Few things strike as much fear into the hearts of American citizens as the thought of taxes and dealing with the IRS. They dislike it so much that they hire people to help them prepare their taxes year after year. If you’re handy with numbers and are well-versed in the tax code, you might be thinking about how you can help the tax-averse.
Did you know that you can actually become a tax preparer online? It’s true! Read on to learn everything you need to know about this important tool for your future tax career.
Are There Any Qualifications?
If you think that preparing taxes sounds like a good career fit for you, then the first thing you need to know is what the qualifications are.
The IRS does not require tax preparers to have any specific level of education in order to practice. That said, it is not a bad idea to pursue an undergraduate degree in a program like accounting before becoming a professional. If your plan is to work for a company that specializes in tax prep, then they may have degree requirements.
Go through job listings to learn what kind of education is required for the companies you’d like to work with.
Education Is Key
Apart from a college education, you’re also going to want to complete online classes to become a tax preparer. These courses will help you understand the ins and outs of the tax code and prepare you to hit the ground running. If you’ve taken courses in the past, it’s never a bad idea to engage in continuing education to make sure you’re up to date on the ever-changing tax code.
There are numerous online courses in which you can enroll. For example, one of Universal Accounting School’s programs is a great place to start.
Do I Need a License?
The IRS does not require you to have a license, but you will need to pass a suitability check and have the IRS issue you a PTIN. If you would like to be qualified to e-file taxes for your clients, then you will also need an EFIN from the IRS.
Some states will require that you have a license or a particular certification in order to prepare taxes. These states include California, Illinois, and New York, to name a few. Make sure to verify your state’s requirements before preparing taxes on anyone’s behalf.
Are You Ready to Become a Tax Preparer Online?
If you’re used to traditional brick-and-mortar school environments, then you might be surprised to learn that you can become a tax preparer online. Taking a little time on the front end to ensure you have the proper training and certifications necessary to prepare taxes in your state will set you up for a lucrative career. Get started on your career path today!
Interested in learning more great ways to set yourself up for a happy and fulfilling career? You’ve come to the right place. Check out the rest of our blogs for tons of great information to help you get started!