541213 Tax Preparation Services

Official definition

This U.S. industry comprises establishments (except offices of CPAs) engaged in providing tax return preparation services without also providing accounting, bookkeeping, billing, or payroll processing services. Basic knowledge of tax law and filing requirements is required.

Source: US Census Bureau, 2022 NAICS descriptions.

When to use a different code

Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:

• Establishments of CPAs are classified in U.S. Industry 541211, Offices of Certified Public Accountants.
• Establishments of non-CPAs providing payroll processing services along with tax return preparation services are classified in U.S. Industry 541214, Payroll Services.
• Establishments of non-CPAs providing accounting, bookkeeping, or billing services along with tax return preparation services are classified in U.S. Industry 541219, Other Accounting Services.
• Establishments primarily engaged in processing financial transactions (except central bank) are classified in Industry 522320, Financial Transactions Processing, Reserve, and Clearinghouse Activities.
• Establishments primarily engaged in providing data processing services (except payroll processing services and financial transaction processing services) at their own facility for others are classified in Industry 518210, Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services.

Source: US Census Bureau, 2022 NAICS cross-references.

Businesses that use this code

• Accounting firm
• Tax preparation business

Activities listed under 541213

The Census index assigns these 3 activities to this code. If your business matches one, this is your code.

• Income tax compilation services
• Income tax return preparation services
• Tax return preparation services

Source: US Census Bureau, 2022 NAICS index file.

SBA size standard for 541213

To count as a small business for SBA loans and federal contracts under NAICS 541213, your business (including affiliates) must not exceed $25 million in average annual receipts. Check your business.

Source: SBA table of size standards, effective March 17, 2023.

Closest UK SIC 2007 codes

There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 6920), so treat them as a starting point and check the definition.

• 69201Accounting and auditing activitiesUK SIC
• 69202Bookkeeping activitiesUK SIC
• 69203Tax consultancyUK SIC

Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.

Similar codes to compare

• 541211Offices of Certified Public Accountants
• 541214Payroll Services
• 541219Other Accounting Services