How to Answer: At Jackson Hewitt, we often work with both small and large businesses on their tax preparation. What common deductions would you recommend for small businesses?
Advice and answer examples written specifically for a Jackson Hewitt job interview.
2. At Jackson Hewitt, we often work with both small and large businesses on their tax preparation. What common deductions would you recommend for small businesses?
How to Answer
As a trusted adviser at Jackson Hewitt, you will be relied upon by clients to help them find every way possible to minimize their tax burden. To prove your expertise to your interviewer, try to talk about one or two common tax deductions that are often overlooked by small businesses. Explain why the deduction is important to consider and what impact that can have on a future client you would be working with in this role.
Written by Ryan Brunner on September 26th, 2019
1st Answer Example
"In my experience in working with small businesses, the most commonly overlooked deductions that they could take advantage of are vehicle and fleet expenses. While many businesses know this is possible, many fail at maintaining proper documentation of vehicles costs and usage as part of the job. I take it upon myself to walk clients through the proper documentation for future use and they have all appreciated this insight."
Written by Ryan Brunner on September 26th, 2019
2nd Answer Example
"I see a lot of business owners overlook items that I would consider maintenance or facility costs that they can deduct at the end of each year. Repairs on equipment and property are deductible and business owners often fail to keep proof of payment for such repairs. On top of repairs, most utilities like electricity are deductible as well for a business. For small business owners, a huge part of my responsibility is educating them on these deductions. For your clients here at Jackson Hewitt, my education would help build trust and a long lasting working relationship."