You’re an ‘INJURED SPOUSE’ if your share of the refund on your joint tax return was (or is expected to be) applied against a separate past-due debt that belongs just to your spouse, with whom you filed the joint return. This can be a federal debt, state income tax debt, state unemployment compensation debt, or child or spousal support payments.
When the IRS applies your refund to one of these debts, it is known as an “offset.” If your refund has been offset, you should receive a Notice of Offset from either the IRS or the Department of Treasury’s Bureau of the Fiscal Service letting you know that the IRS used all or part of the refund to pay a past-due debt.
However, if you’re not legally responsible for the past-due amount, you may still be entitled to receive your share of the refund.
Since just about every working person needs to file taxes annually, this is the perfect WORK FROM HOME JOBS opportunity without incurring a lot of overhead, if you do not want to. This also allows you to take advantage of a lot of business deductions on your own personal tax return as well.
Becoming a tax expert is more than just doing taxes. It’s about building relationships with people. You will earn their trust as you begin to teach your clients the best way to save money all year round by showing them what tax deduction and credits benefit them the most to keep more of their hard earned money in their pockets and legally shield it from being taxed by the IRS using the IRS code given to US citizens to help them financially.
A lot of people are scared of the IRS. We are here to ease your fears and show you that the IRS tax code was made with you in mind. The government wants to be a partner with its citizens that why all the deductions and credits are given to them. This becomes extremely important when you make the shift and begin to own a business. There are many wealth building strategies inside the tax code to help you keep and build your wealth if you use it appropriately.
You can become certified in the preparation of individual and business tax returns in as little as 4 to 6 weeks. It just depends on how fast or slow you decide to set your pace going through the training program. Your expertise comes in as you continue your education over the years ahead staying on top of new and ever-changing tax laws and legislation and preparing taxes for your clients and helping them to plan for taxes appropriately.
Tax preparation not only gives you the ability to work from home, which a lot of people have to do as a mandatory thing right now due to the covid-19 pandemic, but this also give you the ability to make a very good income in the 4 months of tax season. It doesn’t have to stop at April because those who also do small business taxes work year round greatly increasing their income capacity.
The average cost that a professional tax preparer is charging for individual tax returns is about $300 in the year 2020. Just think, if you did 100 individual tax returns from January to April, you would gross $30,000. Some people do not make that in a year! You just did that in 4 months! This is not even mentioning doing business taxes for the self employed and small businesses which average starting at $500 up to $1,500 depending on their business structure and forms used. Just think if you did 20 schedule C business tax returns at $500 per return, that is $10,000.
This profession pays very good, especially when you truly care about your clients and helping them save as much money as possible. Let me tell you, this skill is one that everyone should have. I have been preparing taxes since my active duty days in the Navy in January 2000. This skill will allow you to live a very good life, especially if you learn how to budget your income for the year and make investments into other things like real estate. Real Estate is a major tax benefit for those who understand and know how to work within the tax code.
Become a Certified “Professional Tax Preparer” with Tax Training School approved by the IRS to give “PTP” designation credentials.
START TAX SCHOOL TODAY! Click link below to get started.
Universal Accounting Center offers professional tax training options that get you where you want to go, whether you prepare a few returns or many you need learn the tips and tricks to become the tax expert. Become a certified Professional Tax Preparer (PTP), and upgrade your professional skills along with the (PTP) designation to prove it.
You can get your Professional Tax Preparer (PTP) designation, or just learn the ABCs of tax preparation. We also have webinar training for specific subjects to increase your skills and knowledge.
Our training is different is many ways:
Hands-on and practical – you learn by actually doing – pencil to paper.
Industry specific – our tax courses include training on unique aspects of accounting for the individual and businesses.
Quick – You can complete the entire tax training in 72 hours or less. Most students finish within 30 days.
On-line testing to assess how well you learn.
Get trained and certified as a Professional Tax Preparer for individuals and small businesses. Learn how to do tax planning for your clients as well. Learn how to start and grow your own tax preparation business and get and retain clients from year to year. Earn the Professional Tax Preparer™ Certification (PTP).
PAYMENT OPTIONS: If you cannot effort to pay the full tuition upfront of $2,619.00 for this certification, you will be able to put down a small down payment of less than $300 and set up monthly payments so you can start today.
Professional Tax Preparer Program. Get trained and certified as a Professional Tax Preparer (PTP) with a proficiency to prepare and process individual and business returns. Start and grow your own successful tax preparation service today!
