An enrolled agent (EA) is a professional authority that the government authorized to act for the general taxpayer population when it comes to matters concerning the Internal Revenue Service (IRS).
The profession of an enrolled agent first came up in 1884 owing to the consequences of the Civil War. At present, an individual who wants to become an enrolled agent has to complete a background check and pass certain examinations. They must also already be an employee of the IRS.
All enrolled agents must register with the National Association of Enrolled Agents (NAEA). Under their rights, they can be the spokespersons of taxpayers and speak on their behalf on matters concerning the IRS.
What are the prerequisites to becoming an enrolled agent?
Becoming an enrolled agent is quite a complicated task. There are a few prerequisites you must meet to qualify to become an EA.
- For one, a candidate for an enrolled agent profession is obligated to complete 72 hours of ongoing education each 36 months.
- Moreover, they must also pass the Special Enrollment Examination (SEE).
- They will also be a part of the National Association of Enrolled Agents (NAEA), which means that they have to abide by a certain code of ethical conduct.
How does one become an enrolled agent?
If someone is interested in becoming an EA, they have to follow specific steps.
- They must obtain a personal number for preparer tax identification.
- They must pass the SEE and pass all three sections of it.
- Once they have obtained their passing scores, they must fill out an enrollment application.
- Then, a background check will be performed for each candidate to deem if they are acceptable for the job. Usually, a criminal record in the last decade is a negative indicator of one’s application.
- A fee starting at $203 must also be paid at the time of one’s appointment.
Conclusion
Becoming an enrolled agent demands a lot from the candidates. However, with the proper research, the process can be simplified with ease. Hiring an EA poses a lot of benefits since they offer services ranging from tax preparation to planning. Be smart with your finances and consider getting an enrolled agent!