Clients already bring their tax questions to their wealth advisor. Most advisors answer what they can, then send the client somewhere else to get the return prepared. White label tax services close that gap: your firm offers tax preparation under its own brand, without building a tax department.
What are white label tax services?
White label tax services are tax preparation and review delivered under your firm's name. Your clients work with your brand. The preparation, review, and capacity behind it are handled for you, so your team can stay focused on the client relationship and planning.
Why RIAs and wealth advisors add tax
- A more complete client experience. Tax becomes part of the financial picture you already manage, instead of a separate relationship clients maintain elsewhere.
- A new recurring revenue stream. Most clients need a return every year. That demand already exists in your book.
- Better planning context. Seeing each client's return gives you a clearer view of income, deductions, and opportunities, which makes planning conversations more informed.
- Client retention. Every outside referral is another relationship competing for your client's trust. Keeping tax in-house keeps the relationship with you.
What gets prepared
A white label program can cover the returns your clients typically need:
- Individual returns (Form 1040)
- S corporation returns (Form 1120-S)
- C corporation returns (Form 1120)
- Partnership returns (Form 1065)
That covers most households and the business owners in a typical advisory book.
How it works
Your firm leads the client relationship, the branded tax offering, and client communication. FirmKey delivers the service behind it: tax preparation and review, capacity aligned with your agreed volume, white label service design and pricing, and billing coordination with ongoing support.
What to look for in a white label tax program
- Quality control. Returns should be prepared and reviewed to a consistent standard, with a clear review process before anything reaches your client.
- Clear workflows. Defined handoffs for documents, questions, and deadlines prevent delays during peak season.
- Data security. Client tax data must be handled to regulatory standards.
- Capacity that scales. Your program should handle growth in volume without breaking turnaround times.
- Credentials. Preparers should hold active CPA or Enrolled Agent credentials and current PTINs.
Is it right for your firm?
White label tax works whether you are introducing tax preparation for the first time, supplementing an existing tax operation, or building capacity for growth. The common thread: your clients already need the service, and you want to be the one providing it.
See how white label tax works with FirmKey or talk to us about your practice.