Educational Path
To become a tax preparer in Colorado, you should:
- Obtain a high school diploma or GED.
- Take additional courses in math and business education.
- Professional organizations offer training programs for tax preparers.
Licensing and Preparation
- Becoming a tax preparer in Colorado does not need licensing.
- Determine your Colorado sales tax nexus and license requirements before doing business.
- Apply for a sales tax license if selling goods or services.
Responsibilities and Earnings
- Tax preparers prepare, submit and proof tax returns.
- Keep clients’ personal information safe and confidential.
- Tax preparation is a seasonal profession.
- Salaries for tax preparers average $56,510 yearly, with earnings ranging from $30,220 to $128,250.
Becoming a CPA
- Become a CPA by fulfilling education, experience and exam requirements.
- Colorado requires 120 credits for the CPA exam and 150 for licensure.
IRS Requirements for Paid Tax Preparers
The original text does not provide details on what the IRS requires for paid tax preparers.
Timeframe for Learning Tax Preparation
The original text does not specify how long it takes to learn how to do taxes.