What is an Enrolled Agent?
According to the IRS.gov:
An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part comprehensive IRS test covering individual and business tax returns, or through experience as a former IRS employee. Enrolled agent status is the highest credential the IRS awards. Individuals who obtain this elite status must adhere to ethical standards and complete 72 hours of continuing education courses every three years.
Enrolled agents, like attorneys and certified public accountants (CPAs), have unlimited practice rights. This means they are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent clients before.
What is the difference between a CPA and an Enrolled Agent?
While both enrolled agents and certified public accountants have the privilege of nearly unlimited practice rights before the IRS, there are some differences. Neither of them have restrictions to the types of tax issues they can handle and the type of taxpayers they can serve, but CPAs spend more time learning about accounting and other matters, while an Enrolled Agent solely focuses on tax matters. If you are looking for a tax professional you can count on to help you get through a difficult financial situation we can help! Enrolled Agents are considered America’s Tax Experts because of the strenuous standards and code of ethics they must follow in order to stay licensed.
How Can An Enrolled Agent Help Me?
Enrolled agents can help a wide range of individuals and entities in many different ways. These tax professionals are able to advise, represent, and prepare tax returns for individuals, partnerships, corporations, estates, trusts, and any entities with tax-reporting requirements. Enrolled agents’ expertise in the continually changing field of taxation enables them to effectively represent taxpayers at all administrative levels within the IRS. From simple to complex tax issues, enrolled agents can help you! Contact King Financial Services in Fort Worth, TX today to learn more about how an enrolled agent can help you navigate your current financial situation.
Do Enrolled Agents Have Any Continuing Education Requirements?
According to the IRS.org
Generally, enrolled agents must obtain a minimum of 72 hours per enrollment cycle (every three years). Additionally, they must also obtain a minimum of 16 hours of continuing education (including 2 hours of ethics or professional conduct) each enrollment year. Review detailed information about continuing education for enrolled agents.
Key Facts About Enrolled Agents:
-The EA credential is the highest awarded by the IRS
-Enrolled Agents are able to practice in all 50 states because they are federally certified
-Enrolled agents have virtually unlimited practice rights, although they can’t represent clients in tax court, as this is reserved for tax attorneys
-Enrolled Agents work exclusively in the area of taxation, while CPAs focus more on accounting
-Enrolled agents are subject to stringent background checks and continuing education requirements, while also being held to a high standard of ethics
King Financial Services is home to two Enrolled Agents, that are empowered by The United States Treasury to prepare your personal or business tax filing. Don’t waste your time calling one of the large advertisers that claim to solve your problems for pennies on the dollar, instead take the time to talk to your trusted, local tax expert. Our team solves IRS tax problems locally and in every state. We are here to help you resolve your tax problems and put an end to the misery that the IRS can put you through. We pride ourselves on being very efficient, affordable, and, of course, extremely discrete.
King Financial Services in Fort Worth
Don’t get lost in the paperwork that comes along with running a business, instead reach out to King Financial Services. Our team of financial professionals understands how overwhelming it can be to you and your staff to keep up with additional tasks and record keeping. This is why we help eliminate the workload that comes with bookkeeping in house by managing all of the additional responsibilities, such as payroll and bookkeeping. Contact us today to learn more about the tax and financial services we offer. Sandra King is an enrolled agent, empowered by The United States Treasury to prepare your personal or business tax filing. While her services are offered nationwide, Sandra King locally serves the greater Dallas-Fort Worth area, including but not limited to Arlington, Bedford, Colleyville, Euless, Fort Worth, Grand Prairie, Hurst, Mansfield, North Richland Hills, and Richland Hills.
King Financial Services Inc
610 S Industrial Blvd. Suite 140
Euless, TX 76040
Phone: (800) 503-1343