The Income Tax School, Inc.

The Income Tax School, Inc. offers IRS-approved educational courses for tax professionals, supporting aspiring tax preparers and seasoned practitioners in enhancing their skills through online learning. Founded in 1989 and headquartered in Glen Allen, US, The Income Tax School, Inc. specializes in tax education.

Chuck McCabe, the founder, continues to lead the company as CEO. The company was acquired by KnowFully Learning Group in December 2020, although financial terms were not disclosed. The Income Tax School specializes in IRS-approved courses aimed at tax professionals at all levels. It offers comprehensive tax education that swiftly prepares new tax preparers and provides continuing education (CE) courses for CPAs, CMAs, and EAs.

These courses are available online, accommodating users’ schedules, and serve clients across the United States and select international locations. The Income Tax School generates revenue primarily through course enrollments and subscriptions. Clients can register for individual courses or comprehensive packages, including multiple courses and continuing education credits. Its educational offerings cater to both B2B and direct-to-consumer markets, allowing firms to train several employees simultaneously while offering individual tax professionals the flexibility to choose courses suited to their needs.

The company aims to expand its product offerings and target new markets for growth. Specific details about upcoming products and their launch dates are yet to be disclosed. The recent acquisition by KnowFully Learning Group in December 2020 may provide additional resources for these initiatives. The expansion strategy will likely focus on increasing accessibility to its online courses globally, although specific geographic targets and timelines have not been announced.