year! Bottom line: When you control how you make money, you’re in the driver’s seat.
What’s The Catch?
Now, if you’re anything like me, you might be thinking: “Ok – what’s the catch?” According to Ben Robinson, Founder of TaxBiz, he says that there are actually three catches…
- 90% of women and men DON’T QUALIFY to own a tax business. In the workshop, you’ll find out if YOU qualify. AND, find out if you have what it takes to SUCCEED.
- While you do enjoy 8 months off every year, you work your butt off January through April.
- This is about owning a business, which isn’t for everyone. You’re responsible for your own success.
Now, I’m not sure if it’s for you…BUT – for the right woman or man, a tax business can be life-changing.
Checking out this workshop is the absolute best way to help you determine if a tax business is the right move for you. It’s 3 separate videos that you will have instant access to and will take you about an hour and a half to watch.
What’s The TaxBiz Workshop About?
Listen, this workshop isn’t a bunch of theory. And, it’s not a rah-rah session with no substance. You get the cold hard facts about tax business ownership through this in-depth workshop.
Here’s a brief overview of the workshop:
CLASS 1: Earning Potential of a Tax Pro
First, get the facts about how much money tax pros really make.
Second, we uncover the essential activities top-earning tax pros do (and DON’T do) differently that lets them earn $95+ an hour.
Third, we’ll have an open conversation to find out the answer to this burning question: Do YOU have what it takes to be a tax pro?
CLASS 2: Day in the Life of a Tax Pro
What work do you do as a Tax Pro…and how is the work done?
How to build a tax business that you can run from anywhere.
How the top earners work less than half the time and earn 2-3X more than “regular” tax pros. Skip this step and you’re toast.
CLASS 3: Keys to Success as a Tax Pro
10 BIG mistakes new tax business owners make and
What you MUST DO instead.
In addition to the classes, there are lots of other bonuses in the form of worksheets, calculators, and even a business plan template specifically designed for a tax business.
What’s The Risk With TaxBiz?
Alrighty, time for a little real talk for a minute. Obviously, there is absolutely zero risk with signing up for the workshop. But, should you decide to give it a go you will have a full 30-day money-back guarantee if you decide that this business simply isn’t for you.
If you opt for the refund, know that this is a zero-hassle refund! If you ask for your money back, you will get your money back promptly! There are no hoops to jump through or any requirements to be met to be able to get your money back.
I understand that not everyone is meant to run their own tax business and sometimes you simply don’t really know if this really is something you can do or not until you give it a shot. So, if this is something that weighs heavily on your mind, know that your first 30 days really are risk-free.
Do You Need Previous Experience?
Here is what makes this course great for just about anyone, you do not need any previous tax or accounting experience to be successful. Everything will be broken down to ensure that you completely understand what is being taught.
On the other end, if you do have previous experience you will still learn a ton with the strategies and techniques that Ben teaches as well as the marketing to finally step out on your own as a business owner.
The only prerequisite of the TaxBiz program is that you must be a US citizen or permanent resident to be able to take this course.
Who Is Ben Robinson?
Before buying into any course it’s always important to look at the creator of the course to help you to determine whether or not it’s actually legit and have your best interest at heart.
I have actually been an affiliate of Bens’ other program, Bookkeeper Launch, for the last 4 years. In that time, I can tell you that you will not find another person online that wants his students to become successful more than Ben does.
Not only that but the training that he provides has always been top-notch and I can assure you that TaxBiz will be no different. Below, I have included a couple of screenshots of Bens’ resume so that you can take a look for yourself and see that he has no shady past.
Let’s Sum It All Up
I hope that you found this TaxBiz review helpful and that it provided to insight needed to make an educated decision on whether not this program is for you. Now it’s time for me to put the ball in your court now.
You will learn everything needed to decide whether or not your own tax business is the right move for you. I think that you would agree that there is a lot of uncertainly out in the world right now. If there is any part of you that is interested in your very own tax business, then you owe it to yourself to see what it’s all about.
No matter what happens, there are only two certainties in life… death and taxes! Why not take advantage of the latter and have the peace of mind of knowing that opportunity to grow a tax business is always going to exist.
If you have any questions, feel free to drop them below and I will be sure to get back to you as soon as possible.
This post contains affiliate links. My goal is to provide you with as much information as possible to become a trusted source for learning about the best tax preparation course online. Should you register using the links above, know that there are ZERO added costs by doing so.