Should I Consider Becoming a Tax Examiner?
Feb 24, 2015 | 8:00 am
You are looking to become a tax examiner, right? You are now seeking more information to see if it might be the right “fit” for you. You may want to start by asking yourself a few questions first. Do you like examining financial records? Are you a good leader and do people tell you such? Do you have computer skills? Do you have people skills? Do you have organizational skills? Have you set a good pattern meeting deadlines? If you answered yes to these questions then you are probably a good candidate to becoming a tax examiner.
What Do Tax Examiners Do?
A tax examiner reviews filed tax returns to determine whether credits and deductions claimed are allowed by law. They conduct field audits and investigations to verify information and update liabilities. They will evaluate information and accounting procedures while keeping up with the changes of tax laws and regulations. They keep meticulous records. They will notify taxpayers of overpayments, underpayments, request additional payment and make adjustments and issue refunds. If taxes are not paid, the government can place liens on the property of taxpayers, garnish wages, and even foreclose on homes.
Tax examiners can be collectors and revenue agents. They work with federal, state, and local governments to acquire money from businesses and citizens who are behind.
Educational Requirements for Tax Examiners
According to the Bureau of Labor Statistics, a bachelor’s degree is needed for entry-level positions in accounting or in a related field. Some fields of education and experience can vary by position and employer. What you learn in college is business and finance; however, accounting and criminal justice experience are desired by employers. The median pay is around $50,000 and there has been a 4% decline in the projected job outlook between 2012 and 2022. The demand may change with various companies and individuals in charge.
Skills that will be required are leadership, analytical, computer, math, interpersonal and intrapersonal in which you deal with people within a company and outside the company. Organizational skills are important and you must enjoy researching and investigating issues, relying on your problem-solving skills. You are required to be certified as a tax examiner.
When you look into potential colleges, ask about financial assistance. Find out about important issues regarding flexibility in class hours or online courses for easier attendance. Ensure that the curriculum fits your future career plan and is compatible with your lifestyle needs. It is imperative that you get the best quality education that you can possibly get. This is an investment in yourself; your time and money. The right school and education will make all the difference in your future endeavors. Whether you attend a community college or specialized vocational college, verify they are an accredited institution, as this alone determines the value of your background. Even if you don’t have a specific degree, accreditation from a trusted school is a valuable point on your resume.
Find out more about this lucrative career with lots of advancement potential!