Internship

Apply Now

Description

  • INCOMPLETE APPLICATIONS WILL NOT BE REVIEWED**
  • Prepare tax returns for individuals or small businesses.

Annual renewal of a PTIN is required. Tax preparers must provide evidence of completing 15 hours of RTRP continuing education. The courses must comprise at least 3 hours of federal tax law updates and 2 hours of registered tax return preparer ethics. The remaining 10 hours must consist of federal tax law topics.

We have the ability to provide you with access to obtain your CE credit. www.exammatrix.com/alphaomega

Registered Tax Return Preparers are also required to comply with Circular 230. The Circular 230 revisions also require an RTRP to meet the standards of all tax practitioners to have "substantial authority" in order to consider a tax position as reasonable.

Previous income tax preparation experience WELCOME..

DUTIES
  • Check tax returns prepared by experienced tax pros. (good way to learn)
  • Compile taxpayer information necessary to prepare tax returns.
  • Enter clients' tax return data into tax software program.
  • Prepare tax returns for review by experienced tax professionals.
  • Sit in on meetings with tax preparation clients. (learning experience)
  • Prepare state income tax returns. (local and out-of-state)
  • Conduct tax research.
  • Study the tax or accounting firm's policies & procedures.
  • Answer basic tax questions for taxpayers who call the office.
  • Conduct tax client interviews after gaining experience and confidence

    Reviews financial records, such as prior tax return forms, income statements, and documentation of expenditures to determine forms needed to prepare return.

    Interview client to obtain additional information on taxable income, deductible expenses and allowances.

    Computes taxes owed, using computer and or adding machine, and completes entries on forms, following tax form instructions and tax tables.

    Consults tax law handbooks or bulletins to determine procedure for preparation of atypical returns. Occasionally verifies totals on forms prepared by others to detect errors of arithmetic or procedure. Calculates form preparation fee according to complexity of return and amount of time required to prepare forms.

    • Abilities

    Updating and Using Job-Relevant Knowledge, Organizing, Planning, and Prioritizing. Assisting and Caring for Others. Making Decisions and Solving Problems. Communicating With Co-Workers, and teaching clients tax laws as they apply to their personal taxes.

    Qualifications

    Qualifications of Interns from Alpha & Omega Tax School

    Ability to learned how to correctly prepare federal income tax returns (and, state tax returns in states that regulate tax preparers). The types of tax returns the student is qualified to prepare are listed below based on level of tax courses completed. Most interns will have completed the Comprehensive Income Tax Course and prepare for the RTRP study exam, then you will be moving on to the advanced individual and small business courses indicated below (complete course descriptions can be found on the website).

    • Basic Income Tax Course: Qualified to prepare all tax returns that can be filed on Form 1040A (and 1040EZ), plus basic Form 1040 tax returns including Schedule A (Itemized eductions, Schedule B (Interest & Dividends) and Form 2441 (Child Care). The Basic Course also covers IRS e-filing, Due Diligence and client interviewing.

  • Intermediate Income Tax Course: Prerequisite: Basic Income Tax Course or equivalent knowledge demonstrated by an exam. Basic and Intermediate combined constitute the Comprehensive Course (described below). Qualified to prepare returns at the entry level for individual taxpayers filing Form 1040 and all schedules and statements related to Form 1040, including basic Schedules A, B, C, D & E and all related Schedules and Statements.
    • Comprehensive Income Tax Course (Basic and Intermediate Courses combined): Qualified to prepare returns at the entry level for individual taxpayers filing Form 1040 and all schedules and statements related to Form 1040, including basic Schedules A, B, C, D & E and all related Schedules and Statements.

  • Advanced Level I Income Tax Course: Qualified to prepare more complex individual income tax returns.
    • Advanced Level II Income Tax Course: Qualified to prepare the most complex individual income tax returns, including Form 1040NR (Nonresident Alien) returns that are typically prepared by CPAs and EAs.

  • Small Business Level I Income Tax Course: Qualified to prepare more complex Schedule C sole proprietorships and basic small business returns filed on Form 1120 Corporation and Form 1065 Partnership.
    • Small Business Level II Income Tax Course: Qualified to prepare Schedule F Farm Returns and more complex small business returns filed on Form 1120 Corporations and Form 1065 Partnerships typically prepared by CPAs and EAs.

  • Check tax returns prepared by experienced tax pros. (good way to learn)
  • Compile taxpayer information necessary to prepare tax returns.
  • Enter clients' tax return data into tax software program.
  • Prepare tax returns for review by experienced tax professionals.
  • Sit in on meetings with tax preparation clients. (learning experience)
  • Prepare state income tax returns. (local and out-of-state)
  • Conduct tax research.
  • Study the tax or accounting firm's policies & procedures.
  • Answer basic tax questions for taxpayers who call the office.
  • Conduct tax client interviews after gaining experience and confidence

    Reviews financial records, such as prior tax return forms, income statements, and documentation of expenditures to determine forms needed to prepare return.

    Interview client to obtain additional information on taxable income, deductible expenses and allowances.

    Computes taxes owed, using computer and or adding machine, and completes entries on forms, following tax form instructions and tax tables.

    Consults tax law handbooks or bulletins to determine procedure for preparation of atypical returns. Occasionally verifies totals on forms prepared by others to detect errors of arithmetic or procedure. Calculates form preparation fee according to complexity of return and amount of time required to prepare forms.


    • Apply Now
    Feedback Loading...