What is an enrolled agent job?
Enrolled agent jobs are positions in the field of tax preparation and representation. Enrolled agents (EAs) are individuals who are licensed by the Internal Revenue Service (IRS) to represent taxpayers in matters related to taxes. This means that EAs have the authority to represent taxpayers before the IRS, including during audits, appeals, and collection proceedings. They are tax experts who help individuals and businesses comply with tax laws and regulations.
What do they usually do in this position?
Enrolled agents perform a variety of tasks related to tax preparation and representation. Some common duties include preparing and filing tax returns, representing clients before the IRS, providing tax advice and planning services, and helping clients resolve tax disputes. Enrolled agents may also provide accounting services, such as bookkeeping and financial statement preparation.
Top 5 skills for this position
- Strong knowledge of tax laws and regulations
- Excellent communication skills
- Attention to detail
- Ability to work independently
- Strong analytical and problem-solving skills
How to become this type of specialist
To become an enrolled agent, individuals must pass a three-part exam administered by the IRS. The exam covers topics such as individual and business tax returns, representation, and ethics. Alternatively, individuals who have worked for the IRS for at least five years in a position that involved interpreting and applying tax laws may be eligible to become enrolled agents without taking the exam. Continuing education is also required to maintain the enrolled agent license.
Average salary
The average salary for enrolled agents varies depending on factors such as years of experience, location, and type of employer. According to the Bureau of Labor Statistics, the median annual wage for tax preparers, including enrolled agents, was $47,630 as of May 2020.
Roles and types
Enrolled agents may work in a variety of roles and settings. Some common types of enrolled agent jobs include working for tax preparation firms, accounting firms, or as independent contractors. Some EAs may also work in the public sector, such as for the IRS or state tax agencies. Roles may include tax preparer, tax consultant, tax advisor, tax analyst, or tax accountant.
Locations with the most popular jobs in the USA
Enrolled agent jobs can be found throughout the United States, but some locations may have more opportunities than others. According to data from the Bureau of Labor Statistics, the top five states for employment of tax preparers, including enrolled agents, are California, Texas, Florida, New York, and Illinois.
What are the typical tools?
Enrolled agents use a variety of tools and resources in their work. Some common tools include tax preparation software, accounting software, calculators, and reference materials such as tax code books and regulations. EAs may also use communication tools such as email and video conferencing to interact with clients and other professionals.
In conclusion
Enrolled agent jobs are an important part of the tax preparation and representation field. EAs are licensed tax experts who help individuals and businesses comply with tax laws and regulations. Becoming an enrolled agent requires passing a rigorous exam and continuing education. Enrolled agents may work in a variety of roles and settings, and can be found throughout the United States. Strong knowledge of tax laws and regulations, excellent communication skills, attention to detail, and strong analytical and problem-solving skills are important qualities for success in this field.