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 School 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 School) 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.
You want to talk numbers of how much it costs to become a tax preparer? Then let’s talk numbers:
$177 for Pronto Tax School’s Basic Class
$64.25 to get your PTIN from the IRS
$50 for a Tax Preparer Bond
$25 to register with CTEC
$316.25 Total Cost to Become a Professional Tax Preparer
Yes you read that right, no that is not a typo; you can become a tax pro for $316.25 total.
If you live in a state other than California, you can remove the $50 bond and the $25 CTEC registration, and lower your initial investment all the way down to 241.25.
Becoming a Tax Preparer Is an Easy Investment to Recoup
With the average tax preparation fee at the major tax prep chains in 2011 at around $200, anyone can easily do the math and see that any graduates of Pronto Tax School should not have to do that many tax returns to recoup the investment of $316.25 to become a tax preparer.
We don’t lie to our students like too many other education product salespeople do and tell people that everyone who takes our course is going to make thousands of dollars per day while only working as little as 10 minutes per day from home in your underwear.
Competition in the tax prep business can be a factor and frankly there are people who become tax preparers who never get paid to prepare one single tax return.
However, there are many fewer people that become tax preparers and never get paid to do a tax return than:
— Go to an expensive college, but still have a really hard time getting even an entry-level job
— Go to trucking school, but never get paid a single dollar to drive a truck
— Go to law school, but never get paid a single dollar to be an attorney
Ask around, there are loads of people who pay tens of thousands of dollars for job training that never earns them a single dollar! Even if you’re a tax preparer who only ends up doing 10 tax returns at $50 bucks each in your entire career, you would still have nearly doubled your money on your original investment.
Not to mention that something(s) you learn in Pronto Tax School will likely save you a WHOLE LOT MORE THAN $316.25 when you apply your newfound tax expertise to your own tax return.
Becoming a tax preparer can have positive return-on-investment (ROI) even if you are one of those tax preparers who never actually gets paid to do other peoples’ taxes, just because what you learn about the tax system in our course will likely save YOU money on your own taxes.
Of course we are not advising you to take our course and then not get paid to do taxes, we are just saying that the achieving positive ROI on your become a tax preparer investment is very easy relative to other career training programs that are out there today.
Low Cost Is Low Risk When It Comes to Career Training
If you’re looking for a new opportunity, it’s kind of like shopping for a new car: the career (or the car) you want, you may not be able to afford it right now. So you have to find something that you can afford, but that is not a complete embarassment.
The great thing about becoming a tax preparer, in our opinion, is that it’s so low cost, this means that it’s low risk. You don’t have to spend years in school, take out exhorbitant student loans, and pay tens of thousands of dollars for your schooling.
You just have to buy Pronto Tax School’s Basic class and then pay the other costs named above to finalize the process. It’s not expensive and it can be done quickly. We had a student the other day who completed our course in three days, now that is what we call Pronto!
Low cost, low risk, and potentially high reward in a variety of different ways–that’s the appeal of becoming a tax preparer. It’s like buying a cheap car that actually runs! No, Pronto Tax School is not right for everyone, but if you’re looking for low cost job training, we aren’t aware of any other options that are less expensive than becoming a tax preparer.
If you find more affordable job training programs than becoming a tax preparer with Pronto Tax Class, please let us know, as always we would love to hear from you. Thank you for visiting our Pronto Tax School blog!