Becoming an income tax preparer requires strong math and interpersonal skills, and can be achieved through free or low-cost courses offered by tax companies and schools. Volunteering and preparing personal taxes can also provide experience. Obtaining a state license and federal tax identification number may be necessary for starting a business.
Each year, individuals and businesses alike turn to the services of income tax preparers to help with the processing of income tax returns. Income tax preparation is perfect for anyone with strong math skills, interpersonal skills, and the ability to manage multiple tasks while working with people. If you are considering working in a tax or accounting firm and want to become an income tax preparer, there are many opportunities to gain the training and skills to find opportunities in this profession.
To become an income tax preparer, you can start by taking a free or low-cost income tax preparation course. Courses that teach income tax preparation are offered by leading income tax companies and schools locally and on the Internet. Start looking for listings for tax preparation courses in late fall, several months before the annual tax season begins, for the best opportunities.
After taking an in-depth course and understanding the basics of income tax preparation, you can become an income tax preparer. It is not necessary to have a college degree in accounting to become employed, although it can help in the long run. Many income tax preparation companies offer courses that will lead to entry-level jobs once the income tax preparation course has been successfully completed and meets the standards.
In almost every community, there are nonprofit organizations that provide free or low-cost tax preparation services to low-income and disabled residents. You can volunteer with an agency in your hometown and start working as a tax preparer in your spare time. This will provide additional experience and credibility as a tax preparation specialist and is a valuable way to give back to your community.
Another way to become a tax preparer is to prepare your own taxes for a few seasons. Once you’re sure you can prepare your taxes, whether it’s for personal or business purposes, you’ll be able to process them for others in your network. To protect yourself, get an official tax identification number and offer to process taxes for family and friends using tax preparation software.
If you decide to become a full-time income tax preparer for your own tax preparation business, you will be required to take a state licensing exam and obtain an official federal tax identification number from the Internal Revenue Service (IRS). It may be a good idea for you to also take financial and tax courses through a university program or tax school. You may also choose to pursue a certification in accounting or a degree in finance to excel in your new career.
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