Financial technology (FinTech) is related to software applications that are used in the accounting, banking, financing, real estate and tax industries. Business technology is related to computer hardware, software applications, and systems used to operate a company. Technology is used in almost every aspect of our modern lives, including:
- Food Handling
Business Technology and Innovation
Business technology drives innovation and improves productivity within the marketplace. It helps small business effectively compete against large corporations. Large corporations do well in a traditional business environment, but they do not always compete well against innovation. Small business owners move faster and often have direct contact with customers. Business technology and innovation are the friend of small business owners in that the right financial and business technologies can open new business opportunities, streamline business operations and develop a loyal customer base.
New Business Opportunities in Veterans in tax business
There have been significant road blocks in the past to starting a tax preparation business. Some of these include:
- Solid knowledge of income tax law.
- Register with the IRS as a tax preparer (Preparer Tax Identification Number (PTIN))
- Apply for the IRS Electronic Filing Identification Number (EFIN) to use the e-filing system.
- Find, install, learn and maintain tax preparation software.
- Managing growth.
Virtual Tax Preparer Services
1040TaxBiz has developed innovative Virtual Tax Preparer Services to free you up from the problems listed above. The concept is quite simple. You place clients in front of a monitor. 1040TaxBiz prepares and files their taxes. The virtual tax preparation services offered by 1040TaxBiz allow you to focus on starting and growing your own tax business. 1040TaxBiz offers three primary virtual products: Virtual Tax Countertop, Virtual Tax Workstation and Virtual Tax Center. Watch the Virtual Tax Preparer Services Video to get an idea how this system works.
Virtual Tax Countertop
The Virtual Tax Countertop is an integrated computer-monitor system. It in a small item that sits on a desk or table. Your clients sit in front of the monitor as qualified 1040TaxBiz tax preparers file their taxes. It is designed for a retail store environment, such as a grocery store or check cashing store.
Virtual Tax Workstation
The Virtual Tax Workstation is a mobile easy to assemble tax center. It is a tax kiosk system complete with monitor, scanner and printer. It is designed for a retail store environment.
Virtual Tax Center
The Virtual Tax Center is a full tax office system with desk, chairs, computer and monitor. It is designed for a professional tax office environment.