The role of a small business tax specialist offers a good salary and job security to EAs in India and other countries. In these jobs, the specialists are responsible for managing small businesses’ tax affairs. They ensure their client’s or employers’ compliance with tax rules and regulations to avoid problems.
- A compliance officer interprets complicated tax laws and advises taxpayers on the best ways to ensure compliance.
- The figures above are based on data from December 2024, but it’s a no-brainer that the figures will go up this year, in 2026, and beyond.
- An EA’s salary is dependent on several factors including experience, location, and the type of experience.
- These tasks have functionality and complexity similar to those on the actual EA exam.
- Once you click “continue,” you will be brought to a third-party website.
How much do Enrolled Agents make compared to the Average Tax Preparer?
And with affordable pricing, this investment in your future definitely pays off. So, use our comparisons of the best EA review courses to https://www.bookstime.com/ find the right EA course for you, and use our EA discounts to save on your preferred exam prep. In addition to traditional accountants, a lot of mid-sized to large corporations benefit from hiring a full-time enrolled agent. Similar to having a corporate attorney, having an Enrolled Agent on staff helps many companies stay on top of their complex tax issues. For instance, corporations rely on Enrolled Agents to advise them on policy, prepare taxes, and represent them in audits and other proceedings before the IRS.
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Consequently, building a reputation as the tax expert in town (and the tax law expert) can really help your career. And, if enrolled agent salary you decide to work for a non-finance-related company as an Enrolled Agent, you can actually expect to earn a bit more. Typical salaries for accounting agencies were around the $50,000 mark. On the other hand, accounting jobs for enrolled agents at top corporations like Apple, Starbucks, FedEx, and GE typically pay between $60,000 to $80,000 per year.
Chartered Financial Analyst (CFA)
The IRS designates EAs, but because they represent taxpayers before the IRS, Enrolled Agents cannot work there. However, some prefer to work for only one client or for a corporation or a smaller business. As you’ll see, each employment option for Enrolled Agents has its pros and cons. In general, CPAs earn more than EAs in all career levels; however, the CPA credential requires significantly more schooling, time and up-front costs than the EA credential. Additionally, the EA credential is more client-focused, with a variety of career paths.
- They prepare tax reports, ensure the accuracy of the company’s tax documents, and are responsible for handling any issues.
- For this, enroll in NorthStar Academy’s EA course today to learn from the experts and move closer to your career goals.
- Salary.com provides trusted global salary data in over 100 countries to organizations like yours to attract and retain top talent.
- The benefits you’ll gain from earning the EA designation will far outweigh the cost of taking the EA exam.
- Also, you can work independently to provide high demand tax-related services to various individuals and businesses.
- The average salary ranges from ₹ 8,95,916 to ₹ 12,57,472, influenced by factors like location, education, experience, and more.
- E.A.s can work in roles involving tax planning, compliance, IRS representation, and tax preparation for U.S. citizens and businesses operating globally.
The Enrolled Agent salary ranging from $45,000 to $80,000 per year may be found for tax preparers with qualifications and at least two years of tax expertise. Are you planning to start your journey towards earning the EA Certification? If so, get ready to enjoy exposure to some of the most rewarding and well-reputed job opportunities. Becoming an Enrolled Agent will not only enhance your finance and accounting skills and knowledge but will also come accompanied by highly valued career prospects. Knowing an appropriate answer to this question is essential before diving into the preparation for earning accreditation.
- In many cases, clients call upon the expertise of Enrolled Agents in complex tax situations where audits are likely.
- In addition to the salary benefits, you’ll also enjoy increased representation rights so you can expand your client base and the services you can offer.
- EAs with their practice can also have significant income growth as well.
- This job usually involves a busy season, with the highest workload occurring from December to mid-April.
- License is issued by the IRS, giving you the authority to practice U.S. tax law and represent clients before the IRS.
The enrolled agent credential opens doors to diverse career opportunities. Law Firms – Enrolled Agent – US Tax Court Practitioners – (USTCP) – You will retrieve, process, save, and share IRS account transcripts while working as an enrolled agent for a tax law business. You must be proficient in tax compliance, consolidated corporate returns, combined state tax returns, and generally accepted accounting principles (GAAP) to be an EA in the field of tax law. The Enrolled Agent salary usually ranges from $60,000 to $120,000 annually. Tax Preparation Professional – One of the most common employment choices for enrolled agents is working for tax preparation companies.
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Therefore, the EA salary range in that city is a little lower, with the average salary about $38,197 to $55,306. Enrolled Agents in Charlotte also earn less than the national average at about $42,295. EAs are federally authorized to represent taxpayers before the IRS and have unlimited net sales representation rights. This means EAs can represent any taxpayer, regardless of whether they prepared their income tax return. EAs can also represent any tax matter, as well as appeal to any office of the IRS.