How An Enrolled Agent Can Help With Your Taxes

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How An Enrolled Agent Can Help With Your Taxes
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• If youre new to the world of business, you may
  not know what an EA, or enrolled agent is or even
  how they can help businesses with their taxes. If
  youre one of those people, then read on and find
  out whether an EA can help you with your taxes
• What are enrolled agents?
• EAs are similar in their roles and
  responsibilities to CPAs and tax attorneys, in
  that they are tax professionals who can help you
  with your business, and individual tax returns,
  and can also represent you before the IRS.

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• Over time, the duties of the Enrolled Agent have
  increased to include preparing the many tax forms
  required resulting from reforms and changes to
  federal and state laws.
• Does the IRS accept EAs?
• Qualified EAs have obtained the highest
  credentials that the IRS can award, meaning that
  they are deemed able to represent taxpayers
  before them. Resulting from their high status,
  they are obliged by law to stick to a strict
  standard of ethics and must complete 72 hours of
  continuing education over a period of 3 years.

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• Enrolled Agents may represent whomever they wish
  and choose which type of tax matters they deal
  with, essentially meaning that they have
  unlimited practice rights. They can work across
  state borders, and unlike CPAs and attorneys,
  are not required to meet the reciprocity
  requirements of the state that they wish to
  practice in.
• Is there anything that an EA is not permitted to
  do?
• EAs can perform a wide variety of accounting
  tasks, and can even perform audits, but they are
  not able to give the kind of opinion that a
  public company would need when filing its
  financial statements with the Securities and

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• Exchange Commission. However, most small
  businesses that are not public, are not required
  to have audited statements that are compliant
  with SEC.
• How can an EA help you and your small business?
• Enrolled Agents are immensely useful to small
  businesses, since they can prepare your taxes and
  represent you before the IRS if necessary, while
  able to complete a multitude of accounting tasks,
  too. Their knowledge of all tax laws, state and
  federal throughout the entire country, is second
  to none, and for that reason, they are often in
  the best position to help you and your business
  stay tax law compliant.

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• Many professional companies offering tax
  preparation and planning services will have at
  least one EA on their team, and a consultation
  (either over the phone or face to face) will
  quickly determine whether you and your small
  business would benefit from their expertise and
  knowledge.
• At Heyer Associates, we proactively assist our
  individual and small business clients in meeting
  their goals. Our key area of focus is ensuring
  that our clients remain compliant with federal
  and state tax laws by providing them with high
  quality accounting and tax service Coral Gables.
  If you are looking for individual tax preparation
  in Miami, Heyer Associates would be a right
  option.