How to Become an Enrolled Agent: A Step-by-Step Guide

📚Enrolled agents have unlimited practice rights and can represent taxpayers before the IRS in all 50 states.

💼Enrolled agents can provide tax preparation, planning, representation, and consulting services.

💰Enrolled agents can help taxpayers who owe the IRS and are unable to pay, as well as those undergoing audit or levies.

📝The EA exam consists of three parts: individual taxation, business taxation, and tax law and representation.

📜Enrolled agents are governed by Circular 230, which outlines ethical standards and guidelines.

What are the education requirements to become an enrolled agent?

—A high school diploma is the minimum requirement to become an enrolled agent. However, some additional education in tax or accounting may be beneficial for exam preparation.

How much does it cost to take the EA exam?

—As of 2023, the total cost to sit for all three parts of the EA exam is $618. Each part costs $206.

Are enrolled agents authorized to provide tax representation?

—Yes, enrolled agents have the authority to represent taxpayers before the IRS in all 50 states. They can assist with tax debt resolution, audit defense, and more.

Is there a continuing education requirement for enrolled agents?

—Yes, enrolled agents are required to complete a certain number of hours of continuing education each year to maintain their status. This ensures that they stay up-to-date on tax laws and regulations.

Can enrolled agents provide tax planning services?

—Yes, enrolled agents have the knowledge and expertise to provide tax planning services. They can help individuals and businesses minimize their tax liability and make informed financial decisions.

00:02Introduction to the importance of becoming an enrolled agent and helping taxpayers with their IRS issues.

01:02Explanation of what it means to be an enrolled agent and the services they can provide.

02:55Step-by-step guide on how to become an enrolled agent, including education requirements, exam preparation, and the application process.

07:47Overview of the three parts of the EA exam and the topics covered in each.

09:59Information on the suitability check and the requirements for becoming an enrolled agent.

11:55Invitation to join the tax representation journey, a community for enrolled agents to improve their skills and build their client base.