Tax practitioners who obtain the enrolled agent designation provide a large number of services beyond tax return preparation. Business owners in particular often seek the advice of enrolled agents to
Enrolled agents can benefit their Spanish-speaking clients by pointing out IRS information available in the Spanish language. Tax professionals with enrolled agent certification must have proficiency
Plenty of people are hit by unexpected adverse economic circumstances when owing taxes on prior period income. The onset of financial struggle often affects individuals who planned on future income to
A slow economy causes many taxpayers to owe back taxes. Job loss, assistance to troubled family members, and low savings to navigate temporary setbacks has left about 26 million Americans beleaguered
In the mad rush to gather tax data this season, many taxpayers and their registered tax return preparer no doubt discovered a number of sobering facts about their Roth IRAs. It happens every year,
In its annual “Dirty Dozen” hit list of top scams that people fall victim come tax time, the IRS outlines a number of ideas that enrolled agents, and any other registered tax return preparer who w
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
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
It is received wisdom among enrolled agents that the IRS is a kind of big boss to this professional group, and to any other registered tax return preparer for that matter, in the way that the Supreme
The Offer in Compromise (OIC) program in the United States is an Internal Revenue Service (IRS) program that represents an agreement between the taxpayer and the IRS that settles the taxpayer’s liab
