Pronto Tax Class Blog
Families Helping Families Do Taxes
One thing you don't want to underestimate if you are going to become a tax preparer is that families--and the concept of family itself--are an integral part of the tax preparation business. Think about it: you, as a tax peparer, are seeking to support your family by helping other families comply with their tax reporting obligations to best advantage. In addition, the relationships that you develop with your clients can be tremendous and in some cases resemble the affection and respect that beloved family members share.
What's more, the tax preparation business makes a great family business in terms of a family getting together, everyone pitching in, and creating a business helping other families do taxes. We have seen much of this family dynamic at our 20 hour CTEC tax update course at RenewCTEC.com and also here at ProntoTaxClass.com. Many people take our courses "in tandem" with a family member, a spouse, or a very close friend. This gets us to thinking:
Why is the tax preparation business a business that inspires family members to work together?
It Is NOT Too Late to Become a Tax Preparer
Christmas is almost here and that means tax season is almost here. And that means that if you are looking to become a professional tax preparer and be able to do taxes for pay in 2012, you better get on the train! The good news though is that it is NOT too late to become a professional tax preparer and work doing taxes in 2012.
In fact, thanks to All Online Pronto Tax Class, you can become a professional tax preparer in 60 hours or less. We have had students who have completed our course in as little as three days. Keep reading to learn more about why, with Pronto Tax Class, it's not even close to too late to become a tax preparer for this upcoming tax season.
What New Tax Preparers Need to Know About Getting an EFIN from the IRS
We have been getting a lot of questions on the Pronto Tax Class Student Helpline about the issue of whether or not new tax preparers need an EFIN, what is an EFIN, how to get an EFIN, when to get an EFIN, and various other EFIN-related questions. Therefore, we have created an email that gives our Pronto Tax Class new tax preparers answers to these EFIN-related questions.
The main points to realize right away is that e-filing is mandatory for 2012 tax season for any tax preparers who anticipate filing more than 10 tax returns in 2012, and secondly the IRS can take up to 45 days to process a new EFIN application, so if you are planning to become a self-employed taxpayer, you should act now to get an EFIN in time for tax season.
Read the rest of this article to discover resources for obtaining an EFIN, the article is written as an email to our Students but we will share it with the public here on our Pronto Tax Class Blog, please add your experience in the "comments" section if you have more useful info about new tax preparers getting an EFIN in time for this tax season.
Free Income Tax Courses Aren't Free
If you're looking to become a tax preparer and don't have much money to invest, it is only natural to search for free income tax courses. However, it's important to realize that most income tax classes being advertised as free are, well, not free.
Liberty Tax Service® is the biggest purveyor of free income tax course bait-and-switch. This whole year, they have been advertising their Liberty Tax School as "free" but with a "minimal charge for books." The minimal charge is around $200. Do you consider that a minimal charge? We don't.
Not when you can buy Pronto Tax Class for $137.
Another unfortunate habit that Liberty Tax School® has adopted is posting their tax course on job boards as if the course is a job, when in reality it's a course. Here is an example of that: http://msn.careerbuilder.com/
In this economic environment, it doesn't seem right to advertise a job unless you really do have a job to offer.
This is not meant to pick on or attack Liberty Tax Service in any way. Other tax courses advertise in the same misleading way.
Just mentioning these facts so that people who want to become tax preparers can realize that not everything that is said to be free is actually free...and of those things that are actually free, in many of those instances you are getting what you pay for: that is, nothing.
Become a Tax Preparer, You Can't Lose (Much)
As we point out in our article about why to become a tax preparer, there are many reasons why someone might choose to become a tax professional.
Our recent Pronto Tax Class Live course held in Carson was an illustration of the various reasons why people choose to take our basic income tax course to become a tax preparer: one student simply wanted to be able to do his own and his family members' taxes, another student was already working at a tax company and looking to get a raise by acquiring a new credential, another student was exploring a "Plan B" option if God forbid he gets laid off from his day job.
But no matter what your reason for considering becoming a professional tax preparer, there is one aspect of becoming a tax pro that is appealing to all demograhics and that is:
It is REALLY cheap (with Pronto Tax Class) to become a tax preparer! And it's not really cheap to have your taxes professionally prepared. This equation equals opportunity for the newly minted tax preparers such as are graduating daily from our 60-hour online basic income tax course.