The present era of a global economy with an international workforce consists of US citizens commonly working overseas and foreign citizens often having income in the US. Training of Enrolled Agent tax
As a general rule, people resist paying more in taxes than the law requires – other than Warren Buffet, who talks about wanting a rule for higher taxes on people like him but hasn’t yet offered an
One of the most frustrating matters for Enrolled Agents is IRS rejection of electronically submitted income tax returns for clients. After concentrating on diligent execution of tax prep procedures fr
When Chris Zorich – a former football star of the Chicago Bears and Notre Dame University – recently pleaded guilty to four counts of failing to file federal income tax returns, everyone with an E
Leaders of income tax scams typically don’t advertise their illegal acts like Rashia Wilson, but the industry is plagued by an unfortunate number of fraud promoters. For tax professionals holding En
The IRS Office of Appeals exists to resolve tax controversies so that litigation is averted. Common jobs for Enrolled Agents representing taxpayers utilize IRS Appeals. The expected results of this pr
After you become an Enrolled Agent, one of your annual rituals with business owners is identification of capital assets. Explaining what purchases require depreciation and which are allowed as immedia
After you become an Enrolled Agent, a vital way to promote your business and render public outreach is imploring individuals with delinquent tax returns to seek immediate resolutions. EA preparation o
Study of tax deductions comprises a substantial part of Enrolled Agent exam preparation and reveals that deductible expenses are allowed only under special rules. Conditions apply to every type of exp
Fewer tax preparers wanting to deal with claims for the Earned Income Tax Credit may mean increased business for Enrolled Agents. A tax pro with EA certification is possibly more confident about handl