Why Should You Become an Enrolled Agent?

Why Should You Become an Enrolled Agent?

As of January 1, 2011, all paid tax return preparers must obtain a Preparer Tax Identification Number (PTIN) before preparing returns. Tax Return Preparers with a Provisional PTIN will have until December 31, 2013 to pass a competency exam. Enrolled Agents (EAs), along with Certified Public Accountants and attorneys are exempt from the testing requirement. EAs are individuals who have demonstrated special competence in tax matters and professional ethics, and have been enrolled to practice before the IRS as taxpayers’ agents or legal representatives. Practice before the IRS includes all matters connected with presentations to the IRS relating to a client’s rights, privileges, and liabilities under laws or regulations administered by the IRS.

An EA can represent anyone before the IRS. In addition, if you are already a CPA or hold some other accounting designation, having your EA will allow you to advertise your tax expertise.

Start studying NOW! The sooner you start, the sooner you will receive the benefits of becoming an Enrolled Agent!