We at Realty Corp of NY host many types of events, courses, and classes for our clients. This season we are offering something unheard of, we are offering free training through AMER-E-TAX, INC. on how to make additional income while preparing taxes.
AMER-E-TAX, INC.
1321 CASTLE HILL AVENUE
BRONX, NEW YORK 10462
718-828-4770 fax 718-828-6091
Why a Tax Business?
Unemployment is expected to increase this year as more and more banks lose money
resulting from the housing crisis and bad investments. Decreased spending by consumers
watching their properties, 401Ks and pensions fall in value and the prospect of higher
unemployment will further negatively impact the economy. There has never been a more
ideal time to either start earning additional or replacing lost income.
Why a tax business? The recent $700 Billion dollar financial rescue plan and additional
Billions allocated on FANNIE MAE, FREDDIE MAC, AIG, and other financial
institutions ensure that we the taxpayers will be footing the bill for years on end in the
form of paying our income taxes. Proposals by both presidential candidates, particularly
Barrack Obama, if elected president will increase aid to students, low and middle income
families, and others in the form of tax rebates, refunds, and refundable tax credits.
Whoever is elected will have to provide some sort of relief to “Main Street”, the
taxpayers. Income from a tax preparation business will not be subjected to changes in
economic cycles.
Generating income from fees charged for taxes prepared is only one income stream. Tax
preparers will not only generate income from their own clientele; income may also be
derived from fees generated by others they recommend to become an independent tax
preparer. Future income streams will be developed as we seek to turn this opportunity
into a full Financial Services provider.
Franchises fees exceed fifty thousand dollars, plus location and overhead expenses. By
grouping independent preparers, locations may be established without the costs of a
franchise fee. Franchises are also limited to geographic locations where as independent
tax preparers will have the ability to target clients from varied geographical areas. The
market is not limited to an immediate area. Income can be generated wherever an
independent tax preparer can be linked to our system, eliminating some of the restriction
imposed by a franchisor.