February 19, 2009 // Franchising.com // Sacramento, CA – As the nation's unemployment rolls continue to grow, so does the need for job seekers and those collecting unemployment insurance to brush up on their tax laws. Roni Deutch, the Nation's "Tax Lady" and CEO of Roni Deutch Tax Center, wants to make sure those who have fallen victim to the economic downturn don't get hit while they are down just because they didn't know the tax breaks available to them.
Some health insurance costs along with certain job search expenses can qualify you for a tax deduction, but severance packages and unemployment compensation are considered taxable income.
"Out of work American's need to polish up on their resumes and interview skills as well as their tax knowledge," said Ms. Deutch. "When money is tight, every dollar counts so be sure you plan ahead for tax time."
Deutch, who for the past 18 years has built her law practice into the largest tax resolution law firm in the United States, launched her own brand of nation-wide tax preparation franchise centers – Roni Deutch Tax Center – to rival top chains because she saw the need for competent, professional tax return preparation.
Roni Deutch has built her reputation as one of the most successful tax lawyers through hard work and dedication to the needs of taxpayers. Her competitive spirit and insatiable work ethic have made her a household name with one out of three American adults knowing the name Roni Deutch. Through her years of practice, she saw that many of her clients' tax problems were caused by sloppy and unprofessional tax return preparation. Ms. Deutch decided it was time to put her experience to work for taxpayers across the country. Roni Deutch Tax Center is now filling the need for competent tax return preparation. In the February 2009 edition of the Entrepreneur Magazine, Roni Deutch Tax Center is in the top 2% of the fastest-growing franchises out of over 3,000 franchise concepts in the country. An affordable franchise opportunity, a Roni Deutch Tax Center franchisee can expect to invest between $26,500 (tax preparation business conversion) and $99,950 to open a tax center with the average investment being about $65,000 for one location.