Stay Ahead of the Game: Why Continuing Education with Takeaway Tax is Critical for Success
Most Americans – 62%, in fact – would love to be their own boss.
And let’s face it, what’s not to love?
You can set your own hours, work with clients of your own choice, and never have to ask for a pay raise or day off again.
An increasing number of people are turning to the tax industry to make a living as self-employed business owners – and for good reason.
By choosing a career as a tax professional, you can make $100 or more per hour while working in an in-demand, growing industry and conducting your business from home with minimal overheads.
But whether you’re looking to become a full-time tax professional or pursue it as a part-time endeavor, you’ll need the right knowledge and expertise for success in your field.
Without a doubt, the easiest way to get the necessary qualifications is to continue education with Takeaway Tax’s educational wing, TAT University.
Read on to find out why continued education is so important for your career in the tax service and why TAT University is the place to do it.
The Benefits of Continuing Education
Continuing education can be a game-changer for professionals in any industry.
Whether you’re just starting out in your career or looking to enhance your skills and knowledge, ongoing education can offer a wide range of benefits, and there’s plenty to enjoy here, which include;
Staying up-to-date with industry changes and trends
Tax is not a fixed entity.
Tax rules, compliance, and regulations are constantly changing, and your job relies on you staying up to date with these changes.
Continuing your education with the Takeaway tax service allows you to stay in the loop about existing and upcoming legislation changes, giving you an edge over your competitors.
Enhancing your skills and knowledge
One of the most obvious reasons to continue with further education is knowledge.
If you want to be a tax professional, you’ll need to develop your knowledge and expertise somehow, and signing up for education with a trusted establishment is the most straightforward and reputable way to do it.
Improving your credibility and reputation
If a potential client has to choose between using your services and somebody else’s, they’ll decide based on things like reviews, experience, and qualifications.
Having qualifications from a trusted establishment can seriously boost your credibility and prove your legitimacy in the eyes of potential clients.
If you’re looking for a role with a private company, bear in mind that the most important quality of a tax advisor, according to recruiters, is knowledge/expertise.
Creating a network of like-minded professionals you can collaborate with in the future is important for any professional, but it’s especially crucial for self-employed people and freelancers.
You never know when a connection you make might hire you or put you in touch with a useful contact in the future.
Further education allows you not only to create connections with people in your field but also to improve your confidence, helping you connect with the right people the next time you attend a networking event.
Increased job opportunities and earning potential
Like in most sectors, the more qualified you’re in the tax service, the better your earning potential. If you plan on working for a private company rather than being self-employed, they’ll look straight at your qualifications when you send off your resumé.
Graduating from a reputable tax-specialist university stands out and gives you a competitive advantage over other candidates.
Challenges in the Tax Industry (And How Continued Education Overcomes Them)
As above, the tax industry and its compliance is a constantly evolving entity, and with change comes new challenges.
From complex regulations to shifting client demands, tax professionals face a range of obstacles that can make it tough to stay on top of their game. However, continuing education can provide a solution to these challenges
Unfortunately, you’re not the only professional attracted to the tax world. Thanks to its earning potential and the ability to quickly become self-employed in the sector, the competition for people wanting to enter the field is growing.
Thankfully, studying for a tax qualification from TAT University is one of the easiest ways to stand out from the crowd and secure yourself the job (or the clients) of your dreams.
Not only will it look excellent on your resumé, but the knowledge, skills, and professional network you build there are guaranteed to set you up for success.
Rapidly changing laws and regulations
Tax is anything but a stationary sector. Government legislation changes all the time to reflect updates in the job market, and your job is to have your ear firmly to the ground when it comes to the latest tax news.
In fact, the success of your role depends on it.
Fail to hear about an important update to the tax rules, and you could seriously scupper your client’s tax return.
Keeping on top of updates by yourself can be time-consuming and important news can be easily missed, which is why being part of an educational establishment whose job it is to know the latest legislation is so useful.
Evolving customer needs and expectations
What customers want and expect from tax professionals is changing. For a start, where customers once wanted to meet with their tax preparer in person, they might now opt for a remote relationship instead.
As well as staying up to date with the latest legislation, keeping your finger on the pulse of client needs (and fulfilling them) is a must. Even failing to stay ahead of the curve technology-wise can spell failure for your tax business.
Luckily, studying with Takeaway Tax not only prepares you for the role in the context of today’s tax environment but also helps you create a network of like-minded professionals who can pass on their expertise.
The thing is, when you’re able to offer all these benefits through your own business, you get to offer your clients value. And when you provide value, you’re able to develop and nurture reliable partnerships that allow your business to thrive.
Having positive customer relationships is the key to a successful business, and continued education
Why Choose Takeaway Tax for Your Further Education?
So, you’ve established that continued education is critical for success in your tax career. But why choose Takeaway Tax’s TAT University?
It’s simple, really.
As well as being an educational establishment specializing in helping professionals meet the growing demands of the tax industry, we’ve had countless success stories from budding tax preparers like yourself.
Don’t just take our word for it – the results speak for themselves.
With over 4,500 returns processed and growing and 80% of TAT University graduates going on to create their own franchise opportunities, you’re guaranteed to be in safe hands with TAT University and its expertly-crafted courses.
Interested in finding out how TAT University can set you up for success?
Schedule an appointment with one of Tax Pro Superheros today – your future awaits.
July 20, 2023
June 15, 2023