Rates of self-employment have been exploding in America and this trend is only accelerating.
Meanwhile, demand for relatively simple tax preparation for W-2 clients has been flat-lined and/or declining in recent years.
In 2023, will clients without a business activity even use professional tax preparers anymore?
Yes, of course, some W-2 clients will still use a professional tax preparer. But will it be the same percentage that use a professional tax preparer now? Or might that number of "W-2 only" clients decline by 20-50% over the next three years?
The Age of Robots
In an age of ever-increasing automation, a.k.a. "Robots Trying to Take Our Jobs," the answers to those questions are unknown...right?
Tax pros who assume that the "relatively simple" 1040 tax prep market will not decline by 20-50% in the next three years are playing a dangerous game. If the tax prep business is just a hobby for you, or you're about to retire anyways, maybe you can afford to play that game.
Tax pros who want to make sure we are never exposed to a 20-50% decline in our earnings, however, are making moves right now to position ourselves to not only survive, but thrive, in this New Era of Tax.
Because the way time flies nowadays, 2023 is not that far away...it'll be be here before we know it...right?
The good news is: the demand from self-employed clients for tax and accounting services has never been stronger! And it's getting stronger every day. For the Schedule C Master, it is so, so easy to get clients, make money, and all that good stuff.
The only "catch" is: self-employed clients will drive you NUTS if you don't know how to handle us!
Unlike W-2 clients, self-employed clients don't just sit there while you do their taxes, waiting to find out how much their refund is so that they can shake your hand and say, "See you next year!"
No, self-employed clients GRILL our tax professionals.
We put your tax professionals to the test over, and over, and over again (and at any time of the year, too, doesn't matter if it's tax season or not, we will GRILL you to a crisp 24/7/365 if we sense even the slightest hint of non-mastery).
How To Win
There's only one sure way to win big with self-employed tax clients and that's to achieve Schedule C Mastery.
Not Schedule C "good enough," not Schedule C "I'll figure it out," not Schedule C "if I don't know the answer, I'll just Google it."
Look at today's tax industry and you will see the stark reality:
Tax pros who are working towards and achieving mastery are doing GREAT.
Tax pros who are in that "good enough" mode, sorry, good enough is not good enough when you're serving self-employed clients who are fighting for our financial lives every day of the week, every day of the year, every day of our lives.
You Are The Hero
Pronto Tax School is here to help you become the Master that you know you can be. You are the hero, and we are the guide. You can get where you want to go a lot faster and with a lot more certainty and a lot less cost when you travel with us because we've done it before.
The things we teach are not based on "theory" or regurgitated rules cut and pasted from IRS publications, these are real life teachings that you can put to work right away to help your clients and help yourself. These are teachings based on our real life experience of working with thousands of real clients.
This new Schedule C Mastery Program can help any tax professional become truly elite at performing highly-valuable, constantly-in-demand tax preparation & tax consulting for Schedule C clients.
In As Little As 10 Hours
If you're a beginner or intermediate level tax pro, this Program can help you jump your game up several levels...within as little as 10 hours.
If you're already really good at working with self-employed clients, this Program can help jump your game up several levels...within as little as 10 hours.
By raising your skills and confidence in helping self-employed clients, you make sure that you're positioned into the growing part of the tax industry, the part of the tax industry where clients desperately need your expert help and you know your services will be in demand now and into the future.
What You Get
The Schedule C Mastery Program is divided into 5 easy, convenient modules that build upon each other:
- Who You're Serving: deep dive into the demographics and psychology of Schedule C clients.
- The Big Picture: shows you the major trends driving increasing rates of self-employment and how you can capitalize on those trends as a tax professional.
- The Mechanics: actionable, detailed instruction showing you the tips and tricks Schedule C Masters know about (and Schedule C non-masters don't).
- Problems to Avoid: shows you how to avoid the "welcome to hell" aspects of working with Schedule C tax clients (for example, dealing with clients who have no respect for your time or expertise, IRS audits, and much, much more).
- Points of Value: shows you exactly what you can do to create maximum value for your Schedule C clients, keep them for life, and flat-out take Schedule C clients from other tax professionals who have not achieved Schedule C Mastery.
Program materials include:
- Extensive, detailed, and not super-boring PDF textbook.
- Detailed video training (3 full walk-throughs on advanced Schedule C tax returns).
- Interactive review questions to test your knowledge as you proceed through the Program.
- Comprehensive Final Exam to verify your elite level skills.
- Step-by-step checklist that shows you exactly what you can do to apply your elite level Schedule C Mastery skills so that both your clients and you enjoy immediate and long-lasting earnings and benefits.
And One More Thing ...
As an added bonus, Founding Members (first 50 to enroll) can send additional questions directly to Program Instructor and receive additional, "customized for you" training at no extra charge.
We also give you a full collection of "plug and play" tools & resources to use with self-employed tax clients, including canned emails, ready-made presentation materials, step-by-step processes to sell consulting services to your self-employed clients, plug and play proactive tax reduction planning strategies,
We have a 100% money back guarantee within 14 days of purchase if not satisfied for any reason. We take all the risk because we're only happy if you're happy with your purchase.
Other than all that though, it's really not a good deal, and we're not excited at all about this new Program :)
In order to make sure you get a great ROI (return on investment) from your purchase of this Program, you need to dedicate at least 10 hours to the Program materials.
Your investment in the Program gets you 365 days of access, so that you'll receive all of the new training videos we add based on Member questions.
Please be advised that you need to be willing to implement what you learn, to get maximum ROI from this Program. Please ONLY join the Program if you're serious about growing your value for clients while substantially growing your own income and confidence. If you're looking to just knock out some inexpensive CE hours, please visit courses.prontotaxschool.com and we have plenty of other options, this is an ROI Training Program created exclusively for tax pros who want to invest $497 and then get back $5,000, $50,000, or $500,000 by applying what you learn here.
If you have questions about this training Program, or you want to build a customized package including this Program with one ore more of our other products, please feel free to contact our support team via email or call or text us (310) 422-1283.
This course provides 10 IRS-approved continuing education hours for Tax Preparers and Enrolled Agents.
Level: Intermediate to Advanced
Number of CE Hours: 10
Category: Federal Tax Law
IRS-Approved Education Provider: Pronto Tax School, Inc.
IRS Education Provider Number: MPMDK
IRS Course Number: MPMDK-U-00044-19-S
Andy Frye, EA
Founder & CEO, Pronto Tax School
***Before You Start, PLEASE READ THIS!
Getting Started Quiz
Who You're Serving (PDF Textbook)
Who You're Serving - Review Questions
The Big Picture (PDF Textbook)
The Big Picture - Review Questions
The Mechanics (PDF Textbook)
The Mechanics - Review Questions
Advanced Schedule C Practice Tax Return #1
Advanced Schedule C Practice Tax Return #2
Advanced Schedule C Practice Tax Return #3
Problems to Avoid (PDF Textbook)
Problems to Avoid - Review Questions
Points of Value (PDF Textbook)
Points of Value - Review Questions
Schedule C Tools & Resources
Schedule C Mastery - Final Exam
Ending Assessment Instructions
Schedule C Mastery: Ending Assessment 2
Marketing Resources for Schedule C Clients
Final Steps: Certificate of Completion, IRS, etc.
5 Minute Feedback