Tax Preparer Job Description [Updated for 2024]

In the world of finance, the need for tax preparers has never been more crucial.

As tax codes become more complex, the demand for skilled individuals who can navigate, interpret, and apply these laws to our financial landscape heightens.

But let’s delve deeper: What’s truly expected from a tax preparer?

Whether you are:

A job seeker attempting to comprehend the core of this role,
A hiring manager outlining the perfect candidate,
Or simply captivated by the intricacies of tax preparation,

You’re in the right place.

Today, we present a customizable tax preparer job description template, designed for effortless posting on job boards or career sites.

Let’s dive right in.

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Tax Preparer Duties and Responsibilities

Tax Preparers perform a range of tasks related to preparing and filing tax returns on behalf of individuals or businesses.

They need to have an in-depth understanding of tax laws and regulations, and often work with computer software to calculate and submit tax returns.

Their main duties and responsibilities include:

Consulting with clients to gather information about their financial situation and understand their tax preparation needs
Reviewing financial records, such as income statements and documentation of expenditures to determine the appropriate deductions
Using tax software or manual worksheets to calculate taxes owed or tax credits/refunds due
Completing tax returns in a timely and accurate manner, ensuring compliance with tax laws
Submitting tax returns electronically to the Internal Revenue Service (IRS) and state tax departments
Advising clients on potential tax liabilities, credits, and tax planning strategies
Keeping up to date with changes in tax law and regulations
Assisting clients with tax audits and responding to tax notices
Maintaining client confidentiality and privacy

Tax Preparer Job Description Template

Job Brief

We are seeking a detail-oriented Tax Preparer to assist our clients with accurate and efficient tax preparation.

The Tax Preparer will be responsible for communicating with clients about the tax preparation process, setting appointments, and assisting with tax preparation and filing.

Our ideal candidate is a professional with a strong understanding of tax law and filing procedures.

They should have excellent customer service skills and be comfortable working with tight deadlines.

Responsibilities

Conduct tax interviews with clients and provide them with in-depth tax consultation services
Prepare and file accurate tax returns for individuals or small businesses
Compute taxes owed or overpaid, using adding machines or personal computers, and complete entries on forms, following tax form instructions and tax tables
Furnish taxpayers with sufficient information and advice to get the most advantageous tax treatment
Stay updated with the latest tax regulation and legislation
Adhere to all company policies and procedures, as well as federal, state, and local tax laws and regulations
Assist with client inquiries regarding the tax preparation process
Maintain client confidentiality and protect operations by keeping information confidential

Qualifications

Proven experience as a Tax Preparer
Knowledge of tax laws, regulations, and codes
Excellent time management skills and ability to meet strict deadlines
Strong numerical skills and attention to detail
Outstanding organizational and multitasking abilities
Integrity, with an ability to handle confidential information
Professional Certification (e.g. CPA, EA) is a plus
Bachelor’s degree in Accounting, Finance or relevant subject

Benefits

401(k)
Health insurance
Dental insurance
Retirement plan
Paid time off
Continuing education credits

Additional Information

Job Title: Tax Preparer
Work Environment: Office setting. Some flexibility for remote work during tax off-season.
Reporting Structure: Reports to the Tax Manager or Partner in charge.
Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
Pay Range: $45,000 minimum to $80,000 maximum
Location: [City, State] (specify the location or indicate if remote)
Employment Type: Full-time
Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

What Does a Tax Preparer Do?

Tax Preparers primarily work for tax preparation firms, accounting firms, or may operate their own independent businesses.

They serve both individual clients and businesses across various industries.

Their main responsibility is to assist clients in preparing and filing their tax returns.

This involves gathering and organizing financial records, determining the correct tax form to use, filling out and submitting these forms, and ensuring that all tax payments and refunds are made in a timely manner.

Tax Preparers also conduct thorough reviews of financial statements to identify potential tax credits and deductions that can minimize the client’s tax liability.

They provide guidance on tax laws and regulations, advising clients on how to comply with these laws while maximizing their financial benefits.

In addition, Tax Preparers often assist clients in case of any tax audits or inquiries by tax authorities, providing appropriate documentation and explanations for the client’s tax returns.

Tax Preparers must stay updated about changes in tax laws and regulations.

They are also responsible for maintaining client confidentiality and handling sensitive financial information with utmost care and integrity.

Tax Preparer Qualifications and Skills

A proficient tax preparer should have the skills and qualifications that align with your job description, such as:

Numerical skills to accurately calculate the tax payable or refundable by clients.
Attention to detail to ensure that all information is correctly inputted into the tax forms and to minimize errors.
Organizational skills to manage multiple clients and their various tax documents.
Knowledge of tax laws and regulations to correctly interpret and apply them when preparing tax returns.
Problem-solving skills to address any tax-related issues that may arise.
Communication skills to clearly explain tax-related matters to clients and address any questions or concerns they may have.
Integrity as tax preparers have access to sensitive information and must maintain client confidentiality.
Computer skills to efficiently use tax software and other related tools.
Customer service skills to provide a positive experience for clients and ensure their satisfaction.

Tax Preparer Experience Requirements

Tax Preparers typically require a minimum of 1 to 2 years of experience in a related role, such as an accounting clerk, bookkeeper, or junior tax preparer.

This experience can be obtained through internships, co-op programs, or entry-level roles within accounting or financial firms.

Candidates with a Bachelor’s degree in accounting or a related field may qualify for entry-level roles even without prior professional experience, as their academic training could provide them with the necessary foundational knowledge and practical skills.

Those with more than 3 years of experience have likely honed their skills in preparing and filing tax returns, interpreting tax laws and regulations, and advising clients on tax-related issues.

They may also have experience in the use of various tax preparation software and tools.

Candidates with more than 5 years of experience may have been exposed to more complex tax preparation situations, such as preparing tax returns for corporations, non-profit organizations, or high net-worth individuals.

Such candidates may also have gained some supervisory or managerial experience, making them suitable for senior tax preparer or tax consultant roles.

Certification as a tax preparer, such as becoming an Enrolled Agent (EA) or a Certified Public Accountant (CPA), can also be a testament to a candidate’s experience and competence in this field.

Tax Preparer Education and Training Requirements

Tax Preparers typically require a high school diploma or equivalent.

However, most employers prefer candidates who have an associate or bachelor’s degree in accounting, finance, business, or a related field.

A comprehensive knowledge of tax laws and regulations is essential for this role.

This can be acquired through specialized courses or on-the-job training.

Several states mandate that tax preparers complete a qualifying tax course and pass an exam before they can practice professionally.

These courses train individuals on federal tax codes, tax return preparation, and ethical considerations in taxation.

Tax preparers can also opt for voluntary certifications like the Certified Public Accountant (CPA) or Enrolled Agent (EA) designations.

These certifications are not mandatory but can significantly enhance a tax preparer’s credibility and job prospects.

In addition, all paid tax preparers are required to have a Preparer Tax Identification Number (PTIN) from the IRS.

Continuing education is also essential in this role, as tax laws often change.

Tax preparers must stay updated with these changes to provide accurate services to their clients.

Finally, some employers may require tax preparers to have a few years of experience in a similar role, especially for senior positions.

This experience can be obtained through internships, entry-level positions, or volunteer work.

Tax Preparer Salary Expectations

A Tax Preparer typically earns an average of $46,860 (USD) per year.

However, the income can vary widely depending on factors such as experience, certification, the complexity of the tax returns they handle, and their location.

Some highly experienced Tax Preparers who deal with complex corporate taxes can earn well over this average.

Tax Preparer Job Description FAQs

What qualifications does a Tax Preparer need?

Tax Preparers need to have a high school diploma or equivalent.

However, many employers prefer candidates with additional education such as an associate’s or bachelor’s degree in accounting or a related field.

Tax Preparers must also complete an IRS-approved tax preparation course and pass the Registered Tax Return Preparer test.

Furthermore, they need to obtain a Preparer Tax Identification Number (PTIN) from the IRS.

What are the daily duties of a Tax Preparer?

A Tax Preparer typically starts their day by checking emails and responding to client inquiries.

They spend a significant part of their day reviewing financial records, preparing tax returns, and ensuring compliance with tax laws.

They also meet with clients to provide tax planning advice, clarify tax laws, and discuss any issues related to their tax returns.

Other tasks may include researching tax-related issues and staying updated on current tax laws and regulations.

What qualities make a good Tax Preparer?

A good Tax Preparer should have excellent attention to detail, as accuracy is essential in this role.

They should also have strong math and analytical skills, as they need to work with numbers and solve complex tax problems.

Good interpersonal and communication skills are also necessary as they deal with clients regularly.

Finally, a good Tax Preparer should have a high level of integrity and discretion, as they handle sensitive financial information.

What should you look for in a Tax Preparer resume?

When reviewing a Tax Preparer’s resume, check for a valid PTIN number first, as it is a legal requirement for this role.

Look for education in accounting or a related field, and experience in tax preparation.

Certifications from accredited institutions or associations can also be a plus.

Check for skills such as knowledge of tax software, problem-solving abilities, and attention to detail.

Finally, any demonstrated experience providing excellent customer service can indicate a candidate’s ability to handle client interactions professionally.

Conclusion

And there you have it.

Today, we have unraveled the true essence of being a tax preparer.

Surprise, surprise?

It’s not just about crunching numbers.

It’s about shaping financial futures, one tax return at a time.

With our comprehensive tax preparer job description template and real-world examples, you’re fully equipped to take the next step.

But why end your journey here?

Dig deeper with our job description generator. It’s your next leap towards precision-crafted job listings or polishing your resume to perfection.

Remember:

Every tax return is a piece of a larger financial puzzle.

Let’s shape those futures. Together.