As a tax preparer (or a student learning to become one), your clients and potential clients depend on you to know the tax laws. Getting the basic knowledge down is just the first step towards becoming a well-seasoned tax professional. Once you have the basic knowledge, you must build on that base and begin learning […]
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Getting Through the Comprehensive Course When Time is Not on Your Side
I have had a very busy week and getting all my reading assignments done has been no simple task. I am still following the basic study regimen I outlined in a previous post but have decided to mix things up a bit by reading through Chapter 3 as well before finishing the tests for both […]
Understanding Basic Tax Concepts is Important for Everyone
As I work through Chapter 2 it has become really clear to me that basic tax courses really shouldn’t be just for professionals. Knowing the basics of exemptions, standard deductions, and filing statuses can help anyone to submit their tax returns with confidence. If you’re using a tax preparer, you obviously shouldn’t be retracing everything […]
The Student Experience: An Overview
Want to know what it’s like to be be a student at The Income Tax School? Get a brief overview in the video below of the student experience within our learning management system. You can also follow our newest blogger: Tenisha Gadson as she blogs about her experience becoming a Charted Tax Professional. Look for […]
Completing Chapter 1 and Settling into a Routine
After registering for the Comprehensive Course, I promptly received the hard copies of the course materials. The course is primarily delivered online which is extremely convenient, but supplemental printed copies are definitely important since I like to take notes on and/or highlight important sections. They do give you PDF access to the course materials even […]
Getting Started, Setting Goals
I love learning. Given the opportunity, I will read every line of a textbook and attempt to internalize every concept. While this was perfect for most of my college courses, it doesn’t quite work for a tax course and I will have to adjust my goals accordingly. Tax return preparation is a very research intensive […]
Three Ways to Gain Repeat Business and Recommendations
Top three factors for income tax preparers to ensure your clients return and recommend you to others As an income tax preparer, your business model relies heavily on repeat business. Not only do you have to continue gaining new clients, you need to ensure that the clients you gain come back year after year. The […]
What Should Your Tax Office Include in its Non-Compete?
As a tax professional, the work you do for your clients is very customer service oriented. Good tax preparers build very strong relationships with their clients as they begin learning a very personal part of their lives: their finances. Tax preparers become very close to the people they serve and get to know many things […]
Chuck McCabe: Blue Collar to White Collar Through Tax Preparation
For many people, entering into the tax business is not something they decide to do straight out of college – it’s something they discover at a certain point in their life. This fact holds true for even our founder and CEO, Chuck McCabe. Chuck was the second out of nine children in a dysfunctional family, […]