Why does your business need an Enrolled Agent?
As the owner of a growing business, you have particular needs. It’s important to you that all of your income and expenses are properly recorded, that your reporting is accurate and allows you to make effective projections and plan investment strategies, and that your taxes are properly filed, offering you the latest tax breaks, along with the peace of mind that you won’t face additional penalties or fees from the Internal Revenue Service.
You need to know that you have someone to turn to whenever you’re feeling unsure about your finances, without worrying about incurring extra costs for every question. And, of course, it’s important that all of this happens without you needing to take time away from the actual work of your business—freeing you up to focus on growing what you’ve created.
Enrolled Agents, Your Tax Experts
When choosing how to fill your accounting needs, you’ll likely consider both Enrolled Agents (EAs) and CPAs. So what’s the difference?
Both EAs and CPAs are fully licensed and well-educated in accounting practices. CPAs are licensed by the State, while EAs are licensed by the Federal government under the US Treasury. Both are required to take continuing education each year in order to maintain their license.
Enrolled Agents primarily focus on taxation, and the required ongoing education they receive is full of new taxation rules and regulations. They can become credentialed in one of two ways: with five years of IRS experience regularly interpreting tax regulations or by successfully completing a three-part Special Enrollment Exam that requires an in-depth understanding of taxation. In fact, Enrolled Agents are the only federally-licensed tax practitioners specializing in taxation who have unlimited rights to represent taxpayers to the IRS, including collections, audits, and appeals (meaning you never have to worry about handling those on your own).
What you need is for someone to keep your books IRS compliant: a tax expert who is licensed, educated, and accountable for ensuring your finances are in order, all the way from logging expenses up to processing your federal tax filing. And, because Enrolled Agents can be censured by the IRS’s Office of Professional Responsibility for violating ethical regulations, you know you can trust them with your personal information and the well-being of your business.
With our Enrolled Agent services, you can be sure you’re being supported with the most up-to-date, complete information available—giving you the peace of mind you need to focus on what’s really important.