Many people express an interest in becoming a tax preparer, and even start to search for the best and most appropriate CTEC 60 hour course online. Whenever we speak to them and ask them for their rationale, or motivation they tend to all, have very similar reasons.
They feel that taxes are compulsory, and so once qualified, they will always have a steady flow of customers. They believe that the financial rewards for being a tax preparer are bound to be good, which is further incentive. Finally, they like the fact that they can qualify by completing 60 hours of online study, rather than having to go to university for some years, which would be compulsory, should they want to be an accountant.
All of those reasons are to some degree correct, even commendable, and it is great to see people actively mapping out their future careers and actually putting some thought into the process. But when you ask them what a Tax preparer does on a daily basis, we are normally met with blank stares and a look of confusion. Before embarking on any career, or investing a sum of money to gain the necessary qualifications, it makes sense to perform your due diligence, and ensure that the type of work required suits your needs. It is all very well having a well-paid job, but if you detest coming to work every day of your life, the money will quickly become irrelevant, and your quality of life will suffer.
This Is A Job That Requires Attention To Detail And Involves Constantly Working With Numbers
A Tax preparer is a highly skilled occupation that relies on integrity, knowledge and financial acumen. When clients provide you with their financial documentation, they are placing their faith in your skill set to ensure they submit their returns correctly and on time.
As a tax preparer, your responsibilities will include calculating, filing and even signing income tax returns for and on behalf of your clients. Although there is no legal reason to hire a tax preparer, approximately 50 percent of Americans do, and one of the main reasons behind this high number is for the peace of mind that it brings. Whenever they choose a tax preparer, they are placing a significant amount of trust in that individual giving them access to all of their finances, even their social security number. A career as a tax preparer brings with it a lot of responsibility, so you need to consider that before moving forward.
Registration and Qualification
Because of the trust that is placed in the role, all tax preparers have to be registered with the Inland Revenue Service (IRS). They are also required to obtain a PTIN number ( Personal Tax Identification Number) which must be included on every return that they submit.
If I Pass The Ctec 60 Hour Course What Type Of Client Would I Deal With?
The great news is that if you live in California and have completed the California tax preparer qualification, then you can deal with the vast majority of the cases. That is because those will inevitably be the simple, straightforward matters, such as families and individuals with relatively simple financial returns. Individuals with more complicated financial matters or large corporations will inevitably employ the services of a qualified accountant.
Why Should I consider The Ctec 60 Hour Online Course?
Perhaps you have always been good with numbers and are looking for a second part-time job, or maybe you would like to stick your toe in the water and see if a career in finance would be suited to you. If that is the case, then ctec certification could be the perfect solution. You do not have to invest huge sums of money or time, to qualify, you will have access to virtually unlimited customers, and you will be your own boss.
Should you enjoy the process, and wish to make a career out of accountancy in the future, then you will have a basic understanding of the tax system, which will no doubt stand you in good stead should you decide to study to become an accountant.