What Kind of Certification Should I Get to Be a Tax Return Preparer?

Once you are sure you want to be a tax return preparer you should strongly consider some type of professional licensure. It's a big step, but it lets your clients know you are serious and dedicated. You don't necessarily need it to get started, especially if your clients are family and friends, or if you are working for someone else, under their license or certification.

In my opinion, it may be easier to study for these exams once you have some actual tax preparation experience under your belt. You'll already be familiar with some of the terms and issues, so it will be easier to digest the volumes of material you'll be tested on.

The two most highly regarded licenses are "Enrolled Agent," and Certified Public Accountant.

Click here to find out the benefits of each and why the CPA license can put you at a disadvantage in certain circumstances.