🎓 New: Nationwide Tax Experts Academy is here. Explore →
Book a Free Call

ERO Canva Content Library / Myth vs. Fact

Myth vs. Fact

Correct common misconceptions about starting and running a tax business.

How to Customize Your Post

25 Myth vs. Fact Templates

Click Customize in Canva to open your own copy, then use Copy message to paste the suggested caption with your post. Edit the message to fit your business before posting.

Myth vs. Fact social post: Only CPAs can prepare taxes.
Myth vs. Fact

You Need a CPA License

Myth: Only CPAs can prepare taxes.

Customize in Canva

Suggested post message

Myth: you need to be a CPA to prepare taxes. Fact: any preparer with a valid PTIN can legally prepare federal returns for pay. Don’t let three letters you don’t have stop you from a career you could love.

Thinking about becoming a tax preparer? Send us a message.

#TaxMyths #PTIN #TaxCareer #TaxPreparer

Instagram & Facebook post (4:5)

Myth vs. Fact social post: It only earns 4 months a year.
Myth vs. Fact

Tax Business Is Only 4 Months

Myth: It only earns 4 months a year.

Customize in Canva

Suggested post message

Myth: tax work only lasts four months. Fact: extensions, amended returns, bookkeeping, payroll and IRS letters keep a good office busy from May through December.

Curious what a year in a tax office looks like? Ask us.

#TaxMyths #YearRoundIncome #TaxCareer #TaxOffice

Instagram & Facebook post (4:5)

Myth vs. Fact social post: Software replaced preparers.
Myth vs. Fact

Software Does Everything

Myth: Software replaced preparers.

Customize in Canva

Suggested post message

Myth: software replaced tax preparers. Fact: DIY software has been around for decades, and roughly half of all returns are still prepared by professionals. People want someone who stands behind the return.

Want to be that someone? Let’s talk.

#TaxMyths #TaxPro #HumanTouch #TaxCareer

Instagram & Facebook post (4:5)

Myth vs. Fact social post: It takes years to learn.
Myth vs. Fact

It Takes Years to Learn

Myth: It takes years to learn.

Customize in Canva

Suggested post message

Myth: it takes years to learn tax preparation. Fact: you don’t need to know the whole tax code. Most individual returns follow patterns you can learn in weeks, with good guidance and practice.

Interested in learning? Send us a message.

#TaxMyths #LearnTaxes #NewPreparer #TaxCareer

Instagram & Facebook post (4:5)

Myth vs. Fact social post: A franchise is the safer bet.
Myth vs. Fact

Franchises Are Safer

Myth: A franchise is the safer bet.

Customize in Canva

Suggested post message

Myth: a franchise is the safest way to start. Fact: franchises often charge upfront fees and royalties on every return. Compare the contracts and the math before you sign anything.

Have questions about your options? Ask us.

#TaxMyths #TaxBusiness #SmallBusiness #KnowTheNumbers

Instagram & Facebook post (4:5)

Myth vs. Fact social post: You need a storefront.
Myth vs. Fact

You Need a Storefront

Myth: You need a storefront.

Customize in Canva

Suggested post message

Myth: you need a storefront to run a tax business. Fact: many offices serve clients from a home office or fully online, using secure portals, e-signatures and cloud software.

Want to see how a modern tax office works? Message us.

#TaxMyths #HomeBusiness #VirtualOffice #TaxOffice

Instagram & Facebook post (4:5)

Myth vs. Fact social post: Bank products hurt clients.
Myth vs. Fact

Bank Products Are Predatory

Myth: Bank products hurt clients.

Customize in Canva

Suggested post message

Myth: bank products hurt clients. Fact: refund transfers are regulated, clearly disclosed and let clients pay prep fees from their refund, with nothing out of pocket upfront.

Questions about how bank products work? Ask us.

#TaxMyths #BankProducts #RefundTransfer #TaxFacts

Instagram & Facebook post (4:5)

Myth vs. Fact social post: The market is saturated.
Myth vs. Fact

The Market Is Saturated

Myth: The market is saturated.

Customize in Canva

Suggested post message

Myth: there are too many tax preparers already. Fact: filing volume keeps growing while many experienced preparers are retiring. Careful, professional preparers are always in demand.

Think there’s room for you? There is. Let’s talk.

#TaxMyths #TaxCareer #Opportunity #TaxPreparer

Instagram & Facebook post (4:5)

Myth vs. Fact social post: You must memorize the code.
Myth vs. Fact

You Must Know Everything

Myth: You must memorize the code.

Customize in Canva

Suggested post message

Myth: you have to memorize the tax code. Fact: good preparers research, verify and ask. Even 30-year veterans look things up every day. Judgment matters more than memory.

Want to learn how preparers really work? Message us.

#TaxMyths #TaxPro #RealSkills #TaxCareer

Instagram & Facebook post (4:5)

Myth vs. Fact social post: It takes serious capital.
Myth vs. Fact

Starting Costs a Fortune

Myth: It takes serious capital.

Customize in Canva

Suggested post message

Myth: starting a tax business takes serious capital. Fact: there’s no inventory, office space is optional, and professional software is priced for new offices. Startup costs are low compared to most small businesses.

Curious about the real numbers? Ask us.

#TaxMyths #LowCostStartup #SmallBusiness #TaxBusiness

Instagram & Facebook post (4:5)

Myth vs. Fact social post: You can't beat the chains.
Myth vs. Fact

Big Chains Always Win

Myth: You can’t beat the chains.

Customize in Canva

Suggested post message

Myth: independent offices can’t compete with the big chains. Fact: independents win every day on service, speed, fair pricing and real relationships. Clients remember who answered their call.

See how a local office competes. Send us a message.

#TaxMyths #ShopLocal #IndependentBusiness #TaxOffice

Instagram & Facebook post (4:5)

Myth vs. Fact social post: Clients just want cheap.
Myth vs. Fact

Clients Only Care About Price

Myth: Clients just want cheap.

Customize in Canva

Suggested post message

Myth: clients only care about price. Fact: clients pay for accuracy, speed and someone who still answers in July. Great service keeps clients coming back year after year.

Want to build a practice clients stay with? Let’s talk.

#TaxMyths #ServiceFirst #ClientCare #TaxPro

Instagram & Facebook post (4:5)

Myth vs. Fact social post: Tax law changes too fast.
Myth vs. Fact

IRS Rules Change Too Fast

Myth: Tax law changes too fast.

Customize in Canva

Suggested post message

Myth: tax law changes too fast to keep up. Fact: professional software updates with the law, and updates and training arrive before each season. You don’t have to track every change alone.

Questions about staying current? Ask us.

#TaxMyths #TaxLaw #StayCurrent #TaxPro

Instagram & Facebook post (4:5)

Myth vs. Fact social post: You need perfect credit.
Myth vs. Fact

You Need Perfect Credit

Myth: You need perfect credit.

Customize in Canva

Suggested post message

Myth: you need perfect credit to become a tax preparer. Fact: getting a PTIN requires being in good standing with your own taxes, not a perfect credit score.

Wondering if you qualify? Send us a message.

#TaxMyths #PTIN #TaxCareer #FreshStart

Instagram & Facebook post (4:5)

Myth vs. Fact social post: It's all about big refunds.
Myth vs. Fact

Refunds Are the Only Business

Myth: It’s all about big refunds.

Customize in Canva

Suggested post message

Myth: tax preparation is all about big refunds. Fact: the real work is accuracy, compliance and planning. A refund is one outcome, not a promise.

We believe in doing it right. Want to learn how? Let’s talk.

#TaxMyths #AccuracyFirst #EthicalTaxPrep #TaxPro

Instagram & Facebook post (4:5)

Myth vs. Fact social post: The bureau takes your fees.
Myth vs. Fact

Service Bureaus Take Your Fees

Myth: The bureau takes your fees.

Customize in Canva

Suggested post message

Myth: a service bureau takes your fees. Fact: with the right service bureau, preparers set their own prices and keep their preparation fees. Always read the agreement and ask about every fee.

Have questions about how this works? Ask us.

#TaxMyths #ServiceBureau #KnowTheFees #TaxBusiness

Instagram & Facebook post (4:5)

Myth vs. Fact social post: Only natural salespeople win.
Myth vs. Fact

Only Extroverts Succeed

Myth: Only natural salespeople win.

Customize in Canva

Suggested post message

Myth: only natural salespeople succeed in this business. Fact: clients want a careful listener, not a showman. Attention to detail is what wins and keeps clients.

Quiet and detail-oriented? You might be a great fit. Message us.

#TaxMyths #Introverts #DetailMatters #TaxCareer

Instagram & Facebook post (4:5)

Myth vs. Fact social post: AI will replace preparers.
Myth vs. Fact

AI Will Kill Tax Prep

Myth: AI will replace preparers.

Customize in Canva

Suggested post message

Myth: AI will replace tax preparers. Fact: technology speeds up research, but clients still want a real person who is accountable for their return and can help them with the IRS.

Want a career that uses technology instead of fearing it? Let’s talk.

#TaxMyths #AI #FutureOfWork #TaxPro

Instagram & Facebook post (4:5)

Myth vs. Fact social post: Miss January, miss the year.
Myth vs. Fact

You Can’t Start Mid-Season

Myth: Miss January, miss the year.

Customize in Canva

Suggested post message

Myth: if you miss January, you missed the year. Fact: late starters still help with extensions and amended returns, and they head into next season fully ready.

The best time to start is now. Send us a message.

#TaxMyths #StartNow #TaxSeason #TaxCareer

Instagram & Facebook post (4:5)

Myth vs. Fact social post: All tax software is alike.
Myth vs. Fact

All Software Is the Same

Myth: All tax software is alike.

Customize in Canva

Suggested post message

Myth: all tax software is the same. Fact: platforms differ in bank product options, cloud access, support and pricing. The right tools make a big difference in peak season.

Curious what we use and why? Ask us.

#TaxMyths #TaxSoftware #ProTools #TaxOffice

Instagram & Facebook post (4:5)

Myth vs. Fact social post: Good work markets itself.
Myth vs. Fact

Marketing Is Optional

Myth: Good work markets itself.

Customize in Canva

Suggested post message

Myth: good work markets itself. Fact: referrals are powerful, but steady marketing, reviews and a Google presence are what turn good work into a growing business.

Want to see how we get the word out? Let’s talk.

#TaxMyths #Marketing #SmallBusiness #TaxOffice

Instagram & Facebook post (4:5)

Myth vs. Fact social post: You can't do family's taxes.
Myth vs. Fact

Family Can’t Be Clients

Myth: You can’t do family’s taxes.

Customize in Canva

Suggested post message

Myth: you can’t prepare taxes for family. Fact: paid preparers can serve family members, as long as they follow the same PTIN and due diligence rules as with any client.

Family and friends are often a preparer’s first clients. Questions? Ask us.

#TaxMyths #FirstClients #TaxRules #TaxPreparer

Instagram & Facebook post (4:5)

Myth vs. Fact social post: Tax pros fight the IRS.
Myth vs. Fact

The IRS Is the Enemy

Myth: Tax pros fight the IRS.

Customize in Canva

Suggested post message

Myth: tax preparers are always fighting the IRS. Fact: the IRS provides preparers with hotlines, e-services and support. Accurate, well-documented returns keep things smooth.

Want to learn how compliant preparers work? Message us.

#TaxMyths #IRS #Compliance #TaxPro

Instagram & Facebook post (4:5)

Myth vs. Fact social post: More clients is always better.
Myth vs. Fact

More Clients Is Always Better

Myth: More clients is always better.

Customize in Canva

Suggested post message

Myth: more clients is always better. Fact: a few hundred well-served, fairly priced clients often earn more than a pile of discount returns. Build the practice you want, not just a busy one.

Let’s talk about building it the smart way.

#TaxMyths #WorkSmarter #SmallBusiness #TaxBusiness

Instagram & Facebook post (4:5)

Myth vs. Fact social post: Bureau contracts trap you.
Myth vs. Fact

You’re Locked In Forever

Myth: Bureau contracts trap you.

Customize in Canva

Suggested post message

Myth: once you sign with a service bureau, you’re locked in forever. Fact: a good bureau earns your renewal with service. Always ask about the contract length and exit terms before you sign.

Have questions about contracts? Ask us.

#TaxMyths #ReadTheContract #ServiceBureau #TaxBusiness

Instagram & Facebook post (4:5)

More Categories

Want Help Getting Started?

Talk with our team about growing your tax business with Nationwide Tax Experts.

Schedule a Free Consultation
Scroll al inicio