A tax practice earns most of its year in a few busy months and pays its people all twelve. Apply in five minutes; funding can arrive in as little as 24 hours.
Apply Now →Accounting and tax offices have one of the most lopsided calendars in small business. Individual returns, business returns, bookkeeping catch-up and year-end cleanup pile into the first part of the year, and the remaining months are lighter. Seasonal preparers are hired and trained in the weeks before the rush, which means payroll rises before the fees do. Software subscriptions, e-file fees, office leases and professional insurance come due on schedule whether it is a busy month or a quiet one.
Texas adds its own deadlines for clients. The Texas Comptroller sets the annual franchise tax report due May 15, moving to the next business day if that falls on a weekend or holiday, and entities at or below the no-tax-due threshold file the Public Information Report or Ownership Report. Sales tax filers are told by letter whether they file monthly or quarterly. A practice that handles those filings for its clients carries a steady load of recurring deadlines, and it is paid for them on its own billing cycle.
| Stretch of the year | What the office is doing | Cash pressure |
|---|---|---|
| Pre-season | Hiring and training seasonal preparers, upgrading software, setting up the intake process | Payroll and software costs rise before the first fee is collected |
| Peak season | High volume of returns, extensions and deadlines | Revenue is strong, but some clients pay late or on a payment plan |
| Post-deadline | Franchise tax and amended filings, cleanup, bookkeeping catch-up | Revenue falls while full-time staff and rent continue |
| Off-season | Recurring bookkeeping, advisory, planning projects | Thinner months, and the next hiring cycle is already approaching |
Suppose a small firm collects most of its annual fees in a few busy months, then has a full-time staff of five on payroll all year. For illustration, say monthly fixed costs run $28,000 and quiet-month revenue brings in $19,000. That is a $9,000 monthly hole, and over a long quiet stretch it adds up to a figure larger than $25,000 before the next season starts. Working capital sized to the gap lets the firm hold onto trained people instead of letting them go and rehiring in January.
These are round, invented numbers for explanation. They are not Texas Biz Funding terms, rates or typical results.
Practices often carry receivables of their own. A client who files an extension may not pay until the return is done, and a small business client waiting on a refund or its own customers may settle late. If $30,000 of fees is sitting on unpaid invoices at the end of the busy period, that is revenue earned and cash not yet collected. A firm that wants to bridge the gap should say how much of its quiet-season shortfall is slow collections and how much is simply the calendar. It is also worth stating plainly whether any of the need is for something one-time, such as a software migration or an office move, since those are different from a payroll bridge.
Sole proprietors can apply, which includes independent preparers and solo CPAs. The application takes about five minutes and uses a soft credit pull.
Yes. Sole proprietors can apply for funding of $25,000 to $5,000,000.
That is a common use of working capital: carrying payroll and training costs ahead of fee income. Describe the timing on your application.
Slow-paying receivables are a normal reason to seek working capital. Tell us how your billing works.
May 15, or the next business day if it falls on a weekend or holiday, according to the Texas Comptroller. Your own deadlines may differ.
In as little as 24 hours after approval.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
