There are no words that ring true dear to many of us other than “tax”. Or rather, how to calculate it when the time comes to turn in your tax for the government. This is why tax professionals and accountants are such profitable jobs. Yes, these jobs might not be as exciting as, say, professional sports players, but they still pay a lot.
What are CTEC classes?
The CTEC stands for California Tax Education Council. It is a state-mandated private nonprofit quasi-public benefit organization. The organization registers tax preparers and is the second biggest group of tax preparation professionals in the state of California.
For us, the CTEC is a godsend when you need to prepare your tax or want to file a tax complaint. This makes tax professionals one of the most profitable jobs at the moment.
The average pay of a tax preparer is $46,860, according to the Bureau of Labor Statistics (BLS). This median salary can rise if you get a second degree and develop experience, however. Furthermore, companies in higher-cost-of-living areas tend to pay tax preparers more.
How to get a CTEC certification?
To get a CTEC certification, you need a firm grasp of your tax education. This could be achieved via taking CTEC classes available in California. All compensated tax preparers in California are required to take and pass a California Registered Tax Preparer 60-hour Qualifying Tax Course. Take a look at the most trusted CTEC courses below.
CTEC 60 Hour Qualifying Tax Preparer Course – Platinum Tax School
Highlights: The Qualifying 60 Hour Tax Preparer Course extensively covers essential tax issues. It is designed for first-time tax preparers who have had no prior tax preparation training. The course is specifically designed for first-time tax preparers in California.
Descriptions: CTEC 60 Hour Qualifying Tax Preparer Course’s lessons are presented in an online EBook format. Each reading assignment is then followed by a one or two-part quiz. Your answers are submitted online and will be automatically graded. Students must complete the final exam with a passing grade of 70% or better to gain the CTEC certification.
Why you should take the course: The CTEC 60 Hour Qualifying Tax Preparer Course is optimized for beginners. It is also an online course, which allows remote learning even when you are not in California state. Plus, Platinum Tax School then reports course completions to the IRS and, if appropriate, CTEC.
CTEC Tax Preparer Program – Santa Ana College
Highlights: This CTEC Tax Preparer Program teaches basic tax ideas and applications, as well as how to prepare an individual income tax return. The California Tax Education Council has designated Santa Ana College as a qualified tax education provider (CTEC).
Description: It explains gross income, company and self-employment costs, retirement plans, itemized deductions, capital gains and losses, and tax credits. Topics such as California income tax return preparation and some California modifications are also covered.
Why you should take the course: This course has been approved by the California Tax Education Council. As a result, successful completion of the course provides students with the credentials required to apply to the State of California Department of Consumer Affairs for certification as tax preparers.
Comprehensive Tax Course – The Income Tax School
Highlights: The ITS Comprehensive Tax Course is a comprehensive, A-to-Z course that equips students with the tools and skills needed to prepare individual tax returns. There is no prior tax or accounting expertise needed for this course.
Description: This course aims to have beginners quickly get acquainted with California tax laws, as well as quickly learn the basic skills to become a tax preparer. The course is revived yearly and updated with the latest tax laws and regulations for daily work.
Why you should take the course: This course will teach students how to prepare a tax return from start to end. It is constantly updated with the most recent IRS guidelines and legislative changes to keep you up to date on the most recent tax laws. Among the primary topics addressed in this course are Filing Requirements, Types of Income, Deductions, and Credits, and Responsibilities of Tax Professionals.
Bonus: Student books inside the contiguous United States are shipped free.
A tax professional can help people in avoiding mistakes and ensure that their taxes are properly prepared. In other words, it saves them lots of money doing taxes.
If the tuition of these courses is too intimidating for you, try using other offered CTEC classes to lower your purchase as much as possible.
From our recommended classes above, you will get to know about how to get your start in this super-profitable field of the job? Learn how to become a tax professional from the top CTEC classes below.