What are the differences between Enrolled Agents and CPAs?
The primary difference between Enrolled Agents and CPAs is that CPAs are licensed by state accountancy boards, and Enrolled Agents are licensed by the Federal Government through the Internal Revenue Service.
Enrolled Agents (EAs) are Tax Specialists.
Only Enrolled Agents (EAs) are required to demonstrate to the Federal Government their competence in matters of taxation before they may represent a taxpayer before the IRS.
Continuing Professional Education Standards
Both professional certifications are earned and maintained through a rigorous process. Both require 30 or more hours of continuing education every year, but the EA’s continuing education must be in taxation. The CPA continuing education requirement is not specific to taxation.
So, while CPAs may or may not choose to specialize in taxes, ALL EAs specialize in taxation by definition.
Steve chose to complete his EA Certification before his CPA Certification because an EA is the best fit for Income Tax Return Preparation and IRS Issue Resolution.
Contact Steve today to learn how you can save money on your tax return next Spring.