Tax Preparation

Tax Preparation

Tax Preparation

Tax Preparation

Tax preparation is one of the oldest professions known to man. Well actually it started as tax collection but as the tax codes became more complex it quickly evolved into tax preparation. You see it didn't make sense to send over all of your hard earned money to the government with out knowing what you actually owe. Hence the tax collection position evolved into a tax preparation position. Although this is a rather old profession most people aren't aware of the proper way to prepare tax returns.

ATO makes learning tax preparation very easy with it's adaptive training programs and knowledgeable on staff CPA's. Now that that's out of the way, the question becomes where do you begin to learn how to properly prepare tax returns. That is a simple answer. The first thing you want to do is start with the history of taxes and why they exist. Once you have a strong understanding of the history it's safe to move on to the next step. The next step is learning who get's taxed and how they get taxed. This area can be a bit difficult to understand because the current tax code is pretty complex. However it can be done.

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