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| *The Commerce Journal>>>United States Taxes |
How much does Liberty Tax pay their tax preparers? |
I'm Just looking for an average dollar amount. Estimates are fine, is it $5-10 per return or more like $20-30 per return. I'm trying to decide if it is worth my time. Not sure about Liberty, but Block pays you based on the number of returns you did, the number of years you've worked, a certification level amount for training you've accomplished, and the complexity of the return. You also get extra for clients that returned from the prior year (retention) and a small portion of any extended service plan the customer buys. You earn a set wage per hour (first year is like $7 an hour) and anything earned over the hourly wage is paid out at the end of the year as a "bonus". You are at least guaranteed an hourly wage (for returning workers it is based on a portion of last years hourly amount, this is my 5th year and I'm guaranteed $17 an hour). This is fairly common in the market, but franchises do pay differently than company owned offices (jackson hewitt offices are all franchises, HRBlock is a combination...I am not sure about Liberty, but I've been told it's like JH). Hope this helps. Franchisees are free to pay whatever the market will bear. Corporate owned offices probably base their wages on local averages and the experience level of the individual staffer. A retired CPA moonlighting for extra cash would make a lot more than a part-timer in their first year of preparing returns. |
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