Monday, November 13, 2017

How To Become An Enrolled Agent That Clients Will Prefer

By Maria McDonald


Established tax preparers make lots of money every year by representing all sorts of taxpayers. If you are planning to join them, there are certain things that you have to do. In this article, top tips on how to become an enrolled agent are discussed.

Obtain the minimum requirements. Generally, you can work as a tax preparer once you have a high school diploma. This means that you do not have to have an associate degree to thrive within the industry. However, it is important to work on acquiring certain skills right from high school. Any good tax preparation expert should have strong mathematics and basic computer skills. Additionally, they need to be good at customer service.

Undergo additional training. Even when you can join the tax preparation industry after high school, getting additional training is recommended. There are lots of topics that any good tax preparation course should offer you. For instance, you will learn about filing returns, conducting taxpayer interviews and tax calculations. However, it is also important to go for a training that is provided by the right body e. G. The Accreditation Council for Accountancy and Taxation.

Enroll for higher education. While you may practice even with the simple training you have, seeking higher education opportunities is important for career advancement. Through higher education you will find yourself on the way to becoming a licensed tax accountant or Tax Attorney. Before choosing where to go for the training you need, research the institution properly to confirm that it is accredited.

Once you have the required qualifications, it is critical to get certified. This basically involves seeking to meet the requirements set by both the federal and state agencies. The first thing to do here is to apply for a Prepare Tax Identification Number. To do this, you will need to submit certain documents that include your social security number and previous tax return.

After getting certified, you can now seek to become a licensed agent. Keep in mind that to reach this level, you have to first demonstrate competence in your work. The first way to do this is to work for the Internal Revenue Service for a given period. Secondly, you can register for and pass the Special Enrollment Examination. Once you have passed the test, you can then submit your application for enrollment by filling form 23 of the Internal Revenue Service.

Once you have been enrolled, you can begin looking for work opportunities. To get the necessary experience. You can begin by working for any reputable tax preparation service. You can then use your time with them to acquire the additional skills and experience that you need in the industry. Once you have gathered such, you can then look for another work opportunity or branch out as an independent practitioner.

On gathering the kind of skills and experience you need to work independently, you can decide to start your own company. To succeed here, you will need to do a lot of marketing so as to reach out to as many potential clients as possible. There are various affordable ways through which you can market your services including making use of social media platforms.




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