Tax Accountant Business

Business Idea: Start A Tax Accountant Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$178K
Avg Startup Costs
$11.7K
Score
73
Market Size
Avg Revenue
Min Revenue
$8K/month
Max Revenue
$500K/month
Avg Days To Build
60 days

A tax accountant prepares, files, and manages individual and corporate taxes according to tax laws and regulations. To become a tax accountant, consider taking tax law courses, so you are well prepared for your career. Although a bachelor's degree isn't always required, most accountants have one.

Some employers prefer hiring tax accountants with a Master's degree in accountancy or business administration.

Revenue & Profitability

How much do tax accountant businesses make?

Startup Costs

How much does it cost to start a tax accountant business?

  • It can cost as low as $500 to start a tax accountant business.
  • It can cost as high as $500,000 to start a tax accountant business.

Learn more about the costs of a tax accountant business.

Examples Of Successful Tax Accountant Businesses

Successful tax accountant business businesses and case studies

Dubai-based SimplySolved has flourished since it was founded six years ago, thanks to its ISO certifications and skilled team. It manages more than 300 companies, handling all aspects of their back-office operations, and turns over $4m annually, experiencing growth of 40% a year, while retaining 4.9 out of five in Google rankings. Founder Haroon Juma says a solid platform, automation and providing a seamless user experience were among his priorities when launching.

$500K Monthly Revenue
$500K Startup Costs
Read by 1,778 founders

A case study about FreeCashFlow.io, an accounting agency that specifically caters to the financial needs of Onlyfans models and entrepreneurs, helping them with bookkeeping, taxes, and financial management, all while overcoming the stigma associated with the industry.

$25K Monthly Revenue
$500 Startup Costs
Read by 6,790 founders

See full list of successful tax accountant businesses.