There are many types of tax professionals who can prepare your
taxes. What difference does it make whom you choose? It makes a
lot of difference. As a consumer your goal should be to NOT
overpay for professional tax services by getting those you don't
need, and don't under pay for a professional, that is, use one
who cannot address your concerns.
Most Americans will benefit from the use of an enrolled agent so
that is who I will discuss in this article. My next article will
discuss certified public accountants.
1. Enrolled agents prepare taxes, represent clients before the
Internal Revenue Service, provide financial planning, and other
services to individuals and businesses.
2. Enrolled agents can represent any category of tax payer with
the IRS, any tax issue, and can practice before any tax office.
3. An enrolled agent must embark upon a course of study that
includes reading 400 pages of study material to take a four-part
exam.
4. Enrolled agents are required to uphold a code of ethics and
professional conduct and are required to stay current on tax
issues and laws by taking Continuing Professional Education
Courses.
5. Enrolled Agents are both knowledgeable with tax law, and have
reasonable fees in line with what an average American can pay.
Like Certified Public Accountants and tax attorneys enrolled
agents are regulated by the federal government in their practice
before the Internal Revenue Service. Enrolled Agents are much
less expensive than Certified Public Accountants or Tax
Attorneys. This and the fact that they are licensed and take
continuing education courses in taxes make them a good option
for the average tax payer as well as small business.
www.Msfinancialsavvy.com -- This article can be reprinted in web
or print as long as the author bio is included and live links
are included on the web.
About the author:
Lois Center-Shabazz is the author of the award-winning book,
"Let's Get Financial Savvy!ISBN #0971979502. She is the founder
of the personal finance website,
www.Msfinancialsavvy.com.
Receive a free ecourse when you sign up for her free enews
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