How to Get a Tax License

If you’re thinking about getting a tax license, you’re on track for a lucrative addition to your career. Becoming a certified Professional Tax Preparer is an excellent step toward a satisfying financial future. Many people obtain their tax license and use it as a stepping stone to other opportunities, such as owning a tax services business. Simply including tax preparation skills on your resume and getting a tax license is an excellent pathway for advancing your current career.

Universal Accounting leads the way in small business tax training and is approved by the California Tax Education Council (CTEC) to offer the Professional Tax Preparer (PTP) certification as a distance learning course in California. Universal Accounting offers a money-back guarantee. If you aren’t satisfied with your tax preparation course, you can simply return your materials and receive your money back.

What Is IRS Tax Certification?

An IRS-certified tax preparer has unlimited rights to represent their clients in front of the IRS. Because IRS preparation is detailed and constantly changing, IRS-certified tax preparers can help clients better navigate the complexities of the system, including tax payments, audits, and preparing appeals in the event of an IRS error. Certified tax preparers are consultants who have a right to be paid for the work they perform for clients.

When you choose a reputable tax preparation certification course, it will include current information on tax laws. It will also prepare students for changes in tax laws for the upcoming years. The course will train students in state and federal tax forms and how to prepare them accurately.

I Want to Become Certified: What’s Next?

Tax preparers don’t have to be IRS-certified to work with clients and be compensated for their work, but certification is the best route to take if they plan to pursue a career in the field. Not only can certification increase future salaries and add more opportunities to the table, but it can also increase demand for services.

Certification is possible through IRS-approved educational training courses. Those interested in taking the next step in certification can find official courses listed on the IRS website. It’s essential to ensure the IRS has vetted the courses to make the certification official in the government’s eyes.

Luckily, modern technology has made hands-on tax preparation education more accessible and flexible than ever before. Online courses are a convenient way to enhance education while juggling family life and work responsibilities because they are available on-demand, day or night.

After you make the choice to pursue your tax license, it is time to find the program that is right for you, aligns with your goals, and is within your means.

How to Choose a Program

Students pursuing an IRS certification should keep a few things in mind when searching for a program. First and most importantly, the educational provider has to be listed as an IRS-approved course provider. Other aspects include:

  • Official “PTP” designation
  • Educational tuition assistance if necessary
  • Individual counselors
  • A timeline that aligns with their goals
  • Business coaching after completion

These aspects will help students set themselves up for success in the next phase of their careers.

Partnering with an organization such as Universal Accounting is an intelligent way to get started with a training course that encompasses all the aspects of a great program and is IRS-approved. The Professional Tax Preparer certification is a self-paced online training to prepare personal and business taxes and prepare students for the IRS’ enrolled agent (EA) exam.

The best certification programs support students after completing courses by partnering them with coaches and mentors with real-world experience. This additional training is invaluable to those looking to grow in the profession. The teachers and coaches at Universal Accounting know what it’s like to be successful tax preparers because they have experience in the field.

Reasons to Consider an Online Program

When students choose online tax education courses, like those offered by Universal Accounting, they can expect to learn via workbooks, videos, and various other reference materials. High-quality online courses are cutting edge and will include many elements of visual learning, as well as self-paced. This means you can return to materials and watch them again if needed.

Universal Accounting also offers instruction provided by experts in the tax and accounting fields. Students can expect to participate in real-world scenarios, which will help them prepare them firsthand for what it’s like working in the field.

What Happens After I’m Certified?

After certification, the next step is to receive recognition from the IRS. The first step will be an IRS preparer tax identification number, or PTIN. Registration is simple—visit the IRS website and register online for the PTIN in about 15 minutes. The application takes between four and six weeks to process. Once the number is official, certified tax preparers can use the number on forms and market themselves to clients as IRS-certified. This designation tells clients they will receive exceptional service and confidentiality and tells the IRS the tax preparer understands the complexities of their business.

In addition to the PTP and PTIN number, many tax preparers take an extra step to affiliate themselves with professional organizations. These memberships can carry weight for business owners running their firms or on resumes. Some of these include:

  • National Association of Tax Professionals
  • National Society of Tax Professionals
  • American Academy of Attorneys
  • American Institute of Certified Public Accountants
  • National Society of Accountants
  • National Association of Enrolled Agents

These organizations are very picky with memberships and are an excellent way to show commitment to excellence in the field.

Ready to Get Licensed? Contact Us Today!

If you plan to grow in your career or start your own accounting business, certification is an essential part of the accounting and tax preparation industry. The extra step establishes credibility and trust that will far outweigh the costs.

Tax preparation will always be in demand, and Americans dreading tax season each year will appreciate a professional in their corner. Start your certification journey today. Contact Universal Accounting for more information.

Mitul Mehta, From a Kid Who Loved Numbers To CPA

Although his parents wanted him to become a doctor or lawyer Mitul Mehta was drawn to numbers. Imagine writing code before you were a teenager.

Although Mitul received his degree in accounting his career path went the route of technology and consulting. Imagine that background leading up to his wife starting her business and asking him to take care of the books.

Now Mitul has a thriving accounting business offering traditional accounting services coupled with technology and consulting.

Listen as Roger Knecht, president of Universal Accounting Center, and Mitul Mehta (https://www.cpa-mehta.com/) discuss his business, the advice he has for others as well as the future of accounting.

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Why Accounting Courses Lead to Great Work From Home Jobs

Accounting Courses Can Pave the Way to Working From Home

Accounting is one of the most crucial industries in the United States. Every company, big or small, has some kind of in-house accounting department or outsourced accounting services to professional accountants or accounting firms. Recently, accounting has grown more flexible as telecommuting technology has made remote work more feasible for many accounting professionals across the country.

If you have worked in a corporate accounting department, want to start an accounting career with a big company, or want to develop your own accounting business, online courses can streamline your career path. Universal Accounting will arm you with the training and tools you will need to build a successful career. We offer a full range of accountant courses online that can help you build a career or advance your existing career path faster than you might expect. You could also develop the skills you need to start your own accounting business and work from home in a fulfilling and lucrative career.

 

Why Work in the Accounting Industry?

No matter how other industries evolve over the next several decades, every business will always need professional bookkeeping, tax preparation, and business accounting services. As more companies outsource their accounting needs rather than develop in-house accounting departments, independent accounting professionals are uniquely positioned to cultivate strong careers, offering accounting services to clients of all sizes, from other independent contractors to local businesses of varying sizes.

If you are interested in augmenting your accounting experience so you can start your own business, accounting courses online can become the groundwork for a successful career. This is especially true if you are interested in being your own boss and working from home. Remote work is easier to manage than ever before thanks to the variety of communication and project management software available today.

 

Learn and Work From Home

Working from home offers an unmatched level of freedom and flexibility, but it comes at the price of managing your own business affairs. Unlike working in a corporate accounting department, a home-based accounting professional will be responsible for drumming up your own business, maintaining a client base, marketing your business, and managing your own operating expenses. However, the work you put into it will be well worth it, and accounting classes online from Universal Accounting can provide the certification, training, and additional tools required to build a lucrative and rewarding career as a professional accountant.

You might wonder how to go about earning the accounting certifications you need as well as the business training to manage a home-based accounting business effectively. Universal Accounting offers accounting classes online that provide the tools and training to start a career as a home-based accounting professional.

 

Benefits of Working From Home

Working from home is an attractive option for professionals in several industries. In the accounting world, working from home means freedom and flexibility, and some surprising benefits you may not have considered:

  • Working from home means doing your work on your own terms. While you need to fulfill your clients’ needs to their specifications and fulfill your legal and regulatory obligations, you generally do not need to worry about invasive micromanagement and other common complaints of the corporate world when you operate your own accounting business from home.
  • Working from home in a one-person operation means there is no need to worry about interviewing, hiring, training, payroll, or any of the other considerations that come with hiring staff.
  • You can grow the business as you see fit. Do you want an easily manageable small list of clients for a steady stream of extra income, or do you have a vision of growing your one-person operation into a full-fledged accounting business in the future? When you work from home, you decide how much work to put into running your business and how much you want it to grow.
  • Manage your personal life more easily. When you work from home, there is no need to worry about commuting or dealing with stressful office dynamics. Save money on childcare costs if you have young children by watching them yourself and spending more time with them while you work from home. You can also take vacation time whenever and for however long you want, just let your clients know about your availability when you need to take some time off.
  • You’ll have minimal operating expenses. You will need to have a comfortable space to work, the software necessary to complete your clients’ projects, and a space to meet with clients in person if you plan to take client meetings in your home.

Working from home can be an incredible experience. It keeps you flexible enough that you can use your experience working from home to augment your resume if you ever decide to pursue a position with a big company or work outside of the home in another capacity. Online courses can streamline the certification process and equip you with the skills and tools to navigate the professional accounting industry successfully, regardless of what your career plans might entail.

 

Enhance Your Career With Accounting Courses Online

Many people who work from home cannot imagine returning to nine-to-five positions and thoroughly enjoy being their own bosses. If this sounds like the type of working arrangement that would work for you, consider the return on the investment you could see from taking accounting courses online. Instead of juggling a traditional classroom schedule at a local school with your existing work and family schedule, Universal Accounting offers robust, streamlined accounting courses you can take online.

When you choose Universal Accounting to start your home accounting business, you will have access to individual coaching, marketing guidance, and a comprehensive selection of courses that can enhance your accounting career and empower you with the tools to cultivate a successful accounting career working from home. You will have the freedom to take your career in whatever direction you choose, whether you dream of expanding into a larger operation or if you prefer to remain a one-person operation offering close dedicated accounting services to a select group of clients. If you are interested in working from home as an accountant, contact Universal Accounting today at (877) 833-7909 for more information about our accounting classes online.

How to Start a Tax Preparation Business

Your Guide for Starting a Home Tax Preparation Business

If you have any interest in a career as a tax preparation professional, it’s important to know that you aren’t stuck with the choice between working for a large accounting company or at a local branch of a nationwide tax preparation service. It’s possible to have a lucrative and fulfilling career as a work from home tax preparer if you have the right credentials and experience. Working from home offers tremendous freedom and flexibility. If you want to start a tax preparation practice out of your home, you should have some idea of what to expect.

 

Why Start a Tax Preparation Practice From Home?

Tax preparation is a field that offers job security. With compound annual industry growth and a consistent need for tax professionals nationwide, a certified tax preparer will never be out of work for long. While a tax preparation professional can likely find a job at one of the thousands of tax preparation services operating in the United States, many modern tax preparers are opting for opening their own home-based practices instead. In fact, out of the more than 80 million tax returns prepared each year, only about 23% go through tax preparation company franchises. The vast majority of Americans who file tax returns prefer to work with smaller tax preparation companies, most of which have less than ten employees.

To start a tax preparation business from your home, finding clients is your first priority. Even outside of tax return season, many home-based tax preparation professionals offer their clients a wide range of tax-related services, from managing their business taxes to navigating various tax-related issues through the Internal Revenue Service or state revenue departments. However, the availability of clients is just one of the reasons many modern tax professionals are choosing to work from home. This type of working arrangement offers several distinct benefits:

  • A work from home tax preparation professional can set his or her own schedule. Work as hard as you want, as often as you want, with as many clients as you want once you put in the necessary effort to attract a client base.
  • Working from home makes it much easier to manage work-life balance and handle family life. A tax professional working from home can provide in-home childcare and not have to worry about the expenses of daycare.
  • A work from home tax preparer has minimal overhead. To start a tax preparation business out of your home, you need to obtain the necessary software, office supplies, and technology to do your work, but you won’t need to worry about additional property expenses that would come with owning office space or payroll for employees.
  • You can grow in the future. If you want something more than just a side gig for extra income and dream of expanding your practice beyond a one-person operation, your experience working from home can empower you for your professional future.
  • Working from home remotely allows you to provide tax preparation services to clients outside your local area, offering even more opportunities to expand your practice in the future.
  • All you need when it comes to office space is room in your home to do your work efficiently and a clean, comfortable area to meet with clients in person.

Of all the incredible benefits of working from home, perhaps the best is a complete freedom and day-to-day flexibility that comes when you start a tax preparation practice in your home.

 

Get Your Home Tax Preparation Business Started the Right Way

Running your own tax preparation practice does come to the responsibility of finding your own clients, managing your own expenses, and truly being your own boss. You need to ensure you have adequate resources for handling your clients’ needs. This includes office equipment, communication technology, and the necessary software for handling each client’s individual tax-related issues.

You also need to prepare your home to accommodate your business. This is easier for some than others, but ultimately you just need a quiet and comfortable workspace and a place to meet with clients if you plan to meet with them in person. You may also need to upgrade your tech; the right software, a newer computer, and a quality printer are crucial.

If you work with clients from your local area, you’re going to need the appropriate forms for filing local, state, and federal tax returns for them. You will also need to handle your own business expenses and tax obligations. To grow your tax preparation practice beyond a one-person operation, you can delegate these responsibilities to other employees. To become more financially stable, you may want to handle these tasks yourself.

Before you can start working from home as a tax preparer, you need to complete the necessary coursework to obtain your tax preparation certification. Depending on where you live and where you plan to practice, you’re going to need to navigate federal as well as state-level requirements. Having some professional guidance in this regard can be a tremendous asset and help you streamline the process of getting your work-from-home tax preparation business up and running. You may also need assistance completing your certification, and Universal Accounting can help.

 

Complete Required Coursework and Certification With Expert Assistance

When you first start working from home as a professional tax preparer, your first clients might be friends, family members, and neighbors, but you could quickly expand to helping other local business owners with their tax-related issues. Having the right certification is a necessity for opening such a business, but going a step further and learning how to truly take charge of your business can make working from home more efficient and rewarding.

Universal Accounting offers a wide range of courses designed to empower you as a business owner. Unlike other tax preparation courses, you can complete the Universal Accounting tax preparation course in a matter of weeks instead of months and hit the ground running with the tools you need to guide your tax preparation business into the future.

Whether you want to supplement your income by providing tax preparation services out of your home or grow into a larger business in the future, Universal Accounting offers the courses and tools you will need for success. Call us today at (877) 833-7909 for more information about our tax professional courses and how we can help you start working from home as a professional tax preparer.

How to Start an Accounting Business

Tips for Starting Your Own Accounting Business

Are you interested in taking your accounting experience further? Does the idea of starting your own business and working from home sound enticing? Accounting is one of the most flexible fields when it comes to working situations; it’s possible to land a position at a large accounting services corporation or an established local accounting company. It’s also possible to develop your own client list and become a one-person operation, offering professional accounting services to a select few. Universal Accounting offers a range of accounting courses designed to help you secure the accounting job you want or start an accounting business on your own.

 

While many accounting professionals find rewarding and fulfilling work as employees of established companies, many others are discovering the value of the flexibility and sense of ownership that comes with starting a business at home. Working from home may require more work than just accounting services; you will need to build a client list, manage your business expenses, and file the appropriate business and tax paperwork with the appropriate local, state, and federal agencies. Most accounting professionals who decide to work from home find these additional responsibilities to be well worth the effort.

 

Why You Should Consider Starting Your Own Accounting Practice

Modern life may be incredibly fast-paced and over-saturated with technology, but technological advancements have also made it easier than ever to stay connected with others and to do professional work remotely. Companies in various industries have started relying more heavily on telecommuting over recent years, attracting top talent from well outside their local areas by offering them the tools to do their work remotely on their own schedules. This flexibility is great for businesses and even better for individuals for several reasons:

  • Working from home enables you to more easily balance your career and personal responsibilities.
  • If you work from home managing your own business, your personal success hinges on the effort you put into your accounting practice.
  • You always have room to grow. If your accounting business really takes off, you could secure a high-paying position at a large accounting firm thanks to your experience or eventually open up your own local accounting practice and hire a few employees to handle more clients.
  • For accounting professionals with young children, working from home can offer peace of mind and save a surprising amount of money considering the cost of daycare.
  • When you manage your own accounting practice yourself from home, you have the freedom to work whenever you want, as hard as you want. You don’t need to juggle vacation time or paid time off to manage things like illness or family events; simply let your clients know when you’re available.
  • Working for yourself from home will empower you with invaluable business management experience.
  • As you grow your client list for your home accounting business, you will develop business contacts that can become friends and professional assets in the future.

Ultimately, starting your own accounting business and working from home offers you the chance to be your own boss and grow your business on your own terms.

 

Starting Your Home Accounting Practice the Right Way

One of the most common causes of small businesses failing is the owner failed to take full account of all the expenses tied to opening a business and keeping it running. Payroll, overhead, property leasing, utility bills, and countless other expenses can quickly pile up without a steady stream of customers or clients. When you open your own accounting practice out of your home, you generally don’t need to worry about many of the most common expenses most other small business owners face.

Since you’ll be working from home, you don’t need to invest in business property or lease an office. This is an option for the future if your business grows. For now, you just need a clean, quiet space to work and perhaps meet clients. Most modern accounting professionals will work almost entirely remotely, but if you plan on meeting with clients in person, make sure you have a comfortable space where you can go over the work you’ll be performing for them.

 

Prepare for Your Expenses and Tax Obligations

It costs money to open and run any business, even if you are your one and only employee. Expect to pay for a business license and the appropriate local and state licenses. You also need to prepare some type of marketing budget. Unless you already have people asking you for accounting services, you need some way of finding your first clients. Advertising locally is generally the best route for new accounting practices, and you can also offer your services to friends and family; they may not only take advantage of your services but also introduce you to new clients.

Overhead for a home accounting business can come in many other forms, including the software you need to handle client orders, a functional and reliable computer and phone system that empowers you to do timely and accurate work, and office supplies. You should also prepare to invest in a quality printer, as accounting work generally involves working with lots of different forms and documents. You can manage most of your documentation digitally, but paper copies are a necessity for many accounting projects. Finally, you also need to invest in your own professional development.

 

Complete Your Education

For your home accounting practice to succeed, you need to be able to attract and retain clients. Your qualifications as a professional accountant are crucial for not only maintaining clientele but also performing your work admirably and keeping your clientele satisfied. Whether you want to open an accounting practice out of your home as a side business for extra income or to transition to working from home as your full-time career, Universal Accounting offers a wide range of courses designed to help you get your accounting firm off the ground.

Universal Accounting can provide you with the tools to attract and retain new clients so you can start earning what you deserve for the good work you do. We offer a proven turnkey solution for building an accounting business out of your home. Call Universal Accounting today at (877) 833-7909 for more information about the accounting courses we offer and find out how we can help you start working from home as a professional accountant.