An IRS Enrolled Agent is a tax professional representing taxpayers in matters relating to the Internal Revenue Service (IRS) tax laws. This position is comparable to an attorney or an accountant specializing in IRS matters. IRS Enrolled Agents can choose to represent any taxpayer and may specialize in certain areas of tax law which they practice. The benefit of working with an enrolled agent is that we specialize in dealing with the IRS on your behalf.
Usually, the enrolled agent acts as a legal representative for the taxpayer in issues related to the IRS tax matters. The enrolled agent must be accredited by applying for an enrollment care, which certifies that the agent has proven competence in the areas of tax laws. The services of an enrolled agent for tax problems are indispensable to resolving your IRS related tax issues.
There are circumstances when you need the help of an enrolled agent in order to solve an important tax problem. Here are some:
Specific Role of IRS Enrolled Agent for Tax Problem
Enrolled agents such as CPAs and tax attorneys are tax professionals licensed to represent the taxpayers in their dealings with the IRS. Enrolled agents are specialists in dealing with the IRS related matters as they need to work with the IRS for five years or pass a series of tough tests conducted by the IRS to establish their competence for representing the taxpayers before they can qualify for the license. All the enrolled agents are required to undergo a background check and many hours of Continuing Professional Education (CPE) to keep them up-to-date.
Since the enrolled agents are licensed by the US government and not by the individual states, they can practice across the country. Because of all these specific qualifications, you should consider an enrolled agent for your tax problem, especially if the nature of the problem is related to areas such as the IRS audit representation, unpaid back taxes or to counter an impending tax lien or tax levy on your account.
The best time to reach out to an IRS Enrolled Agent
During uncertain economic times, more and more people find themselves unable to fulfill their tax obligations to the IRS. These same economic conditions cause the IRS to crack the whip on defaulters and adopt every possible means to enforce the collections. In fact, recently the enforcement budget has increased and the IRS has added and intends on adding more staff to their team for greater effectiveness. So, if you have piled up the unpaid back taxes, chances are that the IRS may come knocking your door soon. To avoid a visit from the IRS, you should reach out to an experienced IRS enrolled agent for your tax problem.
An IRS enrolled agent is the best tax professional to help you if your tax problems are specifically related to the areas such as IRS audits and responding to the IRS collection enforcement. If the IRS has expressed intent to place a lien on your physical assets, place a tax levy on your bank accounts, or garnish your wages, then it is time to contact an IRS enrolled agent. If a levy has already been placed, then the IRS enrolled agent will help to release it.
The following are examples of some of the resolutions which an IRS enrolled agent can negotiate on your behalf:
- Penalty Abatement
- Offer in Compromise
- Payment Plans
- File Unfiled Tax Returns
- Innocent Spouse Relief
It is best to reach out to an IRS enrolled agent because they specialize in matters of tax law and are well-versed in the regulations and workings of the IRS. If you have been contacted by the IRS for an audit, or if a lien has been placed against you, we can help you find the best possible solution to your tax problems. Contact us today.
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Stephen Wallick started Stephen Wallick & Associates to provide tax and accounting services to Contractors, Real Estate Investors, and Realtors. Steve specializes in IRS Tax Resolution services and works with his clients to resolve cases under scrutiny by the IRS. As a tax professional and enrolled agent, Steve can save you money with IRS loopholes each year. With over 20 years going up against “The Man”, Steve is uniquely qualified to resolve even the toughest IRS cases.