Advantages of Having a Virtual Tax Preparation Office

The way we work is changing drastically. The recent crisis has expedited that change, forcing everyone to figure out how to transition from a physical work environment to a virtual one. Tax preparation is no different. If you’re thinking of starting your own tax business, a virtual one is a great option. Here are some advantages to having a virtual tax business.

Low Overhead

Having a virtual office means you don’t have to worry about paying rent, an expensive bill to pay on a monthly basis. It also means you have less utility expenses as you don’t have a building that uses water and energy. This is especially important now as offices are being forced to close due to social distancing measures.

Work From Anywhere

Having a virtual office means you are not tied to a physical space. Whether you’re traveling or just need a change of scenery, having a virtual office means you’re free to work from anywhere.

Support clients virtually

With the right technology, you can file your client’s returns virtually without having to actually meet them in person. You’ll need to make sure you have the proper cybersecurity measures in order to be able transfer files safely. You’ll also need to look into video conferencing tools to be able to meet with clients face to face. There are several free options out there like Google Hangouts or Skype.

Less Hassle

Having a brick mortar location comes with lots of responsibility. You have to keep it clean, pay utilities and rent, worry about security, and invest in things like office furniture and decor. None of those things are necessary with a virtual office!

Having a virtual tax office is a great way to get started as a tax business owner! It’s portable, flexible, and perfectly viable for today’s virtual work environment.