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Need a better reason to be in business?
Because Everyone HAS to pay taxes.
1. GROWTH POTENTIAL
In 1981, less than 35%, or 18 million people, paid a preparer. Out of the estimated 132 million returns to be filed this year about 61%, or 80 million filers, will pay a preparer. That's an increase of 62 million customers. The fact is that the number of people who pay a preparer continues to grow.
2. RECESSION PROOF INDUSTRY
Benjamin Franklin stated there are two certainties in life, "Death and Taxes". Filing an income tax return is a certainty. Add to that, the certainty of change. Consider the fact that in May of 2003 President Bush signed into law a $350 billion dollar tax cut package that ensures 10 years of changes in the tax law. There have been 36 consecutive years of tax changes. It changes every year, and that's good news for the tax preparation industry.
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