If you are clueless about filing your income tax returns, you need the services of a tax preparer. And let's face it: most of us fall into this category. The U.S. tax code proves to be so confusing that over 80% of taxpayers give up on managing alone, including the head of the IRS.
As a tax preparer, you need to know your way around taxing legislation and regulations because if you do not, it will come back and bite you, you know where, fairly soon. This is not the kind of thing you would want to be bluffing with.
And even if your work is spotless, your client might still forget to sign the documents before submitting them, which is what happens to over a million taxpayers, nationwide, every year. So if you decide to be a tax preparer, rest assured, people who master this profession will never have to look hard for clients.
There is more than meets the eye when it comes to being a tax preparer. For example, did you know that they make an average of $19.28 an hour? That's $40,094 a year!
When it comes to the most important skills required to be a tax preparer, we found that a lot of resumes listed 25.1% of tax preparers included customer service, while 16.4% of resumes included new clients, and 14.3% of resumes included tax returns. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the tax preparer job title. But what industry to start with? Most tax preparers actually find jobs in the professional and finance industries.
If you're interested in becoming a tax preparer, one of the first things to consider is how much education you need. We've determined that 46.2% of tax preparers have a bachelor's degree. In terms of higher education levels, we found that 8.4% of tax preparers have master's degrees. Even though most tax preparers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a tax preparer. When we researched the most common majors for a tax preparer, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on tax preparer resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a tax preparer. In fact, many tax preparer jobs require experience in a role such as cashier. Meanwhile, many tax preparers also have previous career experience in roles such as customer service representative or administrative assistant.