MyTaxFiler franchise: cost, fees and total investment
Short answer: The MyTaxFiler franchise fee is $25,000 to $35,000 and the total initial investment ranges from $42,250 to $78,000, with about $10,000 in liquid cash required, based on franchise disclosure data compiled in October 2026. Confirm current figures in Items 5 and 7 of the MyTaxFiler FDD.
What are the MyTaxFiler franchise fees and investment?
The MyTaxFiler franchise requires a franchise fee of $25,000 to $35,000 and a total initial investment of $42,250 to $78,000. The franchise fee is one line inside the total investment, which also covers location, equipment, opening inventory and working capital.
| Franchise fee (FDD Item 5) | $25,000 to $35,000 |
|---|---|
| Total initial investment (FDD Item 7) | $42,250 to $78,000 |
| Minimum liquid cash | $10,000 |
| US locations | 19 |
| Industry | Business Services (Accounting & Insurance) |
| Headquarters | Plano, Texas |
| Founded | 2017 |
| Franchising since | 2017 |
How does the MyTaxFiler investment compare with other business services franchises?
MyTaxFiler's minimum investment of $42,250 is at or below the median minimum investment of $67,093 across the 220 business services franchises in the SelectFranchiseList database. 161 of the other 219 brands in this industry start at a higher investment. Its franchise fee starting at $25,000 compares with an industry median of $35,000.
By minimum investment, MyTaxFiler belongs with franchises under $50,000.
What should you verify in the MyTaxFiler FDD?
Verify six parts of the MyTaxFiler Franchise Disclosure Document before you sign, because figures change with every annual FDD:
- Item 5 and Item 6: the current franchise fee, royalty, marketing fund and technology fees.
- Item 7: the full investment range by expense line, including working capital.
- Item 19: whether MyTaxFiler discloses financial performance data, and which units it covers.
- Item 20: openings, closures and transfers, plus contacts for current and former franchisees.
- Item 21: the franchisor's audited financial statements.
- Item 12: whether your territory is protected.
The full list of Items is in the FDD guide. You must receive the FDD at least 14 calendar days before you sign a binding agreement or pay any money.
Which franchises are similar to MyTaxFiler?
These business services franchises have the closest minimum investment to MyTaxFiler:
| Franchise | Franchise fee | Total investment |
|---|---|---|
| The File Depot | $12,500 to $45,000 | $42,150 to $116,550 |
| Tradebank | $30,000 | $41,765 to $54,380 |
| TownePost Network | $35,000 | $41,175 to $59,043 |
| Siempretax | $25,000 to $40,000 | $43,700 to $71,900 |
| Management Recruiters International | $40,000 | $44,050 to $96,090 |
See every brand in business services franchises.
Frequently asked questions
How much does a MyTaxFiler franchise cost?
The total initial investment for a MyTaxFiler franchise ranges from $42,250 to $78,000, including a franchise fee of $25,000 to $35,000, according to franchise disclosure data compiled in October 2026. The exact amount depends on location, build-out and working capital, as shown in Item 7 of the FDD.
How much cash do you need to open a MyTaxFiler franchise?
MyTaxFiler lists a minimum of about $10,000 in liquid cash. Lenders usually finance part of the remaining investment, and the franchisor confirms its capital requirements during qualification.
How many MyTaxFiler locations are there?
MyTaxFiler reported 19 US locations in the data compiled in October 2026. Item 20 of the FDD shows openings, closures and transfers for the last three years.
How long has MyTaxFiler been franchising?
MyTaxFiler started offering franchises in 2017 after the company was founded in 2017.
Figures are compiled from franchise disclosure data and public franchise listings as of October 2026 and may have changed. MyTaxFiler and its trademarks belong to their owner; SelectFranchiseList is not affiliated with or endorsed by MyTaxFiler. This page is not an offer to sell a franchise. Only the franchisor's current FDD is authoritative.