How to Become a Tax Preparer and What Education Do I Need?

how to become a tax preparer

How to Become a Tax Preparer and What Education Do I Need?

How to become a tax preparer is an excellent question to ask. Most people who are interested in earning extra money often wonder how they could reach their goals with something so easy. The truth is that becoming a certified tax preparer is not that difficult. Anyone can do it provided they have the necessary education and skills. Here are some tips on how to become a tax preparer.

There are several ways to earn additional income with tax services. Most certified public accountants or CPAs have specialized in-depth accounting skills that would enable them to provide clients with complete financial information for their return. Clients would be able to obtain the information they need from CPAs or CPA’s who are licensed by the IRS to provide this service. Some CPAs work as freelancers or independent contractors, offering their accounting and bookkeeping services to clients at a certain fee.

Becoming a CPA is only the beginning. A tax preparer must also have good accounting and tax skills. These two essential qualifications are acquired through a combination of classroom instruction, internship, and hands-on practice with their clients. Upon successful completion of the internship, CPAs are required to undergo the examination given by the American Institute of Certified Public Accountants or AICPA, and pass it with a certain score.

In order to get hired as a tax preparer, you will have to undergo the necessary courses offered by professional organizations. These courses equip students with the knowledge they need to be successful in the job market. In addition to this, students will have to submit hundreds of college credits and fulfill prerequisite requirements. These requirements usually include subjects such as biology, chemistry, physics, and English. Aside from these academic requirements, CPAs also need to pass the necessary state exams in order to be licensed. Once licensed, CPAs can look forward to several job opportunities.

Getting your high school diploma or GED is usually the first step in looking for a career in tax preparation. High school diploma or GED preparation is usually required as an entrance requirement in many colleges. You will also need it for working for companies requiring such training. If you are still undecided on whether to pursue your preparation, you should visit your local community college to inquire about their professional tax preparation courses.

Once you have a high school diploma or GED, you can look for a job as a certified public accountant or CPA. There are many companies and organizations willing to hire CPAs with a bachelor’s degree. Most CPA firms require that CPAs have at least a bachelor’s degree in accountancy, because accountants are required to complete and maintain several levels of education and certification before becoming certified. Aspiring CPAs should have at least a bachelor’s degree in order to become a CPA. Some CPAs who were trained on the job and later obtained higher education and certification do well in the CPA role.

If your dream is to open your own CPA practice, you must attend an accredited taxation preparation course. The number of hours a CPA needs to learn about tax laws varies by state. Many CPAs choose to get their start in the field by attending an online CPA course, because it allows them to continue to work their regular job while studying at home. Before you take any CPA exams or begin your tax preparation course, however, you should be sure that you meet all state licensing requirements.

How to become a tax preparer requires not only a high school diploma or GED but also a great deal of persistence. It can be hard work and it can also be time-consuming. You must be disciplined to keep up with new state regulations and accounting changes. A CPA who opens his or her own CPA practice will have to compete for business with other Certified Public Accountants who have been working for years. Even with experience, CPAs are always trying to find ways to differentiate themselves from the competition.

The following two tabs change content below.


Entrepreneur, Blogger, Affiliate Marketer and webmaster of Stealth Secrets. I have been earning a full-time living as an affiliate marketer since 2004. Want to do the same? Check out what I recommend.