{"id":88149,"date":"2023-02-09T12:25:58","date_gmt":"2023-02-09T12:25:58","guid":{"rendered":"https:\/\/businessyield.com\/?p=88149"},"modified":"2023-06-27T00:07:16","modified_gmt":"2023-06-27T00:07:16","slug":"enrolled-agent-ea","status":"publish","type":"post","link":"https:\/\/businessyield.com\/finance-accounting\/enrolled-agent-ea\/","title":{"rendered":"ENROLLED AGENT EA: How To Become An Enrolled Agent","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
An enrolled agent, also called an EA, is a tax expert who has been given permission by the federal government to help American taxpayers with issues related to the Internal Revenue Service (IRS). It is seen as the highest honor that the IRS can give, and it is legal in all 50 states.<\/p>
They have the authority to speak on behalf of American taxpayers before the IRS regarding issues like audits, collections, and tax appeals.<\/p>
Some prerequisites must be satisfied to earn the title of “enrolled agent.” The steps that must be taken to obtain the EA title are covered below.<\/p>
Step 1: Create an Account on the IRS Website: <\/strong><\/p> Firstly, you must register for an IRS account on the IRS website.<\/p> Step 2: Submit an IRS Application: <\/strong><\/p> You must provide information like your name, address, date of birth, and any unpaid fines or taxes to submit an IRS application.<\/p> Step 3: Acquire a PTIN online: <\/strong><\/p> After applying, a person will receive a Personal Tax Identification Number (PTIN) if they are not found to have any outstanding convictions or tax debts.<\/p> Step 4: Enrol in the Special Enrollment Exam (SEE): <\/strong><\/p> It is advised that you enroll in a SEE course that covers the three topics covered on the SEE exam before rushing into the test.<\/p> Step 5: Undertake and Pass the SEE Exam: <\/strong><\/p> When you are prepared, you must sign up for the SEE exam, which is divided into three main sections: individuals, businesses, representation, practice, and procedures.<\/p> Step 6: Gain experience with the IRS: <\/strong><\/p> All people who pass the EA exam must work for the IRS for five years after they receive their certification.<\/p> Step 7: Apply for your Enrollment: <\/strong><\/p> After meeting the experience requirement, you must then send in an enrollment application to finish the certification. Background checks, training, licenses, employment histories, and educational records are all required when applying for enrollment.<\/p> Step 8: Continue your education<\/strong>: <\/p> To keep the EA title once you have it, you must continue to meet a number of requirements. Every three years, those with EA designations must complete 72 CPE hours, using an education provider approved by the IRS, and review the enrolled agent CPE credit chart.<\/p> The title “EA” is highly regarded. As a result, there are countless benefits of becoming one: <\/p> Passing the EA Exam, which is also called the SEE Exam, is one of the most important things you can do to show off your skills and get the license you want. This is because EAs represent taxpayers before all levels of the IRS.<\/p> The Enrolled Agent Exam is intimidating, but with the right preparation, it’s not as difficult as people make it out to be. You will need to put in your best study effort because this is not a typical test. Here are some of the steps you need to take to properly prepare for the Enrolled Agent Exam and pass it!<\/p> Both Accountants and EAs are skilled, seasoned professionals who are expected to uphold the highest ethical standards. Both accountants and EAs are involved in taxation.<\/p> Accountants have everything they need to pass the qualifying exam and enroll as agents. <\/p> You will realize that both EAs and accountants are highly qualified when choosing between them. Both of them can provide you with the financial advice you may require for your taxes. Which one you should consult, however, largely depends on the problem you’re trying to solve.<\/p>Is Becoming an Enrolled Agent Worth It?<\/span><\/h2>
Is the Enrolled Agent Exam Difficult?<\/span><\/h2>
What Does EA Mean For An Accountant?<\/span><\/h2>
What is a Certified Public Accountant (CPA)?<\/strong><\/span><\/h2>