Tax Business Tips
How to Start a Tax Preparation Business and Earn an Extra $50,000
Olu Aladebumoye
Co-Founder
If you’re ready to take control of your financial future, starting a tax preparation business can be one of the smartest moves. At Smartwiz, we’re thrilled to announce a partnership that makes it easier than ever to break into the tax industry and create a profitable side hustle—all without leaving your current job. With the right training and tools, you could be earning an extra $50,000 a year as a tax preparer, working just one extra hour a day.
In this post, we’ll walk you through the three essential steps to get started, including how to build your client base, leverage technology, and make tax preparation a flexible, high-earning side business.
1. Become a Tax Preparer: Start Small, Dream Big
Starting a tax preparation business is surprisingly accessible. You don’t need a college degree or extensive experience—just a certification, the right tools, and a commitment to serving clients well. With Smart Wiz’s comprehensive training, you’ll learn everything you need to become a skilled tax preparer and start earning additional income.
Imagine dedicating just one hour a day during tax season and bringing in up to $50,000 in a few short months. Tax preparation is flexible, scalable, and perfectly suited for people who already have full-time jobs. Whether you’re interested in handling a few clients or want to grow this into a full-fledged business, becoming a tax preparer with Smartwiz’s guidance can help you reach your financial goals.
2. Build a Loyal Client Base: Start with Your Network
Once you’re certified, the next step is building your client base. Start by reaching out to friends, family, coworkers, and small businesses in your area. Most people prefer working with someone they know and trust, so your personal network is a great starting point.
One of the best parts about tax preparation is that it’s a recurring service. Once you gain a few clients, they’re likely to come back year after year, and they’ll often refer you to others. Consider offering remote tax preparation services as well, which allows you to work with clients all over the country and expand your reach. With a solid foundation of clients, this side hustle can easily grow into a lucrative income stream.
“True wealth is built one loyal client at a time.” Start small, provide great service, and watch your client base grow.
3. Leverage Technology to Work Smarter, Not Harder
Technology is a tax preparer’s best friend. By using the right tax software and automation tools, you can streamline the entire process—from calculating returns to filing electronically—saving time and increasing accuracy. These tools also allow you to serve more clients without adding more hours to your workload.
Smartwiz provides training on essential tax software, so you’ll feel confident and efficient from the start. By investing in tools that handle complex calculations and keep you organized, you can focus on client relationships and business growth. This way, you’ll work smarter, not harder, maximizing your income without sacrificing balance.
Inspiration: “Work smarter, not harder. Technology is the key to scaling without sacrificing your time.”
Start Your Journey with Smartwiz in Just 30 Days
If you’re serious about earning an extra $50,000 without quitting your 9-to-5, now is the time to take action. Smartwiz’s exclusive training program is designed to help you become a tax pro in just 30 days. Our partnership brings you all the resources and support you need to succeed—whether you’re completely new to tax preparation or looking to advance your skills.