If you are looking for information on the American Tax and Financial Group franchise business opportunity, income tax franchises or financial services franchising, then you have come to the right place.
American Tax and Financial Group was founded in 1997 in Dallas, Texas by Calvin Dale Brown II, as a sole proprietor certified public accounting firm.
The Company had very humble beginnings. With no more than $700 and a "dream", Mr. Brown secured a lease on a small office, measuring about 120 square feet, and the practice was born.
The first full year of business, the practice grossed about $35,000, mainly providing income tax services, including electronic filing, to individual taxpayers. Year two saw an increase in revenues from business services, as well as more tax clients, and revenue doubled to about $70,000. After just three years in business, the practice was grossing about $100,000 annually.
Over the next three years, Mr. Brown continued to run and grow the practice. After 6 years of running a local CPA firm, it was now time, and the decision was made, to expand the practice nationally, and American Tax and Financial Group was born.
Mr. Brown's vision for the Company is for it to be America's leading and premier financial services company, offering tax, comprehensive financial, and business services to the American public through a nationwide group of Certified Public Accountants and trained tax professionals (independent franchisees).
Are You Looking for a Business Opportunity? Consider the recession-proof income tax industry. Invest in an income tax franchise and get your share of the $10 billion U.S. income tax market.
Why do we simply have the best franchise opportunities on the market today? For starters, we have a very capable management team, led by Calvin Dale Brown II, a CPA with a business degree from one of America's leading business schools, the Sam Walton College of Business, and 10 years of progressive business and tax industry experience.
There is a tremendous amount of potential with our mainstream brand, The Income Tax Place. Also, with our two "niche" bands, Black American Income Tax Service and Latino Income Tax, we have very strong potential for market leadership. We are the only tax firm in the country that has taken a "niche" marketing approach with the African-American and Latino communities.
These two groups represent a combined 28% of the U.S. population. From a tax industry standpoint, that translates into an estimated 20 million potential customers and $3 billion to $4 billion in potential business. Please note that figures are corporate estimates.
Other benefits of owning a franchise are:
We are very motivated to offer our franchises and we are looking for motivated entrepreneurs who are hungry for an excellent business opportunity.
The information presented may have changed since first published. We recommend that you always verify fees, investment amounts and offers with the business opportunity directly prior to making a decision to invest.
1. What training and ongoing support do you provide?
You want to know what happens after you pay the initial fee. A strong franchisor provides comprehensive pre-opening training, site-selection help, operational playbooks, and continuous assistance with marketing, technology, and supply chains.
2. What is the total initial investment, and did actual startup costs match the estimates in Item 7 of the FDD?
The Franchise Disclosure Document (FDD) lists estimated startup costs in Item 7, but real-world expenses can run higher. Asking how closely current owners tracked to these estimates reveals if you need extra working capital or if hidden fees exist.
3. How do royalties and local/national marketing fees impact profitability?
You need to understand ongoing financial obligations-such as monthly royalty percentages and ad fund contributions-and evaluate whether the brand value and support justify cutting into your profit margins.
4. What are the common challenges new franchisees face, and how do you help them overcome them?
Transparent franchisors will openly discuss real hurdles like local competition, tight labor markets, or supply chain bottlenecks, and show you the exact playbook or field support they offer to solve them as well as allowing you to speak with other franchisees.
5. How many franchise locations have closed or left the system in the past few years, and why?
High turnover, store closures, or quiet franchise exits are major red flags. This question measures system stability, territory health, and whether the corporate team addresses struggling owners or lets them fail.
