What are typical tax preparer salaries? |
|
| Comments (15) |
|
Host |
Do some companies pay a lot more for this position than others? What does a top earner make in this field? What skills should you learn to increase your salary? |
|
Roger in Tulsa, Oklahoma 22 months ago |
If you work for one of the big tax prep companies, you'll be an employee and they will withhold taxes. |
|
dian66@aol.com in Pharr, Texas 20 months ago |
Looking for Software and banking products, any suggestions? Would like to get contacted by preparers who reside in the South TX area, Hidalgo County. |
|
sadly diappointed in Rancho Cucamonga, California 20 months ago |
Kimberly in Sparta, New Jersey said: If I take the H&R Block tax class, what earnings can I expect to make? I have worked for block, you don't make money, you have to pay your salary back, then you might get commission, if you are a good preparer the office people undermine you clients and the company could careless, they are NOT YOUR CLIENTS, even if they are you family look some where else I am |
|
SWOhioTaxPro in Dayton, Ohio 19 months ago |
tax professional in charlotte, North Carolina said: A friend who introduced me to the industry made $60k last year - no RALs & very honest. Are you advertising? What are you charging? I with you you TaxPro in NC, if you are honest and fair AND good at marketing you can make a really good living doing this (even part time)during the tax season. The key is you again have to be honest AND fair. THEN you have to be good at bringing clients in the door and collecting your fee (Whatever that is) I know plenty of preparers that just dont make much because they a) arent willing to put in the time and b) arent good at collecting their fee. That is what can screw you, not getting your money! |
|
tlchristian@ymail.com in Charlotte, North Carolina 19 months ago |
Can someone tell me the best tax software to use. I am currently taking class from a Liberty Tax Franchisee and I have learned a lot. Especially in ethics. Being an honest Tax Preparer is by far the best angle given. |
|
pbmsdiv in Fenton, Missouri 19 months ago |
dian66@aol.com in Pharr, Texas said: Looking for Software and banking products, any suggestions? Would like to get contacted by preparers who reside in the South TX area, Hidalgo County. TAXWARE is a great software company and Refund Advantage is a great bank. I have had great success with both and I have been in the industry for over 30 yrs before the bank products started. |
|
bbfinancial in Houston, Texas 19 months ago |
Host said: Do some companies pay a lot more for this position than others? What does a top earner make in this field? Tax preparers can range from minimum wage to whatever the company chooses to pay. Some compnaies offer bonus incentives based on the volume of returns that a particular preparer prepares. |
|
Lynne in Yucaipa, California 18 months ago |
After preparing taxes for a small number of clients from my home office for the past few years, I am planning on expanding my business by leasing an office that has great visibility in my community. I am currently creating a business plan and am trying to forecast revenue so I can establish my break-even point (which will help guide my marketing efforts and decisions on which space to lease). To those of you who run your own practice: what is a reasonable gross revenue to anticipate in my first year? I've already researched and come up with a competitive pricing structure, but I'm stuck on how many returns per day/week I can plan on preparing. Thanks in advance for your input. |
|
mj in Huntsville, Alabama 17 months ago |
tlchristian@ymail.com in Charlotte, North Carolina said: Can someone tell me the best tax software to use. I am currently taking class from a Liberty Tax Franchisee and I have learned a lot. Especially in ethics. Being an honest Tax Preparer is by far the best angle given. I've been in the business 11 years now. It's been great but it will take some time for u to become financially successful. You have to get your name out there. By the way Liberty is a rip off. I've had new clients come in my office after leaving Liberty. Said they tried to charge them $100 for single 1040ez. I charge $40 for that. I mean it only takes 10-15 minutes to prepare. I use ATX tax software, have from day one. It's great!! Very easy to use, and affordable. As for first year gross income I would expect around 10k. and thats if you advertise. would be more if you get a franchise, but not for me! Good luck great biz if you make it!! |
|
csam in Waldoboro, Maine 16 months ago |
I find these post helpful. I have one year left for my BS acctg degree. I am a number person. I am also a volunteer tax preparer. I was thinking of taking HR Block's tax course. I am wondering what the pay rate in maine is. I am not sure I want to because I feel uncomfortable with a company like this. I feel good that I can do a tax return for free and no idiotic gimmicks they force people into. |
|
aaaaa in Jamaica, New York 15 months ago |
$8/hour |
|
joy in Kansas City, Missouri 13 months ago |
I work for H&R Block currently, but not as a tax professional. I was thinking of taking the course this summer so I could come back next season as a TP. I know the first year TPs only make $9.50 an hour (I'm in CA). The second years make $9 an hour but earn a commission. The commission percentage goes up with more experience/more years spent here, but is it worth it? I don't really know, and I don't feel comfortable asking my coworkers. |
|
dork in New York, New York 2 months ago |
The 3 big companies (H&R, Liberty and Jackson Hewitt) pay minimum wage or barely above it. Jackson Hewitt hired me at a higher starting rate since I had 2 years of prior tax preparation experience; when I got my first paycheck, it was at a lower rate and they refused to acknowledge the rate that they'd hired me. One year I interviewed with Liberty tax and they would not disclose their pay rate until I agreed to come to training (for which I had to obtain a PTIN). However, I took the Liberty tax course, and I would definitely recommend it since you actually fill the 1040 forms by hand and in the process learn about all the rules. I have worked through VITA (the IRS' volunteer tax preparation program) and was paid $15 an hour both seasons (through different nonprofits). That was a decent salary and the added bonus is that your clients aren't being ripped off with high fees (if that's the kind of thing you care about). |
|
parker1981 in Phoenix, Arizona 2 months ago |
I worked four_non-consecutive_tax seasons at Jackson Hewitt in a storefront or Walmart ending 04/2011. I did training at Liberty Tax as well. The Jackson Hewitt tax jobs were with the same franchise. I had no problems at all with the "agreed upon' pay rate at any year. What I found out in my last tax season at JH was the 'idea' of 'you earn the hours you work'. This was quite a surprise to me and I worked two locations just to attempt to work the amount of hours I thought I was going to get. I really had to think this through with the cost of commuting, etc. ANY short-comings of my experience I interpret is due to my own performance. I will NOT disparage Jackson Hewitt nor Liberty for ' it is what it is '. Make sure that you understand each environment / job demands before you sign any contract. I still like both companies and will consider working with them, dependent on the "IRS RTRP" _______________________________________________________________________________
dork in New York, New York said: The 3 big companies (H&R, Liberty and Jackson Hewitt) pay minimum wage or barely above it. |
» Sign in or create an account to comment on this topic.
