How to become an enrolled agent

Is it hard to become an enrolled agent?

Therefore, the EA exam is not extremely difficult. Rather, it is just different than the CPA Exam. If you think of tax law as a lot of rules, exceptions to the rules, and exceptions to the exceptions, then you can expect a lot of the EA exam to focus on exceptions.

What education do you need to be an enrolled agent?

Requirements for Enrolled Agents

An enrolled agent (EA) does not need a college degree; rather they must demonstrate special competence in tax matters by passing all three parts of the IRS Special Enrollment Examination.

How long does it take to study to become an enrolled agent?

Depending on your tax knowledge, becoming an enrolled agent can take 3-8 months. You may hear some enrolled agents boast that the EA exam is easy and they passed it in just a few weeks.

Is it harder to become an enrolled agent or CPA?

CPA and EA Exams: Which is Harder? Most people who have taken both report that the CPA Exam is more difficult to pass than the EA exam. The reason for this is the amount of information both exams cover. EAs must be tax experts, so the SEE goes into great depth on tax matters.

Is it worth it to become an enrolled agent?

Individuals who are considering a new career path may find that becoming an enrolled agent is the right choice. Offering excellent job security and the opportunity to have jurisdiction throughout the United States, the position of enrolled agent can provide a good salary along with a rewarding career.

How much does an IRS enrolled agent make?

Common Enrolled Agent Salary Ranges in the United States
Enrolled Agent Level Salary
Entry Level $23,000
Mid Level $37,000-$50,000
Senior $66,000-$127,000

Can an enrolled agent do bookkeeping?

⮚ Unlimited practice rights – enrolled agents can provide services such as individual and business returns, including corporations, partnerships, and limited liability companies, payroll tax issues, sales tax, and rental income returns as well as more complicated tax returns, business consultation, and advising, audit …

Is EA higher than CPA?

In general, CPAs earn more than EAs in all career levels. However, the CPA credential requires significantly more schooling, time, and upfront costs than the EA credential. The EA credential is also more client-focused than a CPA credential. These are both factors to weigh alongside salary numbers for each profession.

Is enrolled agent exam easier than CPA?

Taking the EA exam is faster than taking the CPA Exam.

The EA questions are easier, so most candidates only need a few months to pass the EA exam as opposed to the 12-18 months typically needed to pass the CPA Exam.

Can an EA do an audit?

Although enrolled agents perform accounting tasks and certain kinds of audits, they’re limited in that they can’t express an “unqualified” type of opinion. … Enrolled agents are specifically authorized to represent taxpayers before the IRS at all administrative levels, up to but not including Tax Court.

Do enrolled agent prepare tax returns?

Enrolled agents are also authorized to advise and prepare tax returns for individuals, partnerships, corporations, estates, trusts or any other entities with tax-reporting requirements.

Can an enrolled agent be self employed?

In the right area, and with the right book of business, an enrolled agent can do quite well working in self-employment. Best of all, you can set your own schedule, work across the United States, and take on as many clients as you can keep.

How much do EA charge per hour?

an experienced EA would charge from $200-$400 per hour). Enrolled agents are required to demonstrate competence in every area of taxation, ethics, and representation in order to obtain and keep their practice privileges with the IRS.

How much does it cost to hire an Enrolled Agent?

The average cost for an experienced Enrolled Agent are just $200-400/hour, and many will have a set flat rate for handling specific types of filings, meetings, and representation.

Is an EA a CPA?

EAs and CPAs are both knowledgeable, experienced professionals who are required to maintain high ethical standards. The primary difference between an EA vs CPA is that EAs specialize in taxation, and CPAs can specialize in taxation and more.

What is enrolled agent vs CPA?

An enrolled agent is a tax practitioner who is licensed at the federal level by the Internal Revenue Service. In fact, enrolled agent status is the highest credential awarded by the IRS. On the other hand, certified public accountants are licensed by their applicable state boards of accountancy.

How do I study for the EA exam?

With these 6 tips, you’ll learn how to pass the EA Exam on your first try.
  1. Get a Review Course Specifically for the Enrolled Agent Exam. …
  2. Be Aware of Any New Material. …
  3. KNOW the Fundamentals. …
  4. Memorize Basic Tax Formulas. …
  5. Get Familiar with Prometric’s Exam Day Expectations. …
  6. Learn to Budget Your Time (And Learn When to Move On)

How does an enrolled agent get paid?

Enrolled Agent Salaries

According to, entry-level EAs, like figuratively right out of the gates, begin with an hourly rate that goes up to $26 an hour. … Mid-level enrolled agents who have 1-2 years of experience typically earn between $37,000 and $50,000 and upward (hourly pay ranging between $12-$55).