How to Make Money From Home. No, really!
Working from home is not just the dream, it’s the necessity
We get it. Today – more than ever – working from home is not just the dream, it’s the necessity. But even before we got struck by the plague, people were working from home. How did they do it? You probably came across them here and there and you had to stop and wonder ‘how did they find that?! Or ‘what makes them so damn special?’
And how many work from home schemes have you already tried? Most of them are expensive to start, require serious marketing and sales to make money (hello essential oils!), or they just don’t measure up to their initial promise. By that I mean they lied. Yeah. I said it. They L I E D to you.
Not all of us are sales-y. I mean, sure, being a salesperson can always help you in business, but not all of us want to do that, you know? Or maybe we just suck at it. I tried selling makeup and candles and essential oils and whatever else I could think of to make money while watching my kids, but I just didn’t know enough people and it was another one of those things that sounded GREAT… until I actually did it.
I was stuck with a bunch of junk I bought as a ‘starter’ and had less money than I started with. I probably still have makeup floating around somewhere and more essential oils than I know what to do with. Good thing you can use it on anything. Supposedly.
After I went back and listened to all the starry-eyed testimonials from smiling, perfect looking women I figured there must be something wrong with me not to be able to sell their products.
They said it was so easy. Sells itself.
Yeah, sure it does.
Then I tried other stuff, and none of it really worked. I remembered my mom doing the same thing when I was a kid and I figured I was just another sucker who had been scammed and assumed that there are no legit ways to make money from home.
I looked at going back to school but it’s soooo expensive and I couldn’t live with bringing even more debt to my family. After thinking about the pros and cons, I realized that there’s no guarantee I’d even get a job in the same field I went back to school for, so I could throw tens of thousands of dollars right in the toilet. And I’d be in an office or a classroom when I want to be home with my kids. I don’t want to pay someone else to watch them all the time. I want to BE there.
By the way, if you’re feeling discouraged, I understand. I’m not trying to make this a Depression Fest. I’m just saying that we’ve been there, too. Sometimes if you don’t have a college degree, it seems like you can never make it in the world and do something other than flipping burgers or babysitting.
Now! No More sitting at home with your college degree…
Even if you have a college degree, what are you doing with it? How many stay at home moms and dads are sitting on their bachelor’s degrees doing nothing? Do you know how many waitresses I’ve met with a Master’s degree in psychology? Seriously, I’ve met a lot.
I heard this one waitress talking to the hostess as I was checking out and they were talking about their degrees, their student loan debt, and why they weren’t working in the profession they went to school for. The hostess had a double Master’s in women’ studies and political science and the waitress had a Master’s degree in law.
It blew my mind because here I was, thinking about how well I was doing working from home with very little formal education.
For real, I don’t want to brag or inflate your expectations, but I make more than my husband and he makes good money! But then I looked back at these ladies and I just shook my head. They chatted about not being able to pay their loans back, but they didn’t have any plan to use their degrees for various reasons.
They didn’t have any other plans, either. They were just drifting through in their mid to late 30’s with no plans and no hope for the future.
Waitresses work hard. I did my time on that, back in the day. I have a lot of respect for waitresses because it’s hard work and you get almost nothing at the end of the week. The paycheck for a waitress is barely enough to even pay the taxes she owes on tips.
But respect doesn’t mean that I want to be a waitress again.
And why are they there? There are a lot of reasons for that, but the one I hear the most is either that the market was flooded (graphic artists…cough…cough) when they graduated or they just weren’t interested in the work by the time they finished. You’re only young once, but that doesn’t mean you have to keep paying for the mistakes of your youth forever. Well, student loans. Yeah, you have to pay for those. Sorry.
We don’t live in the 1970s but everyone keeps doing the same thing, over and over, as if we do. Only because the same things that worked for our parents and grandparents failed us, it’s worse. We have these expectations like go to college, have a career, and do whatever you’re supposed to do after that. 35 is the new 15, apparently. A lot of us wound up living back with our parents or our parents wound up living with us, and frankly it kind of sucks.
To break that cycle – the insanity of practicing one task over and over again and expecting different results every time – we must do something different. Everyone has said that going to school online is the best thing ever. You don’t have to spend tons of money going to college; you can pick up a new trade for a few hundred bucks.
Sweet! Where do I sign up?
We can go online to one of the trillion and one e-learning platforms and learn a new skill. It took a lot of nerve to do that and now that you’ve figured it out you’re going to nail this. Piece of cake. You can do this! You’ve got skills now as a virtual assistant or graphic artist or writer. You signed up and learned how to use Google Data Studio to make wicked dashboards for executives in big cities and you’re on fire!
Google suites? You can do that?
Calendaring? Yup.
Excel spreadsheets? You know it all!
Except everyone in the Philippines has those same skills, and they charge a heck of a lot less than you do!
How can you seriously compete with someone who charges $3 an HOUR?!
Yeah, welcome to the global economy.
Here’s the deal, though:
People who want their taxes done want them done by someone who’s close to them. They are probably used to going to those big places who give impersonal service and charge a fortune for it. They’ll go in every year, even if they get crappy service, until something makes them really mad. Then they’ll go to another place and stay there forever until the same thing happens.
Insanity, remember?
What if they came to see YOU instead? Even if it was just on the phone or Zoom? If you can give them what they are looking for, they will keep reaching back to you every year. Just don’t piss them off! Don’t worry, you don’t have to smile too much or whatever. You just have to be good at what you do, and that’s where we can help.
Why is Taxx Savage Different?
Our company was created by people who get it. Every day isn’t Instagram. Your life isn’t perfect, and neither is ours. We swear. Our kids can be butt-heads. Sometimes we re-wear a shirt or a pair of pants if it looks okay and doesn’t smell. Or isn’t covered in peanut butter.
We share the same goals you do, which is to make a good living working from home by supporting individuals like you every single day. The only difference is that we’re able to help you as much as you are able to help us, and we love that. Most companies don’t actually care about the people who buy their product. Mo’ money, mo’ money, that’s it. You’re a bank account.
At Taxx Savage, from the minute you sign up for our newsletters or programs, you are US. We are you. You are part of the Pride and we walk with you every step of the way, building a network of people who work smarter instead of harder… who can make money from home online.
The tax industry is the most reliable and legitimate industry in America. It’s recession-proof, plague-proof, and in constant demand, which means it’s one of the most legitimate ways to earn money from your home. With Taxx Savage you use our software and training to start your own tax preparation business. Every one of our packages gives you a complete foundation for tax preparation, including federal licensing and certification, training, and a solid platform with excellent software.
Once you get started, our team supports you with marketing, legal resources, and dedicated technical support. Want to go big? You can upgrade your marketing and we’ll set you up with a company website, brochures, and everything you need to get started to compete with the Big Guys. This is a great option if you plan to do returns all over the country or if you plan to really take it and make it by hiring other people or going into business with a friend since additional certifications are only $99!
You’ll even have access to our exclusive Facebook community with content from our tax experts and a network of fellow entrepreneurs, stay at home parents, career transitioners, and side hustlers. Other people who have made it and can give you advice when you’re first starting out.
We make sure to give you other ideas to make money from home during the year when it’s not tax season with additional classes to teach you how to have an actual business that lasts and make money from home online. Aside from that, there are also travel and real estate programs for those who are interested in them to keep income coming in all year.
Numbers Never Lie!
Let’s get down to the nitty gritty here. If I were you I’d be telling me to shut up already and give me the real numbers, so let’s do the math:
You buy our starter package for $399, complete the training, and get yourself ready for tax season (meaning you make yourself a cup of coffee and open your laptop).
In the first two weeks you wind up getting 10 clients. The first couple take 30-40 minutes because you’re new at this but the rest go through really quick. You only spent about 4-5 hours total doing these 10 returns.
For each return you charge $299, because you’re nice. If you live in an area where it makes sense to charge more you can charge $399 per return or if the return is more complicated even higher. But for the sake of argument, let’s say you charged $299 per return.
10 returns x $299 = $2990 – $399 original cost of your software means you made $2591 in your first two weeks of tax season alone.
And that’s a slow first couple of weeks! You’d make at least $5000 in your first month because maybe you don’t know a lot of people and you just posted some ads around the neighborhood or used another cheap or free advertising trick that we teach to our Pride to bring people in.
It worked! You have clients! You have money! You got almost a full return on your investment with your very first client. The best part is that it didn’t take you 80 hours or 160 hours of your time to make that $5000 and you only spent $20 on advertising for the month!
Let’s break it down further:
4 hours each week for 10 client returns
1-2 hours each week advertising
Equals 20-22 hours per MONTH of work to earn $5000.
Now this is for someone who is a serious beginner. They don’t know anyone and they are careful starting out, taking their time to really get things prepared right and making sure they know what they are doing.
What does a pro look like? What does the person who is in their 2nd year or the person who is ready for more look like?
Let’s say you want to work full time. You can handle 6-8 hours a day and you are fully booked all day long with clients. You’ve almost got more clients than you know what to do with!
12-14 client returns per day
30-40 hours per week
$17,000 – $20,930 each WEEK
$68,000 – $83,720 per MONTH
If you’re a power player, know a lot of people, and are good at the salesy stuff, you can make serious cash. During tax season alone you could make well over $100,000 which is enough to last the entire YEAR. You work four months and you make money from home online while the rest of the time you’re free to do whatever you want, including other jobs, vacations, or another side hustle.
$299 is cheap. Again, you can charge more if you live in an area where tax preparers make a lot of money. Some people do nothing but business and corporate taxes, and they charge $600 – $3000 per tax filing. We’ll discuss pricing techniques, word-of-mouth advertising, coupons, and giving good value to your clients in our training courses.
When you tell your friends how to make money from home – because you know you’re going to brag – you can get them started in partnership with you and make your business a Big Deal just like those national names are. Everyone has ideas to make money from home, but this one is actually for real. Pay yourself FIRST, don’t just get the leftovers from someone else’s business.
If you’re sick of reading and want to do something to make this happen, click on the button below to learn more about the packages we offer. Everything from a little starter to a big deluxe, we’ve got you covered.
Frequently Asked Questions
Does Taxx Savage offer training?
Yes. We provide training for both the software usage AND for tax preparers just starting out. These training videos are great for small businesses already established who are looking to hire on new tax preparers without experience. Once you’ve partnered with us, you have access to our basic training modules in addition to the continuing education credits from an accredited school we have partnered with to gain additional certifications and training to tackle complex tax issues. The certificates you receive look great on your office wall or website!
How do I get paid?
Your fees are deducted from your client’s tax refund. The bank products you use will extract your fees and services charges directly from their refund.
What are the requirements to prepare taxes professionally?
- A PTIN or Preparer Tax Identification Number. We walk you through the steps of going to the IRS.gov website to obtain your number. It takes about 15 minutes as long as you meet the current requirements. Costs are different each year but it’s stayed pretty steady around $60 for your PTIN and about $15-20 each year to renew your number. That fee is determined by the IRS, not Taxx Savage.
- EFIN (Electronic Filing Identification Number) in order to electronically submit tax returns to the IRS you must have this number. This process is longer and more complicated but you can either choose to forgo getting an EFIN entirely by partnering with Taxx Savage or you can submit your application for your own EFIN and while still partnering with Taxx Savage to prevent losing business while you wait.
Do I need experience doing taxes?
Nope! A high school diploma or equivalent is suggested to be a tax preparer but not required. Tax preparers can complete training programs like the ones we provide or can be trained on the job. We provide all the training needed to use the Taxx Savage software as well as how to prepare taxes for those with no experience.
What if I need help or have questions while preparing taxes?
The software is user friendly and guides you through the process automatically so most people don’t have many questions after they go through training and start doing taxes. There is also what is called ‘interview mode’ so you don’t forget the right questions to ask your clients or to take the right actions in the software.
However if you do have a question about taxes or software you can contact us through the live chat option during our normal business hours (see our footer for current hours of operation) or you can use the same place to leave a message for us. If it’s a complex issue we may need to have our in-house tax auditor address it and that can sometimes take a couple of days for an answer, more during peak tax season.
For complex tax questions, you can also just call the IRS. We have found them to be very friendly and helpful. But just like our in-house team, if it’s peak tax season (usually February and April are the worst) then it may take a while to get through. Just the nature of the business!
Does Taxx Savage have an app?
We sure do! We have a downloadable app that allows your customers to take pictures of their documents, upload them, sign them, and anything else you need all with their phone on the app. How easy is that?
Do you support your partners all year or just during tax season?
You can contact us ANY time of the year. As we said above, if it’s peak tax season there may be delays but we support you all year long.
Is there a limit on the number of tax returns I can prepare?
Definitely not. We want you to prepare as many returns as possible. Our success is directly tied to your success.
Can I add this to my existing business?
You sure can. If preparing taxes isn’t your primary business structure, adding tax services can be a great match with several industries. If you have a credit repair business, are a financial planner, insurance agent, or another financial based business you can partner with us and collect fees from your client’s refund for convenience. Think how easy it would be to slip a note into an email or a physical mailing about your new services to your existing client base? And how many new clients you could bring in with those services?
Can I offer cash advances?
Yes! That is one of our bank products. You can offer pre-acknowledgement loans – which are done before the IRS opens – as well as in-season loans. Your clients have options as to how they want to receive their refund like ACH, direct deposit, money card, or a check by mail.
See for yourself how our tax preparation software can help you grow profits and drive success.
Already know what you’re looking for? Contact our sales team to schedule a call with one of our amazing team members.
