60% of Startups Now Use Tax Preparers

Tax is perhaps one of the most complicated elements to deal with when managing a startup. Handling taxation is more than just about paying the right amount. It is about understanding the regulations, utilizing tax breaks and filing for the most efficient tax returns every quarter. According to studies complied by Northeastern University, 90% of taxpayers in the United States need help preparing their tax returns. 60% of them actually choose to hire tax preparers to simplify the process completely. This is why the demand for tax professionals has been increasing steadily over the past few years.

Fortunately, there are more tax professionals graduating from the best online master in taxation programs. The courses of today are also designed to help prepare future tax professionals for changes in regulations. Through these programs, tax preparers can master the necessary skills to be efficient at composing tax returns.

You can learn more about the matter from the Why Americans Need Tax Professionals infographic by http://onlinebusiness.northeastern.edu/.

Northeastern University’s Master of Science in Taxation Online Program