GREAT 32 IDEA: Work with an Enrolled Agent to Do Your Taxes

I want all the CPAs to skip this section. I'm about to suggest an alternative tax preparer: an enrolled agent (EA).

Although they've been around since 1884 and prepare millions of tax returns a year, enrolled agents are a well-kept secret. While certified public accountants (CPAs) and public accountants (PAs) are licensed by the state, enrolled agents are licensed by the federal government. EAs specialize in preparing tax returns and can represent taxpayers before the Internal Revenue Service, just like CPAs and tax attorneys.

They have to renew their license every three years after completing 72 hours of education in taxation. Despite their background and education, EAs tend to charge ...

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