The Ultimate Guide to Accountants

How to become a Tax Preparer Professional

In this article, you will learn on how to become a tax preparer. You will learn about the education requirements, training and the experience needed to start a career as a tax preparer.

Tax Preparers

A tax preparer will do the calculation and fills out corporate, individual, partnership as well as other income tax returns through the use of a computer software. They also may interview clients, explain the procedures, do research and implements bookkeeping and other duties that are related on their position. Tax preparers have some of their work stressful because the deadline of the returns are approaching and spends more time sitting. It is essential that they also are familiar with various tax preparation software programs.

Most tax preparers just have a high school diploma or GED and they will get on-the-job training. However, there are some positions where it requires a bachelor’s degree in accounting, business or perhaps in any finance related field.

Acquire Formal Education

A tax preparer should first complete a formal education so they will qualify for a license and for employment as well. There are a lot of tax preparation companies that are offering with tax preparation training programs that are meant to teach students with how they could conduct interviews with clients, prepare on the taxes and to also advise the clients for an effective tax paying strategy. There’s also the need for a bachelor’s degree in business or finance in order to expand more the opportunities of employment and in order to help provide future tax preparers the knowledge about tax laws and the regulations. Some employers however prefers applicants having a degree.

License Process

There are some states which actually requires a tax preparer in getting a license before providing service towards the public. Though the criteria can be by state, most common requirements for certification or for license would include the case of meeting minimum education hours and to also pass the written exams. Applicants actually could meet the education requirements through taking basic tax courses that’s provided by employers. But to some cases, degree in accounting can account on the education requirement. All tax preparers has to be registered with the federal government. The requirement would include getting a preparer tax identification number or PTIN and pass a competency and compliance check and to get a registered tax return preparer certificate (RTRP). The certificate has to be renewed annually.

Trained and licensed tax preparer could find employment at a tax preparation company. There are some employers that however needs the candidate to have two years of experience first with a bachelor’s degree before they could advance on their position with higher salaries.

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