Tax Preparers
Tax preparers help individuals and small businesses file their tax returns accurately and legally. They interview clients to gather financial information, use specialized tax software to calculate what people owe or should get back as refunds, and find all the deductions and credits to minimize their clients' tax burden. These professionals need strong math skills, attention to detail, and knowledge of constantly changing tax laws, often working in accounting firms, tax preparation chains, or as freelancers during the busy tax season.
Did you know?
Tax specialists experience intense workloads during tax season (January-April) followed by slower periods, requiring effective time management and financial planning.
At a glance
Typical average pay
$49,500 Avg/yr
Growth
Fast growing
Top skill
Reading Comprehension
Things to consider
Continuous Professional Education
The constantly evolving U.S. tax code requires ongoing education and training to stay current with federal, state, and local tax law changes.
Professional Certification Requirements
Career advancement often depends on obtaining certifications such as CPA, Enrolled Agent (EA), or other specialized tax credentials recognized by the IRS.
Key responsibilities
Prepare or assist in preparing simple to complex tax returns for individuals or small businesses.
Answer questions and provide future tax planning to clients.
Review financial records, such as income statements and documentation of expenditures to determine forms needed to prepare tax returns.
Interview clients to obtain additional information on taxable income and deductible expenses and allowances.
Consult tax law handbooks or bulletins to determine procedures for preparation of atypical returns.