Top 5 Reasons NOT To Become A Tax Preparer (+ Live Q&A)

In this video, Alexander Efros, MBA, EA, CPA, CFP® from Efros Financial discusses the Top 5 Reasons NOT To Become A Tax Preparer!

NOTE: The Efros Financial Power Hour live stream will begin at 7:00PM PST (10:00PM EST) on Wednesdays starting on 8/24/2022! Bring your questions, tell your friends, and let's talk finance! :D

Watch the video "Top 5 Reasons To Become A Tax Preparer" here:    • Top 5 Reasons To Become A Tax Prepare...  

Top 5 Reasons NOT To Become A Tax Preparer

0:00 - Introduction
1:20 - Reason #1 - Ever-increasing complexity of the tax code.
6:47 - Reason #2 - Last minute/retroactive changes to tax laws made by Congress and other governing bodies.
15:38 - Reason #3 - Tax return "information creep".
28:04 - Reason #4 - More intense busy seasons.
32:10 - Reason #5 - Long-term viability of tax preparation industry (automation, pre-populated tax returns, etc.).

Live Q&A

36:59 - What kind of work do self-employed CPAs do outside of tax season?
45:10 - I'm thinking about starting my own business as a tax preparer == does the CPA license add value in this regard?

IMPORTANT: The information presented in this video is not tax advice, tax analysis, or legal advice, and it should not be construed as either of these. Consult with a qualified tax and/or legal adviser prior to acting on any of the information presented in this video.

Efros Financial is a Los Angeles-based CPA firm providing financial planning and tax preparation/resolution services.

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