The IRS allows 3 groups of individuals unlimited representation rights. One often overlooked group is Enrolled Agents. Read more to find out more about this tax professional.
Enrolled Agents or EAs are a group of experts who are given unlimited representation rights before the IRS. What separates them from Certified Public Accounts (CPAs) is that an Enrolled Agent specializes in tax matters. You’ll often find them performing a variety of functions within the tax industry.
So if you are looking to settle your tax balance, establish a streamline installment agreement, work toward Currently Not Collectible status or come to some other form form of resolution Enrolled Agents, are going to be your first go to source for help.
How Do You Become An Enrolled Agent?
Enrolled Agents must pass the 3-part Special Enrollment Examination (SEE). This ensures their competence.
Furthermore, they must complete ongoing education to maintain their status as Enrolled Agents. Those who fail to meet these requirements will be dropped from enrollment. This means they would be no longer allowed to represent taxpayers before the IRS.
Finally, all Enrolled Agents must agree to abide by certain ethical and professional standards. This helps ensure that they have their clients’ best interests in mind when representing them.
Why Does It Matter?
If you are hiring a tax representative you need to make sure you are hiring someone who can actually represent you. Furthermore, it is crucial you hire someone with experience in advocating before the IRS. An Enrolled Agent designation can help ensure you hire someone who knows what they are doing.
We want to provide you all the facts. Listed below are some links and resources you may find useful if you are researching the Enrolled Agent credential.
Wall & Associates, Inc. is one of the premier tax representation firms in the country. Through a targeted case review our office is able to provide our clients top tier tax representation services. If you or someone you know needs competent tax help don’t hesitate to visit us at WallandAssociates.net.