When enrolled agents represent taxpayers for past tax years, the most important issue to consider is expiration of the collection period. The IRS generally has 10 years from the date of a tax assessme
Many taxpayers don’t appreciate the severity of consequences when they receive a notice of levy from the IRS. As these notices are regularly sent for delinquent taxes, enrolled agents have a steady
Celebrity tax troubles are a fun way to learn about how the IRS targets people for back taxes. Pursuit of average ordinary citizens for income tax liability follows the same avenue as nabbing the rich
The topics addressed in your enrolled agent study guide include an area of tax law that’s most apt to confuse the general public. This is the subject of passive activities, which create tax liabilit
Passing the enrolled agent exam permits you to help taxpayers with a variety of tax issues. There’s no shortage of potential clients with common situations that involve complex tax reporting. For ex
Failing to file tax returns present enormous problems if back taxes are due. Fortunately, when these troubled taxpayers learn of the skills provided by enrolled agents, they obtain professionals who c
Payroll tax issues can cause a business to permanently close. These problems begin when struggling business owners fail to remit payroll taxes when due – including the withheld taxes from employee w
Individuals with high incomes are having more difficulty avoiding the taxman. Now more than ever, high-income taxpayers demand the expert tax advice of enrolled agents. The IRS is particularly interes
Preparing for unusual tax scenarios is part of the training for enrolled agents. In fact, the ability to handle uncommon situations is an important selling point for a tax practitioner. One matter tha
Plenty of tax professionals obtain the highly respected enrolled agent designation to help organizations that are actually exempt from owing income tax. There are a large number of prospective clients
