What does a tax preparer do?
A tax preparer helps individuals and businesses prepare and file tax returns, ensuring compliance with IRS and state laws. They also advise on deductions, credits, and tax-saving strategies.
Depending on credentials, some tax preparers can represent clients before the IRS. This role requires balancing client advocacy with strict legal and ethical standards.
What do you need to become a tax preparer?
To become a tax preparer, you’ll need foundational tax knowledge, certification, reliable software, clients, and an official Preparer Tax Identification Number (PTIN).
To dig deeper, visit the original article on the Thomson Reuters blog.