Tax preparation is a rewarding and fulfilling career choice for those who have a strong background in accounting or finance. It requires a thorough knowledge of tax legislation, which changes frequently, so staying up to date is essential. As a tax preparer, you are a highly trusted confidant for your clients, helping them manage their taxes and maximize their tax refunds. You can make the dreaded task of tax preparation an enjoyable experience by educating them about tax laws and simplifying the process.
Tax preparers must have a bachelor's degree, as well as additional credentials and licenses. The most competitive candidates also have significant work experience. Fortunately, you can improve your qualifications through continuing education opportunities and certifications. The EA designation from the IRS is the most important professional credential in the tax preparation industry.
Tax preparation offers flexible working hours and location, making it an ideal career path for most millennials. Tax preparers typically work in offices, although some set up cubicles in large stores and other public spaces during tax season to provide assistance to individual customers upon request. Basic accounting and tax preparation skills are something everyone should have, but few people bother to learn, making you a valuable asset to any employer. Under this order, tax return preparers covered by this program are not required to complete aptitude tests or obtain continuing education.
You may only use them to properly prepare your own tax returns or to help family and friends, or they may be useful to you in all your professional activities. This sounds complicated, but a tax preparer has a good understanding of this process and can simplify the entire process. You can take the tax preparer exam (TPE), as listed above, to prove your worth or establish yourself as an enrolled agent by taking the enrolled agent exam. In addition, experienced tax preparers examine tax forms made by beginning tax preparers to detect any discrepancies. By taking online tax preparation courses, you can earn your certificate in as little as 8 to 10 weeks, depending on your commitment to the process. Not all jobs can offer security, but tax preparation is something that almost everyone needs help with at some point, meaning tax preparation professionals will always be in high demand. Whenever you're anxious about a new challenge, tax preparation offers opportunities to find new interests and set new goals for your business.