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About John A. Troland
Expertise
I am a professional accountant, small business consultant and business plan writer with 43 years experience ( I am also listed on allexperts website as a volunteer in the category of Writing Business Plans).I can answer questions on what needs to be done to start a small business; forms of legal organization;financing for the business; need for a business plan; questions related to the purchase of a business; risks and rewards of owning a small business; marketing and promotion questions and questions concerning bookkeeping, accounting and tax considerations when starting a small business

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numerous clients over 43 years in retail, wholesale, service and the
manufacturing sectors

 
   

You are here:  Experts > Business > Small Business: Canada > Starting a Small Business > Tax Preparation Home Business

Starting a Small Business - Tax Preparation Home Business


Expert: John A. Troland - 9/8/2009

Question
Hello,

I am a successful 25 year old, Finance/Economics major, working full-time, but wanting to begin a tax preparation home business. I have researched the business, have an above average knowledge of tax preparation (have done mine and others taxes for years), and actually enjoy the idea of running a tax preparation home business for additional income.

I just moved to Ohio, and have searched all over the internet for what I need as far as state licenses to begin this business. I will not claim to be an accountant or book-keeper, but would like to name the business something with "Financial, LLC" in it.

Would you know what I need to do to get registered with the state of Ohio? Or does this business not require a state license/permit? Have you any success in this type of business?

Your response will be wonderful.


Answer
Vitaly: I reside in CT so I have no knowledge of Ohio license/permit rules, regulations and laws.  I would suggest you either contact a local small business accountant in your area or contact your local SCORE/Service Corp of Retired Executives chapter at 800-634-0245 or www.score.org  They offer FREE help, assistance and guidance in all areas you would need.
       As for success in "this type of business" I have been doing taxes for 44 years, love it and have been VERY successful.

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