What is an Enrolled Agent? Role, Salary, and Career Path Explained

An EA’s salary is dependent on several factors including experience, location, and the type of experience. However, the salary range is typically between $42,000 for entry-level EAs, and up to $60,000 for senior-level EAs1. Finally, after passing the exams, the candidate can apply for the enrolment and pay the fee online. They need to download Form 23, which is the application for getting permission to practice before the IRS. Candidates living overseas can find international testing locations at Prometric.com/SEE by selecting “Contact Numbers – Including International Contacts”.

Enrolled Agent career opportunities and salary

Individuals and businesses were submitting fraudulent claims for property loss and damage sustained during the Civil War while people with legitimate claims were unable to get them settled. Congress empowered enrolled agents to prepare claims against the government with the Horse Act of 1884. While other tax professionals, including CPAs, obtain their license through a state agency, an EA designation is federal, so you can practice anywhere in the United States.

Workbooks & practice tests

Their understanding of tax laws allows them to identify opportunities for tax savings and help you avoid common pitfalls. By working with an Enrolled Agent, you can benefit from their in-depth expertise and ensure that your tax matters are handled with precision and efficiency. With this specialized knowledge, Enrolled Agents can assist you in navigating complex tax laws, maximizing deductions, and ensuring compliance with tax requirements.

• Enrolled agents are the only tax professionals who do not require a state license.
• However, CPAs typically have a broader scope of practice, including auditing, financial consulting, and management advisory services.
• Only Enrolled Agents are required to demonstrate to the IRS their competence in all areas of taxation, representation and ethics before they are given unlimited representation rights before IRS.
• By working with an Enrolled Agent, you can benefit from their in-depth expertise and ensure that your tax matters are handled with precision and efficiency.
• NAEA goes beyond IRS’ recommendations by requiring members to fulfill continuing education requirements that exceed the IRS’ required minimum.
• When facing an audit, Enrolled Agents can represent you before the IRS, ensuring your rights are protected throughout the process.

However, salary will depend on the type and years of experience and also the location of their job. For instance, in California, the salary will be comparatively higher than any other location in the US. If you’re not sure where to start, TaxCure can help you find the perfect tax professional to fit your needs, based on the specific problem you’re having. We can also help you narrow down your search to filter for EAs, CPAs, or even tax attorneys if desired. The key to finding the best professional for your needs is to find a professional that is local and has experience with your unique tax problem. TaxCure what is an enrolled agent for taxes helps you do just that, so start a search today to find the best professional to help you.

Why Florida Taxpayers Should Consider an EA

• Tax accountants handle a range of filing and planning needs but may not have advanced credentials.
• Entry-level candidates, who are mainly practitioners, may earn around $52,000 annually, and focus primarily on tax returns.
• If you can get clear about the nature and extent of your own needs, you’ll be much better placed to make the right decision for you or your business.
• CPA licenses are provided by state accountancy boards, and CPAs tend to have a more flexible and expansive range of functions compared to EAs.
• However, salary will depend on the type and years of experience and also the location of their job.

They also maximize deductions and credits, often saving clients more money than they spend on EA services. While CPAs and tax attorneys often charge premium fees, EAs typically offer similar expertise in tax matters at a lower cost. While the Enrolled Agent (EA) exam isn’t exactly easy, it’s not impossible to pass if you know where to look for study material for EA exams and how to use them. In addition, achieving an EA designation allows you to represent clients before the IRS legally and brings significant financial rewards, making this test worth taking.

After successful completion of the exam, candidates must apply for enrollment using Form 23 and undergo a background check conducted by the IRS. Once enrolled, they must complete the required continuing education courses to maintain their credential and uphold the ethical standards set forth by the IRS. Enrolled Agents and Certified Public Accountants (CPAs) both possess expertise in taxation and can represent taxpayers before the IRS. However, CPAs typically have a broader scope of practice, including auditing, financial consulting, and management advisory services.

Study Material for the EA Exam

Choosing a licensed tax preparer-who, by virtue of competency testing and mandatory continuing education, has technical expertise in the field of taxation and who is empowered by the U.S. Treasury to represent taxpayers in all transactions before the Internal Revenue Service-is your best bet. This privilege allows confidentiality between the taxpayer and the Enrolled Agent under certain conditions. The process to obtain Enrolled Agent certification involves passing the SEE, a comprehensive three-part examination.

📍 Learn More About Working with a Licensed EA in Florida:

By leveraging their in-depth knowledge of tax laws and regulations, Enrolled Agents can represent you before the IRS and negotiate on your behalf to reach a satisfactory outcome. Enrolled Agents are well-versed in tax laws and regulations, allowing them to provide expert advice on how to structure your finances in a tax-efficient manner. They can also offer guidance on retirement planning, investments, and other financial decisions with tax implications. To become an Enrolled Agent, a tax practitioner must pass the SEE administered by the IRS. If accomplished, they will earn the highest credential for tax professionals recognized by the IRS.

They’re also a good study tool if you want to find out how well you know something by testing your knowledge with questions. Additionally, audiobooks are perfect if you’re exhausted from studying all day or have trouble focusing on reading. Taxpayers who find themselves in tax trouble are allowed to represent themselves before the various administrative levels of the IRS.

OTHER Exams

The path to becoming an enrolled agent involves meeting specific qualifications and requirements, such as demonstrating proficiency in tax laws and regulations. Enrolled agents have an extensive understanding of the U.S. tax code, which allows them to effectively represent taxpayers in a wide range of tax-related situations, including audits, appeals, and collections. As a result, enrolled agents are highly sought-after for their skills and knowledge in the field of taxation. In terms of navigating tax laws, enrolled agents are invaluable resources. They stay up-to-date with the ever-changing tax code and can help taxpayers understand how new laws and regulations affect their specific situation. Enrolled agents can also provide guidance on complex tax situations, such as those involving multiple states, international taxation, or estate and gift taxes.