If you’re looking for a way to make some extra money and enjoy yourself in the process, becoming a seasonal tax preparer might be the perfect fit. Here’s how:
Enhance Your Public Speaking Skills
You can improve your public speaking skills by taking classes, practicing in front of a mirror and working on your breathing.
You might think that public speaking is an innate talent, but it’s actually a skill that can be learned with practice. After learning about the basics of speech writing and delivery, you should practice in front of a mirror until you feel comfortable enough to deliver your speech in front of an audience. Once you’ve gotten used to talking about taxes for fun (or “practice”), try talking about taxes for real—start at home by telling family members about their tax returns so that they know what to expect when meeting with their new seasonal tax preparer!
How many hours do seasonal tax preparers work? Well! It is estimated that seasonal tax preparers work an average of 40 hours per week, with an hourly wage between $12 and $15. The exact number of hours you put in depends on how many clients you have and how many time-consuming tasks your job requires.
For example, if you work for a company that specializes in preparing tax returns for individuals and small businesses, each client may require 30 minutes to an hour of your time. In this case, working five days per week will give you plenty of time to take on new clients while still keeping a healthy balance between your personal life and work responsibilities.
Financial service providers like Intuit say, “You can work remotely, earn extra income, and choose from work schedules that work best for you. Depending on minimum hours worked, you can also get benefits such as a 401K savings plan.”
Develop Accounting Skills
- Learn how to use accounting software. Accounting software can be used to create financial statements, track income and expenses, and even file taxes.
- Learn how to set up a bookkeeping system. In order to keep track of your client’s finances throughout the year, you should set up a bookkeeping system that is easy for clients to understand and keep updated with any changes in their financial situation so you can provide them with accurate information when tax season arrives.
- Develop an understanding of accounting principles and practices such as GAAP (Generally Accepted Accounting Principles), cash flow analysis, payroll taxes and deductions, depreciation calculations etc.
Learn About Business Confidentiality and Ethics
Confidentiality is a cornerstone of the tax preparation profession. As a seasonal tax preparer, you are likely going to be interacting with clients from all different backgrounds, so it’s important that you understand how confidentiality impacts your work.
Ethics are also important to understand how to become a good seasonal tax preparer. You will be using information about people’s personal lives and financial situations when preparing their taxes, which means it’s essential for you to know what constitutes ethical behavior in this field.
Thinking that this guide has given you some insight into how to become a good season tax preparer. It is certainly not an easy job, but it does have its rewards. If you can improve your public speaking skills and increase your computer literacy, then there is no doubt that you will be successful in this field.