What Do Tax Preparers Do: Job Description, Responsibilities and Duties

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daily life of a Tax Preparer
are Tax Preparers happy with their job

Tax Preparers

Other names for this job might include Certified Income Tax Preparer (CTP), Corporate Tax Preparer, Enrolled Agent, Income Tax Advisor, Income Tax Consultant, Income Tax Expert, Income Tax Preparer, Licensed Tax Consultant, Master Tax Advisor, Tax Advisor


  • $44730
    Salary
  • 68%
    Job satisfaction
  • Medium
    Becoming one
  • Medium
    Job growth
OwlGuru Rank

C+



Being A Tax Preparer: What You Really Do


In this job description guide, you will find out what do Tax Preparers do and what is their typical work day like.

After reading this, you will have a much better idea on whether you will like working as a Tax Preparer or not.



Job summary

Tax Preparers prepare tax returns for individuals or small businesses.

We asked Tax Preparers how satisfied they are with their job. Here is what they said.

Job satisfaction

68%

How meaningful is this job

35%


68% of them said they were satisfied with their job and 35% said they find that their job makes the world a better place or helps to make someone else’s life better.



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Typical day

On a daily basis, Tax Preparers Compute taxes owed or overpaid, using adding machines or personal computers, and complete entries on forms, following tax form instructions and tax tables. They Prepare or assist in preparing simple to complex tax returns for individuals or small businesses.

1 of the main responsibilities as A Tax Preparer is to Use all appropriate adjustments, deductions, and credits to keep clients’ taxes to a minimum.

Some may also Interview clients to obtain additional information on taxable income and deductible expenses and allowances.

In a normal work day, another thing that Tax Preparers do is they Review financial records such as income statements and documentation of expenditures to determine forms needed to prepare tax returns.

In addition to that, they Furnish taxpayers with sufficient information and advice to ensure correct tax form completion..

A typical day for A Tax Preparer look like this:

Calculate tax information.
Calculate tax information.
Calculate tax information.

We asked some Tax Preparers a few questions to find out what else does their work day look like. Here is what we found.

Do you have telephone conversations everyday in this job?85% said yes
Do you have to use email everyday in this job?45% said yes
How important is it to work in a team in this job?10% said very important
Do you have group discussions everyday in this job?65% said yes
Do you have to meet strict deadlines everyday in this job?25% said yes
Do you talk or work with customers everyday in this job?40% said yes
Do you have to deal with angry customers everyday in this job?5% said yes
Do you have to make decisions everyday in this job?65% said yes



Other responsibilities

Besides the “typical day” things that Tax Preparers do, they Consult tax law handbooks or bulletins to determine procedures for preparation of atypical returns. They might also Calculate form preparation fees according to return complexity and processing time required.

A typical week or month for them might include:

Update professional knowledge.
Calculate tax information.



Working life

Working hours

More than 40 hours per week

Working schedule

Seasonal (only during certain times of the year)


In a typical work week as A Tax Preparer, you can expect to work More than 40 hours per week.

Do Tax Preparers work in an office-style work environment?

Everyday
90%

Once a week
0%

Once a month
0%

Once a year
0%

Never
10%

Do Tax Preparers work in a warehouse-style work environment?

Everyday
5%

Once a week
0%

Once a month
0%

Once a year
0%

Never
95%

Do Tax Preparers work outdoors?

Everyday
0%

Once a week
0%

Once a month
0%

Once a year
0%

Never
100%



Is this right for me

Best personality for this career

The Organizers and The Persuaders


You can read more about these career personality types here.

You will like this career if you are someone who likes following set procedures and routines. They like working with data and details more than with ideas.

You also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



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Rank: C
Salary: $50120

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Career type

Business and Finance
Business Financial Management and Accounting
Financial and Investment Planning
Revenue and Taxation

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Related to Tax Preparers Job Description

Tax Preparers job description, what do Tax Preparers do, typical day for Tax Preparers, what is it like to work as a Tax Preparer, how many hours do Tax Preparers work, day to day work of a Tax Preparer

Additional resources

http://www.bls.gov/oes/current/oes132082.htm
http://www.bls.gov/opub/ted/2016/concentration-of-tax-preparers-and-accountants-and-auditors-in-2015.htm

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Tax Preparers
Written by: Stanley Tan
Tax Preparers prepare tax returns for individuals or small businesses.
3.8 / 5 stars

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