Along with attorneys and CPAs, an enrolled agent (or EA) is one of the three tax practitioners empowered to represent taxpayers before the IRS. The federal government licenses the EA, who can practice in any state. The name reflects that they are "enrolled" or licensed to practice and are "agents" because they are authorized to appear in place of the taxpayer in working with the IRS.
Highly Qualified In Tax Matters
The enrolled agent profession developed after the Civil War when Congress regulated who could represent citizens in claims against the US Treasury Department. Today's enrolled agents practice their profession after passing a comprehensive examination about the tax code or after working for the IRS for five years in a capacity that required them to interpret and apply the tax code.
There is no requirement for a college degree, but EAs are expected to operate with the highest degree of ethics and must pass a rigorous background check that requires impeccable record of filing taxes. They are highly qualified to advise on tax matters and prepare tax returns for individuals, businesses of all types, and any entity with potential tax liability.
America's Tax Experts
Enrolled Agents are considered "America's Tax Experts" for good reason. Unlike attorneys and CPAs who might specialize in other areas, EAs focus strictly on taxes. To make sure that they are up to date on tax law, they are required to take continuing education that amounts to at least 72 hours every three years, according to the IRS, and 90 continuing education hours according to their national organization, the NAEA (National Association of Enrolled agents.) Some CPAs choose to seek their EA license to enable them to represent taxpayers anywhere in the country.
Equipped To Represent You
As the only group required to demonstrate their confidence in all areas of taxation to the IRS, they are uniquely qualified to represent taxpayers on tax matters. Since 1998, when the IRS Restructuring and Reform act was passed, EAs have limited client privilege, which grants confidentiality between the taxpayer and the EA in certain conditions involving audits and collection matters. This confidentiality does not apply to tax preparation and filing or state tax matters, but gives enrolled agents the opportunity to freely discuss strategies with their clients.
By passing a Tax Court examination, an EA can practice before the United States Tax Courts even as a non-attorney. Whether in court or interactions with the IRS, enrolled agents are viewed with respect for their knowledge.
Work With An Experienced Enrolled Agent At FinishLine Tax Solutions
When you bring your tax problems to Innovatum Tax Group, you will work with a highly strained staff that includes enrolled agents, CPAs, and attorneys who are all tax specialists and committed to helping you find equitable relief. Just call us at: 855-527-5857 or fill out a contact form on our website to get started.