We have covered in previous blog posts, that Enrolled Agents (EAs) are America’s Tax Experts. This is because EAs are federally-licensed tax practitioners who may represent taxpayers before the IRS when it comes to collections, audits and appeals. As authorized by the Department of Treasury’s Circular 230 regulations, EAs are granted unlimited practice rights to represent taxpayers before IRS and are authorized to advise, represent, and prepare tax returns for individuals, partnerships, corporations, estates, trusts, and any entities with tax-reporting requirements.
Enrolled agents are the only federally-licensed tax practitioners who specialize in taxation and have unlimited rights to represent taxpayers before the IRS. The enrolled agent profession dates back to 1884 when, after questionable claims had been presented for Civil War losses, Congress acted to regulate persons who represented citizens in their dealings with the U.S. Treasury Department. Enrolled agents’ expertise in the continually changing field of taxation enables them to effectively represent taxpayers at all administrative levels within the IRS.
So, who are the tax experts in Texas?
With Enrolled Agents being America’s Tax Experts, it only makes sense that the Enrolled Agents in Texas serve as the leading tax experts in the state. While EAs are not limited to practice in one state, they are likely to have more intimate knowledge and understanding of the tax laws that govern the state they work in compared to other tax professionals.
If you are facing state tax problems, federal tax issues, need help with income tax preparation, or are a small business with more complex tax needs, EAs can help you. Working with a TxSEA member provides you the opportunity to work with an up to date and informed EA. All of our members are given resources to evolve and learn as tax laws change, to ensure they are providing the best tax advice and guidance to their clients.
Enrolled agents have privilege with the taxpayers they represent, under certain conditions. This privilege allows for confidentiality between the enrolled agent and taxpayer in circumstances where the taxpayer is being represented in situations involving audits and debt collection. It is important to note, this privilege does not apply to the preparation and filing of a tax return, and does not apply to state tax matters.
Are Enrolled Agents The Highest Tax Expert?
According to the IRS:
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.
Why Join TxSEA?
TxSEA makes it easy for enrolled agents in Texas to stay on top of the credits they need to maintain their licensing, as well as provides an opportunity for networking with other EAs in their local area. This can provide helpful information and leads to tax professionals working as enrolled agents today.