Working from home has never been more popular than it is in the current digital era. Many individuals are seeking flexible ways to earn money online, and the finance and accounting industry offers numerous opportunities. Whether you are looking to supplement your income or transition to a fully remote career, there are several financial jobs you can do from the comfort of your own home. In this article, we will explore five lucrative online jobs in tax and bookkeeping that provide the benefits of location freedom, a comfortable workspace, and a diverse community.
Bookkeeping and Tax Side Jobs You Can Work From Home
Working from home provides flexibility, allowing you to set your own schedule and work when it is most convenient for you. The finance and accounting industry offers various remote side jobs that you can complete with just a computer and some basic office supplies. These jobs are in high demand as businesses and individuals are constantly seeking tax experts, accountants, and bookkeepers to help them manage their finances. Here are some tax and bookkeeping side jobs you can explore:
TurboTax Live Tax Associate Jobs
TurboTax Live offers tax associate positions for individuals with at least two years of paid experience as tax preparers. As a tax preparer, you will be responsible for submitting tax forms on behalf of clients, discussing tax information, filling out forms, collecting documents, and performing tax audits. To excel in this role, it is essential to have knowledge of tax laws and regulations, experience with tax preparation software, understanding of the return submission process, strong customer service abilities as well as detail-oriented organisational abilities. TurboTax Live offers flexible work schedules, thorough training, and access to other tax experts and leaders who can provide guidance.
TurboTax Live Tax Expert Jobs
If you have an active credential as a Certified Public Accountant (CPA), Enrolled Agent (EA), or Practicing Attorney, you can become a TurboTax Live Tax Expert. As a tax expert, you will assist individuals with tax preparation, offering advice and explaining common tax regulations. This may include helping with deductions, retirement accounts, and complete tax preparation, signing, and filing. Communication with customers can be done through online chat, phone calls, or video chats. TurboTax Live Tax Experts are compensated competitively based on their knowledge, skills, experience, and location, usually ranging from $25.70 to $36.00 per hour. Bonuses and equity benefits may also be available.
TurboTax Business Tax
If you have a strong background in business tax, TurboTax Business Tax offers an exciting opportunity. As a business tax expert, you will help customers navigate the complex world of business tax laws and regulations using TurboTax Business products. Your role will involve providing personalized guidance to customers on how to save money, keep their businesses in good standing with the government, and stay compliant with tax laws. This position is open to both credentialed and non-credentialed accountants, with pay rates influenced by experience and location. Extensive knowledge of tax and business law, as well as experience in business tax preparation, is required.
Intuit TurboTax Verified Pro
If you own a tax preparation business, becoming an Intuit TurboTax Verified Pro can provide access to a wide base of Intuit customers who may need help from a tax professional. As a verified pro, you will perform tasks similar to a tax preparer. However, you will also need the skills necessary to manage your business effectively, such as setting rates and marketing yourself to find new clients. Intuit provides software to manage tax information and file returns on behalf of clients. You can also transfer current clients to Intuit or receive referrals from Intuit for new clients. There is no upfront cost to join the program, but Intuit collects a percentage of your service fees for marketing your business.
QuickBooks Live Bookkeeper Jobs
A great option to work from home and get into the accounting field is through bookkeeping. QuickBooks Live Bookkeepers help customers manage their day-to-day finances, including setting up books, completing monthly entries, and answering questions about reporting. To become a QuickBooks Live Bookkeeper, you must have at least three years of paid experience as a bookkeeper, an active QuickBooks Online ProAdvisor certification, and proficiency with popular bookkeeping software. QuickBooks Live Bookkeepers enjoy flexible schedules and competitive pay rates, usually ranging from $24.70 to $35.00 per hour. Training and necessary equipment are provided.
No Experience, But Want to Get Into Accounting or Finance?
If you are interested in finance and accounting but have little to no experience, there are still opportunities to learn and enter the field. Intuit offers free classes through the Intuit Academy that cover various finance-related topics, such as bookkeeping and tax preparation. These classes provide valuable knowledge and skills that can help you stand out from other applicants. After completing the courses, you will earn a badge that you can showcase on your resume, CV, and LinkedIn profile to demonstrate your commitment to learning. Additionally, networking with professionals in the field and setting up your resume to highlight relevant skills and experiences can enhance your chances of landing an entry-level job.
Tips for Making Money Online
To succeed in making money online, consider the following tips:
Take courses to enhance your skills: Online courses, such as those offered by Intuit Academy, can provide valuable education in bookkeeping, accounting, and tax processes. These courses will help you develop the necessary skills to excel in various finance jobs.
Earn certifications and badges: After completing the Intuit Academy courses, you will earn certifications and badges that you can showcase on your resume and LinkedIn profile.These qualifications will set you apart from the competition.
Find a mentor: Reach out to professionals in the accounting and finance industry for guidance and mentorship. They can provide valuable insights and help you navigate your career path.
Optimize your LinkedIn profile: LinkedIn is a powerful networking tool. Craft a compelling headline, engaging “About” section, and share valuable content to establish yourself as an authority in your field.
Set up your resume strategically: Highlight relevant skills and experiences on your resume. List technical skills and experiences horizontally, with the most relevant ones listed first.
Explore social media groups: Join groups on social media platforms where accounting professionals discuss and learn from each other. These groups can provide valuable insights and networking opportunities.
Working from home has become increasingly popular, and the finance and accounting industry offers numerous opportunities to make money online. Whether you choose to become a tax expert, bookkeeper, or verified pro, these remote financial jobs provide flexibility, competitive pay rates, and the ability to work from anywhere. Additionally, Intuit’s educational offerings can help you gain the necessary skills and knowledge to excel in these roles. By following the tips provided, you can set yourself up for success in the online finance and accounting industry. Start your journey today and take advantage of the many benefits of working remotely in the financial sector.