Roles & Responsibilities

While the EA credential cannot replace bookkeeping experience and education, it will absolutely aid in your ability to handle tax related issues such as:

• Help manage finances and records of various business clients
• Process Federal and State notices
• Prepare tax returns
• Create financial reports as well as other common bookkeeping duties
• Communicate with employees, vendors, and customers to ensure accuracy of financial transactions and records

Roles & Responsibilities

As an EA seeking employment in this area of work you will generally need (2) years of experience preparing individual federal and state returns.

• Prepare tax returns for Americans living overseas
• Help those that have foreign interest in entities outside the U.S.
• Handle constant customer flow all year round.
• Since many foreign tax advisors only work with clients that live abroad, it will be good to have knowledge and experience with forms (1116, 2555, FBAR, 8938)
• Being bilingual is a plus but is not always a requirement.

Roles & Responsibilities

In this role, your responsibilities will include:

• Pulling, processing, saving, and sharing IRS account transcripts.
• Communicating daily with clients and various IRS entities, such as ACS, appeals officers, revenue officers, and revenue agents.
• Responding to and performing client audits by reviewing tax returns and reconciling financial records.
• Gathering, processing, and saving financial documents for future review.
• Completing financial forms (assets and liabilities, income and expenses) and cross-referencing them with supporting financial documentation in compliance with IRS guidelines.
• Preparing, drafting, and maintaining meticulous records for IRS correspondences.
• Preparing for and potentially taking the United States Tax Court Exam to represent taxpayers before the Tax Court without attending law school, as permitted under Internal Revenue Code section 7452.
• Tax accounting skills with proficiency in Generally Accepted Accounting Principles (GAAP), tax compliance, corporate consolidated returns, and combined state tax returns
• Leveraging at least two years of progressive State and Local Tax (SALT) compliance and/or tax consulting experience.
• Demonstrating a strong understanding of State and Local Taxes (State Income/Franchise Tax, Credits and Incentives, Sales and Use Tax)
• Addressing SALT deduction issues and strategies.
• Preparing and reviewing state income and franchise tax returns, including corporate and pass-through entities.
• Performing state tax planning, research, and analysis.
• Performing state tax planning, research, and analysis.
• Extensive technical skills, including ASC 740, nexus considerations, unitary filing, apportionment methodologies, tax base rules, tax research, compliance and consulting as it relates to multi-state jurisdictions.
• Supervising staff and leading tax projects effectively.
• Providing exceptional client service with excellent communication skills.
• Developing and maintaining outstanding client relationships.
• Demonstrating excellent research and writing skills to support client advocacy and IRS submissions.

Roles & Responsibilities

By preparing individual or business tax returns, you gain real-world experience assisting clients with common tax issues. Enrolled Agents are more than just expert tax preparers—they are trusted advisors and client advocates.

• Preparing and reviewing individual, corporate, partnership, fiduciary, and other tax returns.
• Managing and maintaining strong client relationships.
• Preparing and signing tax returns on behalf of clients.
• Representing clients before the IRS during audits, appeals, and other proceedings.
• Assisting clients with IRS collections issues, including setting up installment agreements.
• Preparing and submitting offers in compromise to negotiate tax debt settlements.
• Signing closing agreements regarding client tax liabilities.
• Signing consents to extend the statutory period for tax assessment.

Roles & Responsibilities

As an IRS Internal Revenue Agent, you will work with individual taxpayers, businesses, and tax-exempt organizations, requiring a deep understanding of tax law, accounting practices, and various industries. Much like working in the private sector, you will educate, assist, and counsel clients—this time on behalf of the federal government. While individuals with five years of relevant IRS employment may qualify for Enrolled Agent status without taking the EA exam, having the credential beforehand could distinguish you from other applicants.

• Reviewing tax returns to ensure accuracy and compliance with tax laws.
• Conducting audits of individuals, businesses, and organizations.
• Identifying and collecting overdue taxes.
• Assisting taxpayers in understanding their tax obligations.
• Educating and counseling taxpayers regarding tax laws and regulations.
• Applying knowledge of accounting practices, tax laws, and business industries.
• Representing the IRS in dealings with taxpayers and other stakeholders.
• Keeping up with changes in tax law and IRS procedures.

Roles & Responsibilities

With an Enrolled Agent credential, a financial advisor can:

• Offer comprehensive tax planning services alongside wealth management.
• Complete and file federal, state, and city tax forms on behalf of clients.
• Provide integrated financial, investment, and tax advice with a full understanding of each client's financial landscape.
• Minimize client confusion by serving as a single, trusted source for both financial and tax matters.
• Ensure the financial well-being of client portfolios and estates by incorporating strategic tax solutions.
• Differentiate themselves in the marketplace by offering tax preparation and consulting services as part of their overall fiduciary fee.