How to get started offering advisory services

Get the guidance you need to become the trusted tax advisor your clients seek, and gain the year-round revenue you deserve.

What is tax advisory?

How do I get started?

How should I set my pricing?

Gain a firm understanding of tax advisory services and what they can mean for your practice.

What is tax advisory?

Tax advisory services include all of the following steps:

  1. Start with client goals.
  2. Identify specific tax strategies that align with those goals.
  3. Work with the client throughout the year to implement those strategies.
  4. Most importantly, measure and show clients the tax savings associated with those strategies.

These services provide strong, year-round revenue opportunities to meet client demand:

79%  

of taxpayers are willing to pay more for a tax professional's service if it will result in improved financial outcomes (such as reducing tax liability and money savings).*

62%  

of tax firms are charging for tax planning and advisory services today, according to the Tax Planning and Advisory Insights study.*

How do I get started?

How should I set my pricing?

Definition of tax advisory services

Tax advisory services include all of the following steps:

  1. Start with client goals.
  2. Identify specific tax strategies that align with those goals.
  3. Work the client over quarters and years to implement those strategies.
  4. Most importantly, measure and show clients the tax savings associated with those strategies.

These services provide strong, year-round revenue opportunities to meet client demand:

79%

of taxpayers are willing to pay more for a tax professional's service if it will result in improved financial outcomes (such as reducing tax liability and money savings)*

62%

of tax firms are charging for tax planning and advisory services today, according to the Tax Planning and Advisory Insights study

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86%

prefer to work with a tax professional who has the best tools and expertise in tax advice.*

79%

are willing to pay more for a tax professional's service if it will result in improved financial outcomes (e.g., reducing tax liability, money savings, etc.).*

66%

want more financial and tax advice from their tax professional/advisor.*

Ready to jump-start your tax advisory services?

We’re here to help. Whether you’re ready to try out our Intuit Tax Advisor software that integrates with Intuit Lacerte Tax and Intuit ProConnect Tax, or you just want to receive our free e-newsletter to get tips about tax advisory—we’ve got you covered.