When it comes to tax expertise, an Enrolled Agent (EA) stands at the pinnacle of the tax profession. These highly qualified professionals have earned the distinction of being the only federally licensed tax practitioners who specialize in taxation and have unlimited rights to represent taxpayers before the IRS.
How Does One Become an Enrolled Agent?
To achieve this prestigious status, an individual must either:
- Pass a rigorous three-part examination covering all aspects of federal tax law, including individual and business tax returns, or
- Have extensive experience as a former IRS employee
What Sets Enrolled Agents Apart?
- Highest IRS Credential: The EA status is the highest credential awarded by the IRS, reflecting unparalleled expertise in tax matters.
- Ethical Standards: EAs are bound by a strict code of ethics, ensuring they always act in their clients’ best interests.
- Continuous Education: To maintain their status, EAs must complete 72 hours of continuing education every three years, keeping their knowledge current with the ever-changing tax laws.
How Can an Enrolled Agent Help You?
As a client, you’ll benefit from an EA’s:
- Unlimited Practice Rights: Like attorneys and CPAs, EAs can represent any taxpayer for any tax matter before any IRS office.
- Comprehensive Tax Expertise: Whether you’re an individual or a business owner, an EA can handle all your tax-related needs.
- Year-Round Support: EAs don’t just file returns; they provide strategic tax planning and representation in audits, collections, and appeals.
By working with an Enrolled Agent, you’re partnering with a true tax expert who can navigate the complexities of the tax system, ensuring you remain compliant while maximizing your financial opportunities.
Patrick Hoernig, who is an Enrolled Agent with almost forty years of tax experience, is Almega Wealth Management’s Director of Tax Services. He provides tax services to clients in Arizona and North Carolina. To learn more about Almega’s tax services offering or to schedule a tax appointment, please call 888-4-ALMEGA or click here.