I was thinking of working for them while in grad school. I know it probably varies according to the locale, but how much do preparers make at places like these?
2007-12-18 13:42:24 · 8 answers · asked by Elizabeth S 6 in Business & Finance ➔ Taxes ➔ United States
H&R Block tax associates are paid on a 'draw vs comission' basis. You are paid an hourly rate, which varies based on where you live, the experience you have, and how long you've been with the company. You are also paid a percentage of the price of each tax return. So, for example, if your percentage is 10% (I use easy numbers so I don't have to do math), and your total 'sales' were $50,000, your portion of that is $5000. If at your hourly rate, you earned $3000 during tax season, you would then get a 'bonus' of $2000. your hourly rate can (and usually does) increase from year to year, which again depends on the complexity of the returns you do and the number of clients you serve. (More complex returns are more expensive).
The initial hourly rate for first-year tax professionals varies greatly depending on the area in which you live. Where I am, the $7.50 we pay is appreciated - it's higher than other similar positions. But $7.50 in New York or San Diego would drive employees out the door.
Call your closest office and ask to be contacted by the District New Hire Coordinator or District Manager. They'll be able to tell you what the rate is in your area. Or, e-mail me and I'll be happy to answer any further questions you might have.
2007-12-19 04:37:45 · answer #1 · answered by Katie Short, Atheati Princess 6 · 0⤊ 0⤋
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You are asking which is the better company to work for. If you are already trained, look into working for a local company such as a CPA or an Enrolled Agent. You will get well-rounded experience and probably better pay. If you are just starting out, H&R has had the best training for years but JH is making strides and there may not be much difference now. Neither of these two major chains is likely to offer you full-time employment. Smaller firms may well do this.
2016-04-07 00:25:31 · answer #2 · answered by Yesennia 4 · 0⤊ 0⤋
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RE:
How much do companies like Jackson Hewitt and H&R Block pay?
I was thinking of working for them while in grad school. I know it probably varies according to the locale, but how much do preparers make at places like these?
2015-08-18 23:37:27 · answer #3 · answered by ? 1 · 0⤊ 0⤋
Don't know about JH but Block pays a base hourly rate (I think about $8.50?) then at the end of the season they give you a commission based on volume, product sales things like that. They subtract how much they paid you in the hourly wage and give you a bonus check for the remainder (if any) the first of May. If your hourly comes out to be more than your commission (which is likely your first year or two) then you received the hourly pay as your pay. It is seldom full time work, depending on where you live. In my district, unless you are exceptional, you will only work about 6 weeks of the 14 week season your first year.
2007-12-18 14:01:38 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Closest H&r Block
2016-10-04 07:03:00 · answer #5 · answered by marcom 4 · 0⤊ 0⤋
Not much unless you are a accountant for them. Anybody that is trained can do what they do.
2007-12-18 13:46:11 · answer #6 · answered by chicken2008 5 · 1⤊ 1⤋
they charge (and you earn) based on the degree of difficulty of the returns you are preparing. There is no "one size fits all" answer to this.
2007-12-18 13:46:35 · answer #7 · answered by Mike 7 · 0⤊ 1⤋
Wow, Thank you! I was asking myself the same thing the other day
2016-08-26 12:36:34 · answer #8 · answered by patria 4 · 0⤊ 0⤋
Good question, hope you find the right answers
2016-07-30 10:11:01 · answer #9 · answered by ? 3 · 0⤊ 0⤋