Welcome to
The Academy of Taxes
Dear Future Tax Professional,
Welcome—and congratulations on taking the first serious step toward mastering a recession-proof skill that can transform your life, your income, and your future.
This isn’t just another tax course. It’s the foundation of a professional standard that puts ethics, excellence, and independence at the center of your career.
The tax industry isn’t going anywhere. Year after year, through economic shifts and uncertainty, one thing remains constant: people will always need tax support—and those who do it right will always be in demand.
Our Mission
This course was created to prepare you not just to file taxes, but to understand them. To serve people with accuracy, transparency, and integrity. Whether you plan to work independently, open your own firm, or bring tax services into your current business, this training will give you a complete and ethical foundation to build on.
We don’t cut corners. This course is for people who want to do it right.
What You’ll Gain
By the end of this course, you’ll be able to:
Prepare personal and small business tax returns with confidence
Understand the rules, forms, credits, and deductions that matter
Use professional tools, manage compliance, and protect client data
Start building your own tax business or side income
Approach your work with clarity, professionalism, and ethical standards
Courses
Practical approach
Our training is designed to provide the skills in a practical approach. Our students' success is our best asset in showing the quality of our training.
Globally oriented
Strategies shared and knowledge earned allows our students to immediately set up their business and start offering their services around the globe.
For your career
Whether you want to boost your career within the company you are working for or grow within your own business by applying the latest strategies we teach, this is the way.
Are You Ready to Take The Next Step?
12 Years of Experience
Learners
Assignments
Hours
Frequently asked questions
Do
I need a PTIN to prepare taxes for others?
Yes.
All paid tax preparers must have a valid Preparer Tax Identification Number
(PTIN) issued by the IRS.
Do
I need an EFIN if I’m just starting out?
If
you plan to electronically file 11 or more returns, you are legally required to
get an Electronic Filing Identification Number (EFIN) from the IRS.
What
are my responsibilities under due diligence?
You must verify documentation, complete Form 8867 for key credits, and keep records for at least 3 years. Your course outlines a full Due Diligence Checklist.
What are my responsibilities under due diligence?
You must verify documentation, complete Form 8867 for key credits, and keep records for at least 3 years. Your course outlines a full Due Diligence Checklist.
How should I price my services?
Choose from a flat rate, per-form, or hybrid pricing model, and always disclose fees in writing before starting work.
How do I secure client data?
Use
encrypted software, password-protected systems, and follow a Written
Information Security Plan (WISP) as taught in the course.
What documents do I need to bring for my tax appointment?
Bring
all W-2s, 1099s, prior-year returns, Social Security cards, and documents
related to deductions, dependents, and credits (e.g., childcare, education,
mortgage interest).
How
long does it take to receive my refund?
The
IRS typically issues refunds within 21 days for e-filed returns with direct
deposit, but delays may occur if there are errors or identity verification
issues.
Can I claim my child if they worked or filed their own return?
Possibly.
If you still provided more than half of their support and they meet the IRS's
qualifying child rules, you may still claim them.
What
if I’m missing a W-2 or 1099?
Contact
your employer or payer. If it’s still unavailable, we can help you request a
Wage & Income Transcript from the IRS or use Form 4852 as a substitute.
Do
I qualify for the Earned Income Tax Credit (EITC)?
That
depends on your income, filing status, and number of qualifying children. We'll
review your eligibility and complete the due diligence steps required by the
IRS.
Why
did I owe taxes this year when I got a refund last year?
Your income, withholding, credits, or deductions may have changed. We'll compare your prior return and help you adjust withholding or estimated payments for next year.
Can
I deduct my home office, vehicle, or business expenses?
Yes,
if you’re self-employed and the expenses are ordinary and necessary for your
business. We'll use Schedule C and track those expenses accordingly.
Is
unemployment or stimulus money taxable?
Unemployment
income is taxable; however, stimulus payments (Economic Impact Payments) were
not taxable but should be reconciled on your return if not received.
Can
I file if I haven’t received all my documents yet?
It's
best to wait until all documents are received. Filing with incomplete info may
result in the need to amend your return.
Will you help me if I get audited?
We’ll
provide copies of your return and documentation we prepared. If you need formal
representation before the IRS, we can refer you to an Enrolled Agent (EA) or
tax attorney.
Do
I need a license to become a tax preparer?
No
federal license is required to prepare taxes for a fee, but you must have a
valid PTIN from the IRS. Some states (like CA, OR, MD, and NY) may have
additional registration requirements.
What
is a PTIN, and how do I get one?
A
Preparer Tax Identification Number (PTIN) is required for anyone who prepares
federal tax returns for compensation. Apply online at irs.gov/ptin — it takes
about 15 minutes.
What
is an EFIN, and do I need one?
An
Electronic Filing Identification Number (EFIN) is required if you plan to
e-file more than 10 tax returns. You apply through IRS e-Services, and the
process includes a background check.
What
tools or software should I use to prepare returns?
Use
IRS-approved professional tax software such as TaxSlayer Pro, Drake, or
ProSeries. Choose based on your business model, support needs, and user
experience. Your course recommends testing software during training.
How
can I stay compliant with IRS rules and avoid penalties?
Follow
IRS guidelines including Circular 230, due diligence requirements, and always
use Form 8867 when claiming credits like EIC or CTC. Keep records for at least
3 years.
Can
I start a tax business from home?
Yes!
Many tax preparers operate virtually or from a home office. Make sure you have
an EFIN, secure internet, a WISP (Written Information Security Plan), and
separate business banking and records.
What
records should I collect from clients?
Collect
income forms (W-2s, 1099s), ID, SSN, dependent info, prior-year returns, and
proof of deductions or credits. Use a client intake form and follow your
course’s due diligence checklist.
How
much can I charge for tax preparation?
Your
pricing can be flat rate, per form, or a hybrid model. Always disclose fees
upfront and avoid contingency-based pricing. Refer to the Sample Pricing
Worksheet in your course.
What
if a client is missing a W-2 or 1099?
Instruct them to contact the issuer first. If unavailable, use the IRS Get Transcript tool or Form 4852 as a substitute, and document your due diligence steps.
What
is the best way to market my tax services?
Start with social media, local networking, and referrals. Your course includes Social Media Basics for Tax Pros and 20 Business Hacks to help you attract and retain clients.
Contact details
Get in touch
Address
MICHIGAN
Phone
248-702-5030
E-mail
info@thetaxacademy.net
Hours of operation
Monday - Friday 10.00 am - 04.00 pm
Thank you!
Copyright © 2025
Created with
