It's that time of year again - when the tax filing deadline is looming large. So why not seize the opportunity to take advantage of all the madness and make some money?
Entrepreneurs who know their way around a 1040 and don't mind seasonal work can have a successful tax preparation home business. Making tax preparation an ideal home business for those in retirement who want to make their money in the early part of the year and then travel over the summer.
Although formal education for tax preparation is required in only four states, all tax practitioners would be wise to take basic training and refresher classes from a large tax concern such as H&R Block, a community college or the IRS, as tax laws are constantly changing. As a tax preparer, you'll need to be familiar with the schedules and forms used in preparing an individual return, as well as the basics of credits and deductions.
Read: Ideas for Home Business: Tax Preparation
Entrepreneurs who know their way around a 1040 and don't mind seasonal work can have a successful tax preparation home business. Making tax preparation an ideal home business for those in retirement who want to make their money in the early part of the year and then travel over the summer.
Although formal education for tax preparation is required in only four states, all tax practitioners would be wise to take basic training and refresher classes from a large tax concern such as H&R Block, a community college or the IRS, as tax laws are constantly changing. As a tax preparer, you'll need to be familiar with the schedules and forms used in preparing an individual return, as well as the basics of credits and deductions.
Read: Ideas for Home Business: Tax Preparation
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