How to Open a Tax Office

Congratulations on making the first step to opening your own tax office.

We’re guessing you are reading this information packet because you’re interested in becoming a professional tax preparer. Maybe you are brand new to the tax business or you’re finally branching out on your own. Either way, let us be the first to welcome you to the business and get you off on the right foot. Below you will find a list with all of the information you need to get the process started.

We would love to help you with any of these steps. Please email sales at acetaxsoftware@gmail.com if we can assist you during this process.

Step1–Apply for your EFIN.

This critical step is often overlooked because a lot of people don’t know they need it. An EFIN, Electronic Filing Identification Number, allows you to file both federal and state tax returns electronically. The process generally takes about 45 days. Ready for your EFIN? Visit www.irs.gov/tax-professionals

Step 2 – Obtain or renew your PTIN.

A PTIN, Preparer Tax Identification Number, is required for any person who prepares a tax return for compensation. This step is required for each preparer in your office. The PTIN process can be quickly completed online. To get started, www.irs.gov/tax-professionals .

Step 3 – Find out what your state requirements are.

This is also a crucial step as some steps have specific requirements beyond the federal requirements. You can learn more about your state’s requirements by visiting the IRS State Page. www.irs.gov