Have you been considering a new career in tax preparation? Many people reach way into adulthood and still have no idea what they want to do professionally. Some people want fame and fortune, while others would rather live quietly in success doing a job they love. The truth is that by taking a more practical approach to career planning, anyone can live their professional dream.
There are two things to take into account when choosing a career path. The first being what are you good at? And second, what do you enjoy doing? If you can pinpoint both answers, you’ve already won half the battle.
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Why Should I Start A Career in Tax Preparation?
There are many reasons to consider a career in tax preparation. Not only does it offer stability and job flexibility, but there is also so much earning potential. If you’re good at math, are organized, pay attention to details, and enjoy working with clients and helping them save money, exploring a career in the tax industry could be just what the doctor ordered.
Need more convincing? Here are seven solid advantages to beginning a career in tax preparation.
1: Gainful Employment
First, a job that pays well is always at the top of the list.
Money may or may not make the world go around, but it can certainly keep us warm, provide us with food, keep us comfortable, and bring us all kinds of life experiences. As a professional tax preparer, you can earn the kind of money that allows you to live comfortably for the rest of your life.
Like doctors, tax preparation professionals will always be in demand. Due to the frequent revisions to tax laws, most of us simply lack the time, energy, or desire to learn how to prepare our own income tax returns.
As a result, tax preparers who are reputable and dependable are always going to have a job. Naturally, you will be busier at certain times of the year, like when annual income tax returns are due in April. However, you can also work for businesses, keep books, and file quarterly estimated taxes to help maintain a steady workload throughout the year.
2: It Offers Job Security
If recessions have taught us anything, it’s how important it is to have a job that stays the same. Because tax preparation is something that nearly everyone requires assistance with at some point, it’s a professional that offers profound job security.
The majority of people have better things to do with their time than learn the ins and outs of taxes. They’re content to entrust it to professionals like you because you have the expertise to assist them in reducing their debt and, in some cases, even recouping their money.
3: Possibilities for Flexible Work Schedules
Versatility is a significant advantage of becoming a tax preparer. When it comes to setting your schedule, you have a lot of choices. You could, for instance, work full-time for a tax preparation company or simply work from home for yourself.
You can take on customers only during the busiest tax season or keep business contracts throughout the year, and you can choose how many customers you want to serve. You can work full-time, part-time, seasonally, virtually, or as a side income from another job—the tax world is truly your oyster!
You can schedule appointments with clients during times that work for you, whether you prefer working days, evenings, or weekends. This lets you make time for other commitments like work, school, or family. How many other high-paying jobs offer that kind of flexibility?
4: You Can Learn Online
To obtain a certificate in tax preparation, all you need to do is enroll in online courses offered by a licensed and reputable tax school with expert instructors and support staff. This is an ideal learning environment that allows you to avoid a costly and time-consuming commute and gives you more control over your learning schedule.
The option to study and earn your certificate in tax preparation from home or on the go is especially appealing if you are already obligated to another job, are raising a family, or just looking for a convenient and adaptable educational opportunity.
5: Get Your Certificate Quickly and Start Working
If you take online tax preparation classes, you can get your certificate in as little as eight to ten weeks, depending on how committed you are to the process. This indicates that you could start working in just a few months, begin earning a living, and establish your professional reputation in no time at all.
Even though many people who work as bookkeepers, accountants, or lawyers are interested in earning tax prep certification, you don’t need any prior experience to start taking online tax courses. Sign up, finish your coursework, and you’ll get your certificate in a few short weeks.
The things you learn will last a lifetime, making it one of the biggest perks of beginning a career in the tax industry. You might decide to make tax preparation your life’s work because you really enjoy it. Or you might think of it as a way to advance in your entrepreneurial career.
Whatever you choose to do, tax knowledge and experience are valued highly by many businesses and could afford you a major advantage when applying for future positions—even those that aren’t related to tax preparation.
Sure, in a perfect world everyone would have a basic understanding of accounting and tax preparation; but since that’s not the case, having that expertise makes you a valuable asset to any employer.
7: Personal Fulfillment
Life is expensive, and so it’s not surprising that the majority of adults value money more than job satisfaction. With time though, you will eventually realize that money is not everything. And if you work long enough, you’ll discover that the sense of fulfillment you get from your job is worth its weight in gold.
As a tax prep business professional, you’ll experience a sense of personal fulfillment that you may not get from working in other remedial jobs. When you’re able to reconcile all of the numbers, assist clients in saving money, or increase their tax refunds, that gives you a feeling of personal importance that simply can’t be matched.
Start A Career in Tax Preparation Today
Whether it’s a brick-and-mortar location or a virtual tax preparation business, the options for beginning a career in the tax industry are limitless. And, if you’re ready to put in the work, anything is possible.
So, what are you waiting for? I’ve mastered the tax game and I’m ready to help you do the same. Contact the Annetta Powell team today to get started.
Want to take it a step further? Cover ALL your bases. Read my step-by-step guide: How To Create A Tax Preparation Business Plan.
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