2006-11-20 03:38:42 · 4 answers · asked by mbckarenp 1 in Business & Finance ➔ Taxes ➔ United States
Anyone can do it, but if any of your clients get audited you cannot represent them unless you are an attorney, CPA or Enrolled Agent.
Anyone who prepares tax returns for a fee is bound by Circular 230.
2006-11-20 08:37:18 · answer #1 · answered by skip 6 · 0⤊ 0⤋
Unfortunately, just about anyone can hang a shingle and be a tax preparer. Most states and the federal government do not have any licensing requirements. That is going to change in the near future.
2006-11-20 03:43:39 · answer #2 · answered by Wayne Z 7 · 0⤊ 0⤋
You can do it if you know you have a sufficient knowledge on tax issues. However, IRS requires that tax preparers provide due care in tax preparation. This means you need to prepare the return if you have a sufficient knowledge. This issue will be kicked in when IRS has questions on the tax return you have prepared. Good luck.
2006-11-20 05:21:17 · answer #3 · answered by WiseJ 2 · 0⤊ 0⤋
Well I checked online and found this website
http://www.taxcoachsoftware.com/index1.htm
You can check it out. Has tonnes of info..also you can check
www.entrepreneur.com
Has alot of guidelines on how to start a business
2006-11-20 03:49:51 · answer #4 · answered by jrema 2 · 0⤊ 0⤋