Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

What Do Tax Professionals Do?

Job Descriptions September 25, 2013

Tax professional is a rather general term that can refer to several career paths within tax and accounting. Tax preparer seems to be a common subfield of tax professionals, and this job of preparing tax returns (dealing with receipts, invoices and accounts receivable) will certainly be different from the job of a tax advisor or a tax agent. A tax professional seems to indicate general tax preparer, since no special training or knowledge is indicated.

Responsibilities of Tax Professionals

You would not only be preparing tax returns but also dealing with other documents of correspondence. In addition to these basic practices, you might be called on to answer tax questions, submit forms, and submit payments on behalf of clients. You might also be given the responsibility of recording tasks, communicating with certain tax offices or agencies, and perhaps in some not too common cases, offering legal representation for your clients.

Most cases will involve you to figuring out the total of what a person has made and what he or she owes, as well as any liabilities or technicalities that must be reported. You must keep accurate and clean records and also on occasion create financial strategies to improve the client’s financial status. You seek to optimize their handling of tax money, not to mention finding ways to help them pay less in taxes through legal means and incentives.

Besides communicating with government agencies, on behalf of a client, a tax preparer might also help the client understand his or her rights. This might indicate a greater knowledge required to break into this field, when compared to bookkeeping or another entry-level job. Sometimes tax professionals can serve as lawyers since he will be handling legal issues for the client or the represented company.

Working with modern business will require you to learn software quickly, so reviewing tax preparation software, while in training, is ideal. Most tax returns will be filed online. You may work with a bookkeeping program like QuickBooks or perhaps tax-specialty software such as Turbo Tax or TaxCut.

The competition is formidable, considering that CPAs will often prepare tax returns for their clients. Therefore, seeking CPA certification might be a good idea, as well as seeking a job in a medium-sized firm. Senior firm workers will usually handle tax planning and other complex issues, leaving new employees to prepare taxes and file forms.

Educational Requirements and Suggestions

Because the scope of this job can be large or small, a college degree is not always a requirement. However, it is recommended that you pursue a bachelor’s degree or better since clients will need some proof of education or experience. You will surely need to understand federal and state tax law, as well as code, common tax problems, and have the ability to problem-solve on behalf of your clients. This might suggest additional training in law.

A tax preparer course can help you in this regard, but don’t assume a minimum education is all that it takes. In fact, it is necessary to continue education, since many new tax laws come into effect every fiscal year.

This is a career path that can pay well and provide a level of independence while you work. Why not look into college opportunities for a better paying job?

Searching Searching ...

Matching School Ads
3 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
3 Program(s) Found
  • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
  • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
  • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
  • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
  • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
  • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Online Bachelor's programs include BBA, Criminal Justice, Psychology, IT, Healthcare Management & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
  • Provide a range of campus experiences and services online including advising, tutoring, student community, and career services
  • Give students and alumni access to career assistants who help with resumes, cover letters, job hunting, and more.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits

Searching Searching ...

Matching School Ads
3 Program(s) Found
  • Ready to earn your business degree? If you identify with at least one of the statements below, GCU could be a good fit for you!
  • I have worked in the business field for a number of years and want to further my education in order to qualify for promotions, leadership positions, and salary increases.
  • I am graduating from high school and am interested in pursuing a career in a business field, but I first need the skills experience.
  • I am interested in a Bachelor's, Master's or Doctoral degree in my specialized business area of focus.
  • I want flexible course offerings, such as the option of 100% online, evening or campus classes.
  • I need a university that provides quality educational offerings through academic excellence and real-world relevance. Does this sound like you? Apply today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
2 Program(s) Found
  • Online Bachelor's programs include BBA, Criminal Justice, Psychology, IT, Healthcare Management & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
  • Provide a range of campus experiences and services online including advising, tutoring, student community, and career services
  • Give students and alumni access to career assistants who help with resumes, cover letters, job hunting, and more.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits

Login to your account

Can't remember your Password ?

Register for this site!