Maintain your enrolled agent status Internal Revenue Service

However, salary will depend on the type and enrolled agent salary 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. However, even after clearing the above, the agent must renew their status every three years. They also need to meet the continuing education requirements, which should be 72 hours every 3 years or 16 hours every year. They should review their credit chart frequently and keep updated contact information.

Careers

You can look up IRS Enrolled Agents using our IRS Enrolled Agent search page. Before you choose a particular Enrolled Agent for your precise tax services, you should consider factors such as specialty, level of experience of the EA, and the fees. If you’d like to learn more about earning your Enrolled Agent credential and the EA Exam, download your free EA Exam Guide today! You’ll learn the topics on the exam, get exam day tips, and even practice questions to test your normal balance knowledge.

• Unless otherwise stated, each offer is not available in combination with any other TurboTax offers.
• The National Taxpayer Advocate has identified the complexity of the tax code as the most serious problem facing taxpayers and the IRS alike.
• You may take each section up to four times per testing window, which opens annually on May 1 and closes on the last day of the following February.
• “Agent” means a person authorized to appear in the taxpayer’s place before the Internal Revenue Service (IRS).
• The enrolled agent profession dates back to 1884 when, after questionable claims had been presented for Civil War losses, Congress acted to regulate persons who represented citizens in their dealings with the U.S.
• EAs take continuing education courses each year to keep up with the changes and have research tools at their disposal to constantly monitor updates.
• Having your own business allows you to specialize in particular niches and areas of interest, like working with high-net worth individuals or real estate agents and companies.

How Do You Register for the EA License Exam?

However, the salary range is typically between $42,000 for entry-level EAs, and up to $60,000 for senior-level EAs1. Apply for a scholarship through the NAEA-EF to help you reach your goals. While you can attempt all three parts together, it’s recommended to take one part at a time to ensure thorough preparation. Create a Full Dynamic Financial Model in 2 Days (6 hours) | Any Graduate Or Professional is eligible | Build & Forecast IS, BS, CF from Scratch.

• The Enrolled Agent (EA) office now accepts online response to Form 15115, Request for Missing Information on the Application for Enrollment or Renewal of Enrollment to Practice before the IRS.
• Yet, state boards of accounting grant the CPA license, while the federal government grants the EA certification.
• When you register for the examination online or by phone, you will receive a list of available testing times, dates, and locations.
• The demand for tax professionals is growing, making starting your own tax practice a lucrative and fulfilling career choice.
• Achieving “EA” status is considered the highest credential awarded by the IRS and is legally recognized throughout all 50 U.S states.

How Do You Qualify for the EA Credential?

In case they are omitting any important information, they should provide a proper explanation regarding the same, otherwise, there may be serious legal consequences. Before hiring any tax professional, it’s a good idea to schedule an initial consultation with them. At this meeting, you can ask them any number of questions about your tax situation and their practice.

Becoming an EA is both a professional and personal milestone that recognizes that you have demonstrated tax competence and have earned the right to represent all clients regarding federal tax matters. Before you start the Accounts Receivable Outsourcing process, make sure you have a Preparer Tax Identification Number, or PTIN. This is an identification number all paid tax preparers must use on federal tax returns filed with the IRS.