Passing the special enrollment examination provides an individual with the designation of enrolled agent in order to represent taxpayers before the IRS. Direct dealings with the Financial Management S
Gifts of money or property are usually not taxable events. However, sometimes giving is subject to gift tax. Part of the training for the enrolled agent examination addresses tax on gifts.
Giving a
Although the home mortgage interest deduction is one of the most often cited benefits of owning a home, every year a surprisingly large number of taxpayers fail to take advantage of this benefit. Th
How Leveraging Innocent Spouse Relief Can Help At Tax Time
In their role as a registered tax return preparer, enrolled agents often find themselves wearing many hats. Offering up suggestions for
Over the past several years, enrolled agents, perhaps more than any other registered tax return preparer, have learned how to help lift the spirits of homeowners suffering from buyer’s remorse. Mo
A taxpayer is entitled to a tax deduction when giving away cash or property to a charitable organization. But there are a few basic guidelines that a Registered Tax Return Preparer must follow in orde
The ever-changing landscape of taxation presents both opportunities and challenges for enrolled agents in their role as a registered tax return preparer. As is made clear once the enrolled agent has
The 2007 mortgage meltdown and subsequent collapse of the financial system brought about significant change on practically every front. The impact of these events on the tax system was both far-reac
Because audits by the IRS have been more frequent over the past five years, it is important for enrolled agents, indeed any registered tax return preparer, to start brushing up on the types of issues
Enrolled agents have long advised clients to heed conventional tax wisdom -- deferring income and accelerating expenses -- in their conventional role as a registered tax return preparer. The logic b
