We’ll break down how much Enrolled Agents make throughout each stage of their career and cover how you can increase your earnings. To be successful in any of the positions for an enrolled agent, it’s essential to possess excellent attention to detail and the capacity to do your job quickly and effectively. Discover more about the roles and salary ranges for enrolled agents in our EA salary guide. How to Start a Bookkeeping Business When deciding between working with an EA or a CPA, you can rest assured that both types of professionals are well-trained. They must pass rigorous exams and can do difficult and demanding work for clients. And because tax attorney fees can often climb well into the four figures, both CPAs and EAs are also an affordable alternatives for those who need help figuring out tax obligations.

• Both types of professionals are equally qualified to perform similar tasks, but there are differences in the range of services offered.
• EAs can also represent any tax matter, as well as appeal to any office of the IRS.
• EAs are granted unlimited rights to represent any taxpayer for any tax matter before any IRS office.
• But jobs posted in the area pay between $65,000 to over $130,000 annually.
• An enrolled agent must additionally pass a “tax compliance check.” Their own personal tax records must be in order.
• Review a breakdown of entry level salary expectations by state here.

If your goal is to work at one of the Big 4 accounting firms, the Enrolled Agent designation is one way to stand out from other applicants. Learn how becoming a tax expert can help you excel at firms of all sizes https://www.wave-accounting.net/nonprofit-accounting-best-practices-and-essential/ on our Enrolled Agents at the Big 4 blog. If you are seeking continuing professional training (CPE) courses to move your career forward, Surgent CPE provides more than 1,500 CPE webinars and self-study courses.

Enrolled Agent Salary at an Accounting Firm

In deriving an average wage, the lowest annual salary is £26,569, and the highest rate is £36,659. Big cities have more job opportunities and a larger pool of skilled workers, but they also typically have a higher cost of living, so location isn’t everything. If you dislike the cold and aren’t comfortable in a big city, you don’t have to live in New York or Chicago to make a living as an Enrolled Agent. The most highly specialized Enrolled Agent probably isn’t going to be earning as much at a smaller organization as they could at a larger one. Some larger organizations pay their entry-level Enrolled Agents more than smaller organizations pay experienced Enrolled Agents.

• An enrolled agent (EA) is a tax professional who has passed an Internal Revenue Service (IRS) test covering all aspects of taxation, and a scrupulous background check.
• Elsewhere in the region, such as Baltimore, the majority of the enrolled agent positions pay between $45,000 and $100,000 per year.
• The larger the company, the higher the pay for a given role, and the better defined your career path will be.
• So, an enrolled agent in the right region who builds up a great interstate reputation and client base can certainly out-earn CPAs in the same area.
• Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College.
• No matter how the economy fares, people will always require help with tax filing or dealing with the Internal Revenue Service.

EAs could help you work through an IRS audit or a collection problem, and they can also perform bookkeeping services that could be useful for businesses when preparing tax returns. Once EAs have passed their Best Practice To Hire or Outsource for Nonprofit Accounting qualifying exam, the federal government recognizes them as tax specialists. Typical EA responsibilities include representing business or individual clients in tax audits, tax appeals and tax collections.

Experience the Surgent Difference

The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. I am the author of How to Pass The CPA Exam (published by Wiley) and the publisher of this and several accounting professional exam prep sites. Of course, having your own agency also removes any limitations on your salary. Your EA does not have to divulge information to the IRS that you’ve confided in them unless it concerns the preparation and filing of your tax returns. On average, these specialists in United Kingdom earn around £15.36 per hour.

• The first is by passing the Special Enrollment Examination (SEE), which has 3 parts.
• For example, many small to mid-sized businesses prefer to outsource their accounting.
• They must stay up to date on relevant tax laws and often communicate across departments to ensure the entire firm is complying with accounting procedures.
• Therefore, you should compare the average EA salaries across the United States to better understand how much you can make as an EA.
• Of course, the more experience you have, the more an employer will be willing to pay you.
• If you have accounting needs with a micro focus, working with an EA could be the perfect fit for you.

They handle balancing the budget and must use budgeting and auditing software programs. No matter how the economy fares, people will always require help with tax filing or dealing with the Internal Revenue Service. Gaining your EA accreditation will give you knowledge and options to further your career. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). There are no guarantees that working with an adviser will yield positive returns.

What is the average Enrolled Agent salary?

The EA exam was designed to produce only the most qualified and competent enrolled agents. But fortunately, you can prepare to pass by utilizing an EA review course. And with affordable pricing, this investment in your future definitely pays off.

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