How Much Money Can You Make as an Enrolled Agent EA?

Therefore, as with the lion’s share of the small accounting agencies out there, specialization is key. Consequently, building a reputation as the tax expert in town (and the tax law expert) can really help your career. The IRS designates EAs, but because they represent taxpayers before the IRS, enrolled agents cannot work there. In most cases, enrolled agents compete with other tax professionals. Many EAs chose to work for large agencies, accounting or otherwise. However, some prefer to work for only one client or for a corporation or a smaller business.

Search thousands of open positions to find your next opportunity. Please help us protect Glassdoor by verifying that you’re a
real person. If you continue to see this
message, please email

to let us know you’re having trouble. To become an enrolled agent, the IRS requires a few straightforward steps.

Jobseeker Tools

They prepare tax reports, ensure the accuracy of the company’s tax documents, and are responsible for handling any issues. They must stay up to date on relevant tax laws and often communicate across departments to ensure the entire firm is complying with accounting procedures. Department of Revenue Staff
A great benefit of being an EA is having the ability to work for the IRS or state departments of revenue. This is at the heart of an EAs core duties and responsibilities, and you’ll be guiding people through tax obstacles on a daily basis.

Enrolled agents can represent, advise, and prepare tax returns for individuals, corporations, and trusts. Enrolled agents are needed in small and large public accounting firms, corporate accounting departments, law firms, investment, revenue firms, in private practice and banks. Finding work with tax preparation firms is one of the most common career paths for Enrolled Agents. While much work in tax is done from January through April 15th each year, enrolled agents have the distinction of working year round. As an EA, you may be tasked with preparing both individual and business tax returns.

Enrolled Agent Salary By Level of Education in New York, NY

Plus, the EA designation signals a high level of expertise that will cement your status as a valuable expert on tax topics. Before we jump into the fun stuff, let’s cover what an EA actually does. A broad view of an enrolled agents duties includes preparing tax returns, advising on tax related matters, and providing representation before the IRS. However, an EA’s duties go far beyond these high level roles.

Become a tax preparer who works specifically with the intricacies of the architecture business. There are so many small businesses out there in a variety of niches that really need tax and accounting help. You can be the one to help them take advantage of deductions, strategize to minimize tax liabilities, and advise them on specific accounting aspects of their business. And, if you decide to work for a non-finance-related company as an enrolled agent, you can actually expect to earn a bit more. Typical salaries for accounting agencies were around the $50,000 mark. On the other hand, accounting jobs for enrolled agents at top corporations like Apple, Starbucks, FedEx, and GE typically pay between $60,000 to $80,000 per year.

Real Estate Agent – Competitive Compensation & Growth Opportunities

Of course, the more experience you have, the more an employer will be willing to pay you. Consequently, entry-level positions start on the low end of these ranges, while senior positions claim the highest salaries. For example, in Phoenix, a senior tax consultant with an enrolled agent designation and over 5 years of relevant experience can earn over 6 figures at a regional firm. One reason enrolled agent salaries across America are so widespread is that enrolled agents can hold various positions.

Enrolled Agent (or EA) is a tax advisor who is a federally authorized tax practitioner empowered by the U.S. Enrolled agents represent taxpayers before the Internal bookkeeping for startups Revenue Service (IRS) for tax issues including audits, collections and appeals. Enrolled Agent status is the highest credential awarded by the IRS.

Top Enrolled Agent jobs near Austin, TX

As an enrolled agent, you have many options when it comes to your schedule. For example, you could work full-time for a firm or for yourself from home. You could take on clients just during the busiest tax season, or maintain business contracts year-round. You have the option to decide how many clients you want to serve. You could also work part-time to supplement income from another profession. Tax preparers often enjoy the ability to manage their own schedules.

• Entry-level tax preparers make around $45,000 and can expect their salary to increase to $50,615 after gaining several years of experience.
• According to Payscale.com, entry-level EAs generally begin with a salary of about $52,000 per year.
• Bachelor’s degree, mathematics major or strong mathematical background.
• The main service that distinguishes an enrolled agent from others is the ability to represent taxpayers.
• Minimum 3 years’ experience as a practicing Enrolled Actuary (EA) consulting with clients..

As an EA your day can consist of relationship building to grow various areas of the business through direct selling, client follow up and client retention. Interpersonal skills are important and successful tax preparation companies https://www.apzomedia.com/bookkeeping-startups-perfect-way-boost-financial-planning/ often upsell additional products and services such as audit defense, offering peace of mind for your tax clients. As you learn and grow in your career, you may find yourself mentoring future junior level tax professionals as well.

Midwest/Rockies

If you’re looking to speed up your salary gains without making a big career change, the best thing you can do is earn a professional designation, like the EA awarded by the IRS. Before getting into those details let’s have an idea about who are enrolled agents and what actually they do? Unlike other tax professionals, an enrolled agent has got a special privilege to perform legal accounting services while other non-enrolled tax professionals can not.

• Collaborate with clinical and care staff and other Home staff to provide quality care Motivate, lead and supervise Carers and Enrolled Nurses Leadership of care outcomes for residents Skills..
• It should be noted that the IRS looks at education but will also take experience, licensure and credentials into account when evaluating new candidates.
• You must file Form 23, Application for Enrollment to Practice before the Internal Revenue Service, within one year of the date you passed all parts of the examination.
• As a result, the CFP or advisor has a better understanding of their clients’ needs, as well as solutions that ensure the financial well-being of their clients’ portfolios and estates.

The larger the company, the higher the pay for a given role, and the better defined your career path will be. Office managers oversee several ongoing projects at once and work with staff to ensure that operations run smoothly. They must stay up to date on a wide variety of projects and report directly to higher-level executives. Especially in organizations that employ many tax experts, having an office manager with tax expertise is incredibly valuable. We’re looking for an experienced real estate sales buyer’s agent to join our growing team.