A Tax Preparer Salary Is a good Enough Motivation To keep You In the Career.
Each year there comes a time when tax returns have to be filed with the relevant authorities. This is often a labour intensive and time consuming task that is incredibly daunting to deal with. Taxation statements can either be filled by the taxpayer or they can hire a qualified person in this field to perform this on their behalf. The laws and policies that are involved in the task returns policies are viewed as complex by majority of the population supported by the fact that in the united states over 59% of the population enlist help for this function. This is what has justified the tax preparer salary and job.
Who is a Tax preparer
Basically a tax preparer is an individual who files income task returns on a tax payer’s account for profit. Tax preparation can be viewed as a somewhat non-traditional profession as a tax preparer can been trained in several different fields. A certified accountant, an attorney or a licenced agent can competently perform this. Tax preparation is however not limited to only certified professionals but persons who are not certified in this field can also accurately perform this as long as they are equipped with proficient computer knowledge in book keeping and Quick books and the current laws and policies on the field. Tax preparer’s main task is to accurately set up and write tax returns for their client. Taking care of their client’s best interest is yet another important task. A task preparer does this by ensuring they include all the exemptions and claims their clients are aware of ensure they pay the lowest possible taxation fees.
tax preparer salaryWhy tax preparation is seasonal
The dreaded due day of the filing of taxation statements arrives on an annual basis worldwide. This means the process of writing and filing taxation statements is usually done during a specific period in the year. In the usa taxation statements are filed on a specific date usually in April this makes the influx of available jobs in the market between December and April. This does not however mean that permanent jobs in this field are not available as organizations that deal with taxation mater do offer such positions.
Tax preparer salary
Much like all the fields throughout the economy the tax preparer salary is usually based upon the qualifications and experience they bring to the table. The average salary earned by a tax preparer annually according to research is $32, 000 and average hourly rate of about $21 dollars. This is of course based upon position, organization and clients as the average least salary is estimated at around $15, 000 annually with the highest paid in the field earn an estimated $80, 000. Accomplishing the task of tax preparation in most times requires a team to perform all the various aspects of this and are aimed at making the client happy. The individual that perform the tax preparation are estimated to earn typically $ 43, 000 annually. The legal, management and consulting staff earn around $54, 000 while the human resources staff earn around $47, 000 on an annual basis.