ATAX Accounting and Financial Services offers personal tax preparation, business tax prep, bookkeeping, payroll, incorporation and business startup. They also offer a training course to help franchisees become a registered tax return preparer, which also qualifies as 15 hours of federal continuing education. Accounting is a more than $60 billion market with personal tax preparation representing over $9 billion of that. These numbers are expected to grow in the years ahead and help to explain in part why ATAX has been able to continue its strong growth.
Full Franchise Information
A unique aspect of ATAX is that it can legitimately market its business as one that is recession-resistant. That’s because even if a person’s economic status negatively changes, they are still required to file taxes, which the people that work for ATAX are well equipped to handle. In addition, the
Along with handling taxes, ATAX helps individuals start their own businesses, deal with immigration issues and explain human resource issues to small business owners like the new healthcare reform.
History of ATAX Accounting and Financial Services Franchises
Since 1986, ATAX has offered tax preparation and accounting services. It originally began as Alvarez Income Tax Center when the founder, Rafael Alvarez, spent the first year preparing more than 300 personal tax returns. He added additional services over the next decade to increase income. However, by 1996, he focused solely on accounting and financial services, and in 2005, opened up his second location. Two years later, Victor Morisete was hired as a business consultant, and the decision to franchise was soon made, along with the name change to ATAX. There are currently 43 locations, across the northeast. ATAX is focused on expanding in the South, Southwest, Eastern United States.