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A taxing proposition.


Q A I am attempting to start an online income tax preparation business. Is it possible for a client to submit his or her tax forms to me via the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 so I can process the return, or am I dreaming too big or too fast?

--G. E. Williams

Alpharetta, GA

Online tax preparation services Tax preparation services

Firm that prepare tax returns for a fee.
 are growing by leaps and bounds as millions of taxpayers use the Internet each year to file taxes and save time and money. However, starting your own Web-based tax preparation business in such a fiercely competitive market may not be a good idea.

It will be difficult for your business to stack up against popular market leaders such as CompleteTax, H&R Block, and TurboTax. Potential customers will be reluctant to share personal income tax information with a small, Web-based service that they hardly know.

You should consider owning a franchise as a viable option for your tax preparation business. The tax preparation industry is recession-proof and is growing every year. Look into Colbert/Ball Tax Service (www.colbert Col·bert   , Claudette Originally Lily Claudette Chauchoin. 1903-1996.

American actress best known for her comedic roles. Her film credits include It Happened One Night (1934), for which she won an Academy Award.

Noun 1.
 balltax.com) in Houston Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy


The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry;
. It's it's  

1. Contraction of it is.

2. Contraction of it has. See Usage Note at its.


it's it is or it has
it's be ~have
 one of the few black-owned tax service franchisors in the nation.

Before starting your tax preparation e-business, see how well you stack up against the competition. If you want to proceed, consider offering your services on a more local scale. With so many tax preparation choices, your dream of entering a national market may indeed be too big and too fast.
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Article Details
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Title Annotation:CYBERWISE
Author:Johnson, James C.
Publication:Black Enterprise
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 1, 2005
Words:240
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