When you sit with an Enrolled Agent, you are sitting with the ultimate tax expert!
Tax regulations are becoming more confusing and convoluted every time they are "simplified". The differences between state and federal tax laws are getting even more puzzling.
Fortunately, there is a federally-licensed tax professional who can help you.
Frequently Asked Questions...
- What are Enrolled Agents?
Enrolled Agents (EA) are tax professionals licensed by the federal government to represent taxpayers.An EA is an expert in tax planning and the preparation of tax returns, and effective advocates on behalf of the taxpayers before the IRS and state taxing agencies.
- How is an EA different than other tax preparers?
Enrolled Agents are required to demonstrate competence in matters of taxation; their right to represent comes directly from the U.S. Department of the Treasury. A few states have licensing and education standards for tax preparers who are not Enrolled agents, but most states do not even require that. Anyone could put up a sign and begin preparing returns. Attorneys and CPA are also allowed to represent taxpayers, but taxes is not their specialty.
- Are Enrolled Agents bound by ethical standards?
Absolutely. The Treasury Department's Circular 230 provides stringent regulations governing the practices of Enrolled Agents before the IRS. No less that two hours of Ethics training per year is required.
- What are the requirements to become and maintain an EA status?
There are only two ways to become an EA:
- Take the three-part examination, one of the most difficult professional exams in the country. This test covers all aspects of taxation, including ethics. The approval process includes a thorough background check.
- Employed by the IRS for at least five years regularly interpreting and applying the provisions of the Internal Revenue Code and regulations.
Following successful enrollment, EA are required to maintain a rigorous schedule of professional education in the tax field.