Job Descriptions and Careers, Career and Job Opportunities, Career Search, and Career Choices and Profiles » Accounting & Finance

Tax Preparer Job Description, Career as a Tax Preparer, Salary, Employment - Definition and Nature of the Work, Education and Training Requirements, Getting the Job

preparers clients preparation returns

Education and Training: High school plus training

Salary: Median—$32,000 per year

Employment Outlook: Good

Definition and Nature of the Work

Tax preparers work for independent or franchised tax preparation services and sometimes for lawyers or accountants involved in tax work. They use their knowledge of federal, state, and local tax codes and publications to prepare tax returns and make sure that their clients do not pay unnecessary taxes. Tax preparers usually specialize in preparing tax returns for individuals rather than for businesses or corporations.

Tax laws are subject to frequent change and vary from one area to another. For example, some states have community property laws that affect the taxes owed by married couples who file joint returns. Tax preparers must be aware of all the provisions and annual changes in the tax laws to advise their clients competently.

Tax preparers use their knowledge of federal, state, and local tax codes and duplications to prepare tax returns and make sure that their clients do not pay unnecessary taxes. (Tim Boyle/Getty Images News/Getty Images.)

Tax preparers work intensively from January to April, which is considered the tax season. Evening and weekend work is required during this period to complete the workload. Because work tapers off after April 15, the annual deadline for submission of tax returns, few workers are employed full time as tax preparers for the entire year. Many work at other occupations during the remaining months or moonlight as tax preparers during tax season.

If the Internal Revenue Service (IRS) or the courts have reason to question the legitimacy of an individual's tax return, the tax preparer may testify about the preparation of the tax return. Tax preparers who have taken a special examination given by the IRS may represent their firm's clients before the IRS during a tax audit.

Tax preparation involves considerable research and attention to detail, so an ability to read quickly and thoroughly is essential. In addition, tax preparers must have an aptitude for working with figures and mathematical formulas. Because tax preparation firms use computers to complete clients' tax returns, familiarity with computer technology is also helpful.

Education and Training Requirements

Applicants must have a high school diploma as well as a thorough knowledge of tax laws and proficiency in math and computer applications. Many tax preparers have college training. Courses in accounting and business math provide useful preparation. Because tax laws are revised every year, preparers must continue their professional education. The National Association of Tax Practitioners offers continuing education classes yearly.

Getting the Job

The best way to get a job as a tax preparer is to apply directly to tax preparation services. Classified ads in local newspapers and ads on the Internet may also offer job leads.

Advancement Possibilities and Employment Outlook

Tax preparers can advance by taking the IRS-sponsored Special Enrollment Examination. Passing this exam enables tax preparers to represent their clients formally before the IRS during tax investigations or audits. Some experienced tax preparers open their own tax preparation services.

According to the U.S. Bureau of Labor Statistics, eighty-six thousand tax preparers were employed in the United States in 2004. Employment of tax preparers was expected to grow about as fast as the average for all occupations through the year 2014. These workers will be in demand as individuals continue to seek outside help in preparing their tax returns.

Working Conditions

Tax preparers usually work in the office of their firm. They may travel to meet with their clients or to visit libraries or government offices. Beginners usually work under the close supervision of an experienced tax preparer. After gaining experience, they work independently.

Tax preparers must be able to work rapidly, accurately, and under pressure, because they must often meet tight deadlines. They should enjoy working with the public, because an important aspect of their work involves face-to-face consultations with clients.

Where to Go for More Information

National Association of Tax Professionals
720 Association Dr.
PO Box 8002
Appleton, WI 54912-8002
(800) 558-3402
http://www.natptax.com

Earnings and Benefits

Tax preparers can work on a commission basis. Their commission is usually a percentage of the fee charged to the client and depends on the preparer's experience and the complexity of the tax return. In their November 2004 Occupational Employment Statistics survey, the Bureau of Labor Statistics reported that the median annual salary for tax preparers in 2004 was $32,000. Because tax preparers generally are hired for only part of the year, few tax preparation firms offer benefits to their workers.

[back] Tax Examiners, Collectors, and Revenue Agents Job Description, Career as a Tax Examiners, Collectors, and Revenue Agents, Salary, Employment - Definition and Nature of the Work, Education and Training Requirements, Getting the Job

User Comments

Your email address will be altered so spam harvesting bots can't read it easily.
Hide my email completely instead?

Cancel or

Vote down Vote up

about 8 years ago

I am researching jobs for a boring class, you guys saved my life.

Vote down Vote up

over 8 years ago

As I will start taking the tax courses in a month, I wanted to get more information about what my job description will be and this site basically summarize everything. Furthermore, I got what I was looking for.

Vote down Vote up

13 days ago

BEST AVAILABLE WAY TO FINANCEIAL FREEDOM {upstoxfunding@yahoo.com}
Are you looking for financial freedom? Are you in debt, you need a loan to start a new business? Or you collapse financially, do you need a loan to buy a car or a house? Have you ever been rejected by your bank in ever finance? You want to improve your financial? You need a loan to pay off your bills pay off? No more looking, we welcome you for an opportunity to get all types of loans at a very affordable 3% interest rate for others. For information, contact us now by email at: {upstoxfunding@yahoo.com}

Do you have a bad credit? Do you need money to pay bills? Is it necessary to start a new business? Do you have an unfinished project due to poor funding? Do you need money to invest in any specialty that will benefit you? And you do not know what to do. We offer the following loans;both Personal loans [secure and unsecured], Business loans [secure and unsecured] ,combination loans ,Student loans,Consolidation loans and so many others.

Company name: UPSTOX FUNDING
Company Email: upstoxfunding@yahoo.com
Text/Call :(302) 273-5794

Vote down Vote up

about 1 month ago

FINANCIAL BREAKTHROUGH

Life indeed is GRACE, I'am Daan Sophia currently in California USA. I would like to share my experience with you guys on how I got a loan of $185,000.00 USD to clear my bank draft and start up a new business. It all started when i lost my home and belongings due to the bank draft I took to offset some bills and some personal needs. I became so desperate and began to seek for funds at all means. Luckily for me I heard a colleague of mine talking about this company, I got interested although i was scared of being scammed, I was compelled by my situation and had no choice than to seek advise from my friend regarding this very company and was given their contact number, getting intouch with them really made me skeptical due to my past experience with online lenders, little did i know this very Company "PROGRESSIVE LOAN INC. was a godsent to me and my family and the entire Internet World, this company has been of great help to me and some of my colleague and today am a proud owner of well organized business and responsibilities are well handled all thanks to Josef Lewis of (progresiveloan@yahoo.com).. So if really you are genuinely in need of a loan either to expand or start up your own business or in any form of financial difficulty, i advise you give Mr Josef Lewis of Progressive loan the opportunity of financial upliftment in your life Email: progresiveloan@yahoo.com OR Call/Text +1(603) 786-7565 and not fall victim of online scam in the name of getting a loan. thanks


Vote down Vote up

about 1 month ago

Do you need a financial help? Are you in any financial crisis or do you need funds to start up your own business? Do you need funds to settle your debt or pay off your bills or start a good business? Do you have a low credit score and you are finding it hard to obtain capital services from local banks and other financial institutes? Here is your chance to obtain a financial services from our company. We offer the following finance to individuals-
*Commercial finance
*Personal finance
*Business finance
*Construction finance
*Business finance And many More:
and many more at 3% interest rate;
Contact Us Via Email: (trivagofinancialhome.in@gmail.com) call/WhatsApp us +1(315)615-2883 for more info.

Vote down Vote up

3 months ago

Do you need Finance? Are you looking for Finance? Are you looking for funds to enlarge your business? We help individuals and companies to obtain funds for business expanding and to setup a new business ranging any amount. Get a funds at affordable interest rate of 3%, Do you need this cash/funds for business and to clear your bills? Then send us an email now for more information contact us now via Email:maxcreditfinance@gmail.com

Vote down Vote up

3 months ago

Do you need a financial help? Are you in any financial crisis or do you need funds to start up your own business? Do you need funds to settle your debt or pay off your bills or start a good business? Do you have a low credit score and you are finding it hard to obtain capital services from local banks and other financial institutes? Here is your chance to obtain a financial services from our company. We offer the following finance to individuals-
*Commercial finance
*Personal finance
*Business finance
*Construction finance
*Business finance And many More:
and many more at 2% interest rate;
Contact Us Via Email:ibrahimfunds5@gmail.com oOr Whatsapp me on +919818473167

Vote down Vote up

3 months ago




I am a private loan lender which have all take to be a genuine lender i give out the best loan to my client at a very convenient rate.The interest rate of this loan is 3%.i give out loan to public and private individuals.the maximum amount i give out in this loan is $1,000,000.00 USD why the minimum amount i give out is 5000.for more information contact us email honestloan10@gmail.com
Your Full Details:
Full Name :………
Country :………….
state:………….
Sex :………….
Address............
Tel :………….
Occupation :……..
Amount Required :…………
Purpose of the Loan :……..
Loan Duration :…………
Phone Number :………
Contact email:honestloan10@gmail.com
Website.http://k7leai867.ulcraft.com/
Whats app
+919971369537

Vote down Vote up

3 months ago

Hello:
Need urgent loan to solve your financial needs, we offer reliable loan at an interest rate applicable to all loans is (3%), if you are interested contact us via (fasterloanservice@gmail.com) with the information below
Your full name: _____
Country: _____
City: _____
Address: _____
Amount Needed: _____
duration: _____
Loan Purpose: _____
Monthly income: _____
Age: _____
Sex: _____
Occupation: _____
Telephone number: _____
Thanks.
Mr Frank Rogers Website.http://k7leai867.ulcraft.com/
Whats app +919971369537

Vote down Vote up

4 months ago

Are you looking for a Loan to enlarge your business? Do you need loan to pay off your debt and start a new life? You have come to the right place were we offer Loans at a very low interest rate of 3%. Interested people/company should please contact us for more information contact us now email maxcreditfinance@googlemail.com

Vote down Vote up

4 months ago

Do you need Finance? Are you looking for Finance? Are you looking for funds to enlarge your business? We help individuals and companies to obtain funds for business expanding and to setup a new business ranging any amount. Get a funds at affordable interest rate of 3%, Do you need this cash/funds for business and to clear your bills? Then send us an email now for more information contact us now via Email:maxcreditfinance@gmail.com

Vote down Vote up

4 months ago

Do you need Finance?
Are you looking for Finance?
Are you looking for a money to enlarge your business?
We help individuals and companies to obtain loan for business
expanding and to setup a new business ranging any amount. Get a loan at affordable interest rate of 3%, Do you need this cash/loan for business and to clear your bills? Then send us an email now for more information contact us now via Email:maxcreditfinance@googlemail.com

Vote down Vote up

5 months ago

Do you need a financial help? Are you in any financial crisis or do you need funds to start up your own business? Do you need funds to settle your debt or pay off your bills or start a good business? Do you have a low credit score and you are finding it hard to obtain capital services from local banks and other financial institutes? Here is your chance to obtain a financial services from our company. We offer the following finance to individuals-
*Commercial finance
*Personal finance
*Business finance
*Construction finance
*Business finance And many More:
and many more at 2% interest rate;
Contact Us Via Email:bullsindia187@gmail.com

Vote down Vote up

9 months ago

We offer a genuine money to people who are sincerely and honestly in need of some money for some personal and business purposes.
We are glad to be able to fulfill your dreams in offering you the exact amount of money you need at a low interest rate of any amount.
Our money is secured and safe and it will be delivered into your bank account within shortest period of application.
contact us now with your interest Email: royalworldfundings@gmail.com