Tax Centers of America

Tax preparation, electronic filing

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Units as of 2021
N/A Yearly Data not available
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$20K - $64K

Company Overview

The first Tax Centers of America (TCOA) office opened in Russellville, Arkansas, and the company is still headquartered there today. The business started out offering electronic tax filing services, but within a couple of years had expanded to training others to open their own electronic filing businesses and acting as a service center for tax offices. Franchising officially began in 1997.

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About Tax Centers of America

Related Categories
Tax Services, Financial Services,
Founded
1994
Leadership
Tonia Ouzts, CEO

Franchising Overview

Franchising Since
1997 (24 years)
# of employees at HQ
15
Where seeking
Franchisor is seeking new franchise units in the following regions/states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming

Franchisor Information

Corporate Address
1611 E. Main
Russellville, AR 72801

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Tax Centers of America franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$10,000 - $35,000
Initial Investment
$20,300 - $63,550
Cash Requirement
$30,000
Royalty Fee
$30-55/return
Ad Royalty Fee
0.00
Term of Agreement
10 years
Is franchise term renewable?
Yes

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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Tax Centers of America offers in-house financing to cover the following: franchise fee, startup costs
Third Party Financing
Tax Centers of America has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
4 days
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Marketing Support
Ad Templates
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
# of employees required to run
2
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where Tax Centers of America landed on this year’s Franchise 500 Ranking versus previous years.

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Updated: October 23rd, 2020
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