Tax preparer vs licensed tax consultant

Differences between tax preparer and licensed tax consultant duties and responsibilities

Tax preparer example responsibilities.

• Verify data input and totals on forms prepare by others to detect errors in math, data entry, or procedures.
• Follow IRS's guidelines in accurately preparing taxes and complete entries on forms, following tax form instructions and tax tables.
• Prepare a wide range of tax returns, help prepare subscription agreements, and help small start-up companies comply with GAAP.
• Perform monthly bank statement reconciliations and create monthly financial statements.
• Assist outside real property tax appeal providers by providing information necessary for filing appeals.
• Create engaging Microsoft PowerPoint sides about associate trading arrangements with transfer pricing policy for upcoming speeches for the group director.
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Licensed tax consultant example responsibilities.

• Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
• Review FSAR changes relate to 10 CFR 50.59 requirements.
• Perform property inspections of commercial properties and create inspection reports illustrating the physical characteristics of say properties for assessment appeals purposes.
• Gain knowledge of accounting principals, taxation policies and income tax procedures.
• Perform monthly accounting for various entities including partnerships, s-corporations, trusts and foundations