The 2023 income tax filing season is approaching. There has never been a better time to consider becoming a tax preparer, a side job that is growing in popularity for those looking for extra income.
There is definitely a need. Every year, tens of millions of Americans approach filing their income taxes with fear. Every year there are at least a few changes to the system. For example, the rules for tax year 2023 have changed the most due to inflation. Federal income tax brackets expanded by about 7 percent, much larger than usual. The standard deduction amount also increased.
Other changes to watch include new or expanded energy tax credits.
So people need help and the right tools to figure it all out. This is one of the reasons why tax preparation is one of the most popular remote jobs.
Becoming a tax preparer not only gives you complete control over your schedule, but it’s also easy to set up and maintain. rainBut if you’re like me, you’ve probably wondered if there’s more to being a tax preparer than handling taxes all day (spoiler alert: there is!). You may be asking yourself questions like, “Can I make money with a side hustle?” or “Is this something I will stick with long-term?
To help you answer these questions, let’s take a closer look at: How to Become a Tax Preparer What makes this an attractive option for people looking to find a way to work from home and build skills they can use in their own capacity for years to come?
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Flexibility in location and time
Customers can work with you from anywhere in the world. Tax preparers also have more consistent working hours than most other telecommuting jobs. And since tax season is only a few months away, you have plenty of time to take off for the rest of the year.
You can often find part-time or temporary jobs in your area that offer flexible hours during tax season. There are many opportunities to work with tax preparers in your home country, so you should be able to find one that fits your schedule.
Busiest time of the year
Tax season is the busiest time of the year for CPAs, tax preparers, and accountants. If you’re looking for a job that allows you to work from home and earn extra income during tax season, this could be it.
Tax preparers are in high demand during tax season because they provide an essential service that helps taxpayers do their taxes as easily as possible. Taxpayers may not have the time or expertise on their own, so they hire professionals, such as CPAs or tax preparers, who can help them file their taxes quickly and accurately and avoid penalties. Taxpayers want their money back. You want to make sure everything is done right and you get all the deductions you deserve!
tax preparation jobs Work tends to increase rapidly around this time of year, so you can be flexible with your schedule during tax season. Many people who want to make extra money by working as a CPA or accountant choose this career in particular because it offers opportunities not found in other industries: the ability to choose not only when you work, but where you work!
limited experience
Some tax preparer roles require experience in the tax field, while others do not. If you have limited experience or no prior knowledge of taxes, you can learn what you need to know on the job. However, the minimum experience required is Tax Preparer CertificationThis can be accomplished through a variety of online courses.
Some employers may prefer that employees have a college degree in accounting or finance.
Transition to accounting profession
You can use a tax preparer job as a stepping stone to other accounting positions. Learning about tax code and accounting and finance can prepare you for more complex roles, such as bookkeeping or auditing. You may also be able to find these roles on a full-time basis.
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final thoughts
If you are looking for a way to work from home, becoming a tax preparer may be a great fit. Tax preparers are currently in high demand as more people file their taxes online and need help preparing their returns.
Tax season is one of the busiest times of the year for both CPAs (CPAs) and tax preparers. If you have basic math skills and are willing to learn how to use a software program like TurboTax or H&R Block At Home, this could be an excellent choice for anyone looking to make money working from home!