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Recent Comments

Re: “A Worker's Life Under H&R Block

My prior comment was incomplete my reference to 4.50 per POM as 45 net s/b 450. No change in the intenet of this comment just left a 0 off the resulting amount of comp.

3 likes, 0 dislikes
Posted by Dominic on 04/20/2008 at 10:14 AM

Re: “A Worker's Life Under H&R Block

These jobs are not designed to replace full time employment and I’ve never heard them promoted as such. At best they are supplemental income for stay at home Mom's or part time work for those with other full time employment. I truly believe this is one of the best retirement jobs there is. It requires your time on a limited basis in the fall for training and winter for Tax Prep.
No job starts out its entry level with top wages, but with time and training good money can be had depending on the individual’s efforts and skills.
I've been a tax pro for 19yrs and thanks to the training Blocks provided I’m an Enrolled Agent and have achieved a top rate of Master Tax Advisor and now hold securities license series 6 and 63 as well my state Insurance. My starting pay was under $6/hr I've always earned a bonus and while I agree the current pay structure is hard to understand and leaves much to be desire I don't know of any other part time job that I can work full time for only 3 ½ months and make what I have the last several years.
POM nets the tax pro 4.50 (not going to make a lot of difference in pay a hundred returns adds $45) and there's no compensation for clients that use Ral's or Rac's or take out Emerald Cards open bank accounts or IRA's. POM may seem like a rip to the writer but I challenge them to work with a client that’s received an audit letter and must face the IRS alone or pay $75 for pre audit work and $40 an hr after 4 hrs to someone to represent them. Yes most errors can be laid at the Tax Payers feet but a position held by the Tax Pro that is disallowed by the IRS as well as Tax Pro errors and omissions would be covered by POM and would cover the tax (up to $5K plus P&I) not bad for a $30 investment, that’s why it’s called PEACE OF MIND.

12 likes, 2 dislikes
Posted by Dominic on 04/20/2008 at 9:15 AM

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