How to become a tax preparer (step-by-step)
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- čas přidán 13. 07. 2024
- This is step-by-step how to become a tax preparer. Where do you take tax preparer classes? What is the tax preparer exam like? How much does it cost to be a tax preparer? I'm a bookkeeper, and I actually don't do tax prep for clients, but I talked in-depth with my friend Amy about her experience becoming a tax preparer.
Free printable with all the info: finepoints.newzenler.com/f/ta...
TaxBiz Free Workshop: sk293.isrefer.com/go/TBFW/ML82/
TaxBiz Main Page: sk293.isrefer.com/go/TBMP/ML82/
Amy Beyer: Amyebeyer@gmail.com www.beyerfinances.com
Videos mentioned:
Should you add tax prep to your bookkeeping business? • 8 reasons to add TAX P...
What does a tax preparer do? Types? • What does a tax prepar...
My website: www.finepoints.biz/
☑️My favorite bookkeeper training (affiliate links)
💜Bookkeeper Launch free series: sk293.isrefer.com/go/BLFS/ML82/
💜Bookkeeper Launch FAQs: sk293.isrefer.com/go/BLFAQ/ML82/
💜Bookkeeper Launch checkout: sk293.isrefer.com/go/BLIO/ML82/
☑️Classes taught by me
🟢How to start your business in 30 days (Bookkeeper Business Coach): finepoints.newzenler.com/cour...
🟢How to get clients (Bookkeeper Marketing Coach): finepoints.newzenler.com/cour...
☑️Free stuff
➡Is bookkeeping right for me? (free masterclass): finepoints.newzenler.com/fp/b...
➡How I got my first 3 CLIENTS (free masterclass): finepoints.newzenler.com/fp/c...
➡Start a bookkeeping business (free checklist) finepoints.newzenler.com/f/st...
➡LEARN bookkeeping (my favorite training options): finepoints.newzenler.com/f/ce...
➡Where to start bookkeeping (chart): finepoints.newzenler.com/f/de...
➡Tax Biz (free intro class on taxes): sk293.isrefer.com/go/TBFW/ML82/
➡More freebies on my website: www.finepoints.biz/resources
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For Basic (code "finepoints" for discount): www.fastandeasyqbo.com/Morgan
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☑️Other awesome classes (affiliate links)
Booming Bookkeeping: www.boomingbookkeeping.com/re...
Nerd Enterprises: www.nerdenterprises.com/a/202...
5 Minute Bookkeeping: courses.5mbacademy.com/?ref=a...
▶My Bookkeeping Tech Tools: www.finepoints.biz/blog/techn...
▶ Videos to get started bookkeeping:
Learn bookkeeping: • 10 ways to LEARN bookk...
Bookkeeper certification for FREE: • FREE ProAdvisor certif...
How to become a bookkeeper (with chart): • How to become a BOOKKE...
How to get clients: • 20 ways to get bookkee...
What does a bookkeeper do? • WHAT DOES A BOOKKEEPER...
Day in the life playlist: • "Day in the life" of a...
Bookkeeper Launch video: • 10 FIRST IMPRESSIONS o...
Client onboarding: • One Client, START TO F...
How much to charge: • HOW MUCH to charge as ...
Services to offer: • BEGINNER services to o...
▶ More videos you'll like:
Big, medium & small clients: • CLIENT EXAMPLES: Small...
Niches playlist: • Niches for bookkeepers
Before you start: • Bookkeepers: 7 THINGS ...
Impostor syndrome for bookkeepers: • How to overcome IMPOST...
10 reasons to start bookkeeping: • WHY START BOOKKEEPING?
How to clean up a client's books: • How to do a "CLEAN-UP"...
#bookkeeper #finepoints #bookkeeping
What questions do you have about tax prep?
Here's some free resources:
Free printable with all the info: finepoints.newzenler.com/f/tax-preparer-pdf
TaxBiz Free Workshop: sk293.isrefer.com/go/Workshop/ML82/
Tax Preparer
1. Take a course
2. Apply to the state-board to take the test
3. Pass the 3 hour exam
4. Apply and pay for your PTIN (tax preparer number for the IRS)
5. Get a license
6. Get hired
7. Every year after that get 30 hours of continuous education
Thanks for sharing the steps!
Krista (FinePoints Admin)
What’s the 30 hours of continuous education?
@@fsb_-bf3thprobably extra modules
Similar to taking Life and Annuity State License.
@@fsb_-bf3th
It should be a refresher on what you learned when you studied for the exam.
Did the H.R. Block tax course which is a great value..then did 5 years working tax prep for an "enrolled agent" accountant. When you begin taxes for small corporations you enter into the vast world of bookkeeping
Here in MS no education or tests are required to do bookkeeping or file taxes. Basically, a CPA is only required to audit public companies. I have a CPA, and I get more money from bookkeeping than taxes. Love the channel.
Tell me more abt CPA bookkeeping and required ?
I’m more than happy to discover this channel. I need to thank you for your time for this, particularly a fantastic watch!! I liked every little bit of it and I have subscribed you to look at new posts all the time.
Hi Adelita. Glad you are enjoying Morgan's channel and thanks for subscribing!
Krista (FinePoints Admin)
I just happened on this site and this was just wonderful. My wife and I are wanting to start a business and this would be great. You were so thorough! Thank you so so much
Thank you a million! Very useful information and I appreciate you’ve done that for us💐👍🏻
You are so welcome!
Excellent video!
Thank you very much for your hard work.
I like your video presentation. It is informative too, at the same time. Thanks a lot for your guidance!
Hi Henry! I'm glad you're enjoying Morgan's channel!
Krista (FinePoints Admin)
You’re absolutely amazing
This awesome! I am very interested in becoming a tax preparer here in Maine. I am currently a bookkeeper.
Hi Olivia! Glad you found this video helpful!
Krista (FinePoints Assistant)
Great video 👌
Tax biz is $3,000, or $1,997 one time payment then $37/mth thereafter. It's the same rabbit hole marketing scheme that's being played out in this new online hustle economy with everything. It's cheaper to study on your own and take the test
I’m enrolled in the H&R Block course, as I was unable to find a bookkeeping job. So I hope this puts my foot in the door. Unfortunately no office in my area does bookkeeping. I tried Intuit but never heard back from them. I’m also going to school at my local community college to get my certificate in bookkeeping.
Thank you for informative Vedio ..
Growth and Scope of this course in future
Thanks
Great video. I believe there’s only four states that require a state licensure for taxes, Oregon, California, Maryland and I don’t know if the other one. In Texas where I live, I don’t have to take a state licensure. With that being said, though I do have a bookkeeping business and I’m gonna try to go for the enrolled agent.
How’s the progress on the EA coming along? I’ve been thinking about getting the EA certification.
@@wesjay7780 the EA is coming long great. I just bought the course from tax mama. I recommend you do the same thing we can maybe do a study group
@@tayarndt I was considering doing a Gleim self-study review course for under $700, but I looked into TaxMama, and that is a nice deal, especially if you’re getting actual lectures from somebody at designated times. I’ll most likely take the self-study route, but it doesn’t hurt to know another fellow tax friend :D , if you have Discord, we can keep in contact.
@@wesjay7780 well, here’s the other thing, because I am fully blind, I find that I would rather have the audio format. In addition, some of those other platforms are not accessible for me. So yeah, if you buy tax mama let me know because I would love to set up a group.
@@tayarndt I got you, sounds good and I will let you know! Have a good day, and it was nice talking :D
I hope you can help me with this question.
I worked with Hrblock the last season, now I would like to start my LLC for tax preparation. I can renew my PTIN for this upcoming tax season but I’m not sure if I do have to take the continued education again since I took the 18 hours couple month ago with hrblock platform but I decide to not go back with them for next season
This video is misleading. To become a tax preparer you simply have to sign up for a course. Many tax preparers do not have to take a test with the IRS. This video is about how to become an enrolled agent which is way different than the title of the video
She literally said "this is all within Oregon" at 1:00. A basic tax prep in Oregon is a license. The EA test is way more involved.
She said exactly what u said at the beginning lol
Wait don't you have to be certified to prepare taxes, therefore wouldn't you need to take a course then take the exam, which is what she has stated?
I would like to get the school information were your friend when to get certified? thank you for your help
thanks for this video. Can everything be done online?
i really want to do this
Subscribed:)
Thanks for following!
Krista (FinePoints Admin)
I saw that you have to register with CTEC first, is that correct?
I'm a tax preparer in California and the requirements are different in Oregon.
Yes, this video is based on Oregon requirements, but each state is somewhat different. Just a video to get an idea of what tax preparation is like :) -Gabe (FinePoints Admin)
I’m interested to be a tax preparer .
If I take the course I can open an office?
It costs about $700 which may or may not be covered in part by the company interested in you.
I’ve been having a horrible experience trying to become a tax prep. I’ve gone to my community college which doesn’t teach it to me, it’s only online so I’ve been teaching myself everything. I’ve been trying to gain experience and it’s been exhausting and frustrating. Not to mention YOU DO NOT NEED EDUCATION TO BE A TAX PREP. I’m wasting time and money just to gain experience. 😩
I'm sorry to hear you are having a hard time gaining the experience and education you need to become a tax preparer. I'll let Morgan know tax preparing is something you are looking for more information on.
Krista (FinePoints Admin)
I have tax classes available
I like your video thx
if my annual income 50-70k
and my brother 30k
then we wanna buy house cost 200k
we need to pay cash tho so what if we can borrow 100k from friends then we buy the house ?
we not going to face any issues with IRS since our income only around 100k and we buying house for 200k?
Hi. Unfortunately, Morgan is not in the real estate business, so she is unable to help you with this. Thanks for watching!
Krista (FinePoints Admin)
Hi, can I do job there as a tax preparer as I am registered with Federal Board of Revenue as tax practitioner in Pakistan and I have five year experience to efile tax returns and documentation.
I am personally working on becoming an ea.
That's great! Thanks for watching!
Krista (FinePoints Admin)
Anna accounting and tax preparation business eppadi Start pandrath enn sollunga anna
Can I prepare taxes being non US national?
Hey there, I am interested in becoming a professional tax preparer and I don’t know where to start from please refer me.
Were can i do that ?
Which is better, this program or enrolled agent course??
Do you mean TaxBiz? I haven't done either personally, but I can vouch for other quality trainings from the TaxBiz people (bookkeepers.com). Reach out to Amy if you have questions! (info in description box)
I'm kiran from india,
I have good knowledge and experience on us accounting and taxation,
I'm quickbooks pro advisor and intuit certified professional bookkeeper. And pursing enrolled agent. If you hiring for remote position, even short term or long term works on bookkeeping or taxation.
Please let me know.
You no need to pay me untill you get satisfied with my work.
Can this work for Washington?
Hey there, I am interested in becoming a professional tax preparer and I don’t know where to start from
Hi Elias! Check out Morgan's Tax Preparer Guide (finepoints.newzenler.com/f/tax-preparer-pdf). It will show you the steps you need to take and where to start!
Krista (FinePoints Admin)
Please correctly put the link of AMY
How much a tax preparer makes?
Hello mam, I am bookkeeper in Indian but I will plan to move in Canada so that How to get job as bookkeeper in Canada????
You'll need to research this a bit, as Morgan lives in the US and really knows how to do it in the states. However, there are lots of Canadian bookkeepers, so if you join a few FB groups, I bet you'll find some who could help! -Gabe (FinePoints Admin)
Thank you Mam 😊
Could you suggest some expert Canadian bookkeepers like Morgan on CZcams or Facebook?
Very clear explanation, thanks for the awesome video! Just to mention, if you need to batch fill tax forms for your customers, we provide a Microsoft Excel add-in to automate this - czcams.com/video/w6h7s8COkXA/video.html
Thanks for sharing!
Krista (FinePoints Admin)
I could not find the resources for completing income tax preparation courses you mentioned at the end of this video.
Would you be kind enough to pm me it.
Thank you. I just subscribed to your channel.
Hey! Here are the resources Morgan mentioned in this video:
Free download - How to Become a Tax Preparer: finepoints.newzenler.com/f/tax-preparer-pdf
TaxBiz Free Worshop: taxbiz.com/free-workshop?cookieUUID=22c25392-f620-4325-9a53-53be83ee26dd
TaxBiz Main Page: taxbiz.com/?cookieUUID=f174d729-f48f-44a3-b2b0-9858067a7fbf
Krista (FinePoints Admin)
This is American tax preparer?
Yes, this is what an American tax preparer does.
Krista (FinePoints Admin)
What is the difference between accounting and bookkeeping
Here's a video that talks about just that! czcams.com/video/toh6M6mQCo0/video.html
-Gabe (FinePoints Admin)
@@FinePointsBookkeeping Awesome! thanks!
@@zacharyholland1091 Accounting can entail much more than what you would do with typical bookkeeping role. You could be handling payroll or other functions within the organization like accounts payables and receivables. I am an Enrolled Agent which allows me to represent client with the IRS and with my Account Degree background, it helps to advise clients on best practices and sort of act as an CFO for small clients. A common activity is closing the books for year end, which entails knowing how to handle closing the books for year end. Bookkeeping is a great start to lots of accounting function, which CPA's like to ignore, but is vital to the basic functioning of businesses.
Where can we take courses?
Hey! Morgan recommends the course Tax Biz (sk293.isrefer.com/go/TBMP/ML82/) to learn how to become a tax preparer.
Krista (FinePoints Admin)