What is an Enrolled Agent for Taxes?
Analyze the market and your qualifications to negotiate your salary with confidence. It’s really a personal choice what size company you want to work for, but you should consider benefits that can affect your quality of life. Staff accountants handle various financial duties such as ensuring financial statements are prepared correctly and that companies follow the laws and regulations for financial practices.
Highest paying cities for enrolled agents
An enrolled agent is responsible for representing individuals to the Internal Revenue Service. Since an enrolled agent has a number of responsibilities, the salary tends to be fairly lucrative. Whether you want an expert to do your taxes from start to finish, or expert help while you file on your own, TurboTax has expert-backed offerings to meet your needs. With TurboTax Live Assisted, our tax experts help you complete your taxes, fix any mistakes, and explain what’s next. Or, with TurboTax Live Full Service, a local tax expert matched to your unique situation will get your taxes done 100% right – as soon as today.
The Different Jobs You Can Get With an EA Credential
- The average Enrolled Agent salary in California is $47,339 as of August 27, 2024, but the range typically falls between $43,678 and $53,141.
- The length of time required to become an enrolled agent is much less than the amount of time required to become a CPA.
- Bookkeepers ensure that a business makes the most economically viable and safe decisions to keep finances tight and under control.
- Offer some benefits (e.g., gyms, cafeterias, and daycare) that smaller firms can’t reasonably fit into their budgets.
- Managers are looking for new ideas and are prepared to provide the necessary on-the-job training to prepare new hires for success.
- According to the 2024 Robert Half Salary Guide, hiring trends in accounting and finance continue to favor the job candidate.
In 2014, the average enrolled agent earned $31,983 annually, but today, they earn $35,171 a year. That works out to a 4% change in pay for enrolled agents over the last decade. Enrolled agent salaries typically range between $22,000 and $54,000 yearly. Department of Revenue StaffA great benefit of being an EA is having the ability enrolled agent salary to work for the IRS or state departments of revenue. This is at the heart of an EAs core duties and responsibilities, and you’ll be guiding people through tax obstacles on a daily basis. Working in government means you’ll likely have better vacation, health, and retirement benefits, as well as increased job security.
- As part of an EA’s job responsibilities, he or she often develops a strategy for handling matters with the IRS.
- Since an enrolled agent has a number of responsibilities, the salary tends to be fairly lucrative.
- For this reason, an enrolled agent must also be well organized and capable of meeting reporting and filing deadlines.
- Beyond enrolled agent salaries, there are numerous advantages to becoming an enrolled agent.
- Before we jump into the fun stuff, let’s cover what an EA actually does.
- If becoming an EA sounds like a great option for you, check out Surgent’s EA Review course.
Similar Jobs to Enrolled Agent
Below, you’ll find Zip Recruiter’s average Enrolled Agent salaries. Start studying today with Surgent EA Review — the smartest way to pass the Enrolled Agent exam — start your free trial today. https://www.bookstime.com/ If you are considering making a career change or simply exploring career options in the accounting industry, one career choice you may be thinking about is becoming an Enrolled Agent (EA).
Certification by the IRS
The larger the company, the higher the pay for a given role, and the better defined your career path will be. Tax managers handle all the tax reporting and compliance with local, state, and federal tax laws for an organization. While this position is commonly filled by a CPA, the Enrolled Agent designation is a great way to secure your tax specialization. A smaller step, but still one in the direction of earning more for your expertise, is completing the Annual Filing Season Program.
What state pays Enrolled Agents the most?
Law firms are also small businesses which may benefit from having tax personnel on their staff to help them handle their small business taxes. Similar to public accounting firms vs small CPA firms, a large firm will likely offer better pay, more security, and better benefits, while a small firm will offer more ownership and more flexibility. Becoming an EA is one of the best investments you can make in your career as a tax preparer. The benefits you’ll gain from earning the EA designation will far outweigh the cost of taking the EA exam. In addition to the salary benefits, you’ll also enjoy increased representation rights so you can expand your client base and the services you can offer.
Enrolled Agent Salary in California
On-site daycare could save thousands of dollars and dozens of hours in commuting each year. At the same time, some people dislike the bureaucracy that comes with larger organizations, and they’re happier at the end of the day if they have more freedom to pursue their own ideas. Large firms are willing and able to pay a premium to attract top talent.
Our job description management tool- JobArchitect streamlines your job description process. If you’re applying for your first tax preparation job, your experience includes your education and any relevant extracurricular activities you participated in (such as the IRS’s VITA program). Once you get your first job, experience starts to include actual time working in the industry and your accomplishments at work. Individuals who are considering a new career path may find that becoming an enrolled agent is the right choice.
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Entry-level tax preparers make less, but can expect their salary to increase after gaining several years of experience, and gathering more clients. According to ZipRecruiter.com, the average annual salary for an Enrolled Agent as of December 2021 was $59,020. The Enrolled Agent (EA) credential is a nationally recognized certification offered by the IRS for tax professionals.
