CPA or EA
CPA or EA will be needed to provide professional services, including but not limited to tax preparation. For example, tax preparation services shall consistent of:
- Informing clients or employers on the tax preparation process
- Collecting relevant financial records from clients, including W-2, 1099s, etc, and Balance Sheet and Income statements for business clients.
- Inputting data from financial records into tax return software (Drake Soffware) or other databases
- Using applicable federal, state, and local tax law to determine deductions and how much each client will pay or earn on the return
- Preparing tax returns for Individuals, Corporations, SCorps, Partnerships, Estates, and Trusts, based on experience and training Completing and filing (if applicable) tax documents with appropriate agencies, like the IRS, state, and local government entities, and Acting as a representative for clients with applicable agencies as required
- Auditing account details, reconciling bank statements and entering adjusting journal entries with Quickbooks Online and Desktop versions to determine income and expenses
- Building customer relationships to promote and expand the business Keeping clients abreast of... the status of their tax return This role may also consist of the following: Consulting with clients to develop a basic understanding of their financial affairs and the scope of their tax liabilities (as applicable to level, training, and experience)
- Reviewing previous tax returns and financial documents to identify missing or incomplete information or documentation. Review all supplied financial information for accuracy using the Drake Tax software or system to prepare tax returns. Calculating taxes owed or refunds due to client; consulting tax law publications for guidance on unusual situations
- Reviewing, finalizing, and printing tax returns from junior tax preparers and presenting finished returns to CPA partner for client meeting.