How To Become An Enrolled Tax Agent? (Perfect answer)

Steps to becoming an Enrolled Agent

1. Step 1: Enroll in the Chartered Tax Professional CTP® certificate program.
2. Step 2: Complete a Surgent EA review course.
3. Step 3 – Take the IRS SEE examination.
4. Step 4 – Register with the IRS as an Enrolled Agent.
5. Step 5 – Continue your education to maintain your EA credential.

How long does it take to become an enrolled agent?

Depending on your tax knowledge, becoming an enrolled agent can take 3-8 months. You may hear some enrolled agents boast that the EA exam is easy and they passed it in just a few weeks.

How much does it cost to become an IRS enrolled agent?

You must apply for enrollment within one year of the date you passed the third examination part. You may electronically apply for enrollment and make secure payment of the $67 enrollment fee at Pay.gov.

How do I get my EA license?

Steps to becoming an enrolled agent: Obtain a Preparer Tax Identification Number (PTIN). Visit Prometric’s Special Enrollment Examination (SEE) web page to schedule your test appointments, review the SEE Candidate Information Bulletin PDF, sample test questions, and other test preparation resources.

How much does an enrolled agent make at H&R Block?

The typical H&R Block Enrolled Agent salary is $25 per hour. Enrolled Agent salaries at H&R Block can range from $13 – $43 per hour. 6

Is it worth becoming an Enrolled Agent?

Individuals who are considering a new career path may find that becoming an enrolled agent is the right choice. Offering excellent job security and the opportunity to have jurisdiction throughout the United States, the position of enrolled agent can provide a good salary along with a rewarding career.

Can anyone become an Enrolled Agent?

You don’t need a college degree to become an Enrolled Agent. You don’t need to know accounting or high level math to become an Enrolled Agent. There is a shortage of Enrolled Agents, who can handle more complicated tax returns and represent clients before the IRS.

Is it hard to become an enrolled agent?

Absolutely! There are three exams you must pass – individuals, businesses & entities, representation & ethics. They vary greatly in difficulty. About 70% of EA candidates pass rates Part 1 (Individuals) and over 80% pass Part 3 (Representation, Practices and Procedures,).

What do enrolled agents do?

An enrolled agent is a tax advisor who is certified to represent you before the Internal Revenue Service—when filing a tax return, dealing with an audit, resolving payment and collection issues, or appealing a fine (for example).

Which is better EA or CPA?

An EA is the highest credential the IRS awards. A professional with this designation typically makes between $15,000 and $20,000 more than CPAs annually. You’ll want to seek out an EA for any and all tax-related issues. In fact, the IRS says they are uncontested experts on such topics.

Is an EA an accountant?

If you’re exploring hiring a professional to do your taxes, you may come across the terms enrolled agent (EA) or certified public accountant (CPA). An enrolled agent is a tax practitioner who is licensed at the federal level by the Internal Revenue Service.

What is the difference between an enrolled agent and a registered tax return preparer?

Similar to a CPA, an enrolled agent is also a certified tax professional. However, an enrolled agent is a federally-authorized tax practitioner rather than a state-licensed professional. The most conspicuous difference between CPAs and enrolled agents is the relationship they have with taxpayers.

How much does a tax preparer make at Liberty Tax Service?

Average Liberty Tax Service Tax Preparer hourly pay in Canada is approximately $16.25, which meets the national average. Salary information comes from 293 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.