Enrolled Agent Salary: Pay Guide for Enrolled Agents in 2024

During this time the test is updated with the most recent tax law. Each exam part may be taken 4 times per testing window, which runs from May 1 to the end of February. In general, any criminal offense resulting in a felony conviction under federal tax laws or a felony conviction related to dishonesty or a breach of trust, that is less than ten years old. In general, any overdue tax return that has not been filed or any unpaid taxes unless acceptable payment arrangements have been established. There is a $259 fee per part paid at the time of appointment scheduling. Below, you’ll find Zip Recruiter’s average Enrolled Agent salaries.

How to increase your salary as a tax preparer

However, it is vastly cheaper than that of preparing and sitting for the EA exam, and takes much less time to complete. Another way to boost your salary and solidify your expertise is to become dual-certified. enrolled agent salary Whether you’re just getting started as an Enrolled Agent or are already a CPA wanting to specialize in tax, dual certification is the best way to help yourself stand out from the crowd.

Average enrolled agent salary

The average enrolled agent salary has risen by $3,188 over the last ten years. In 2014, the average enrolled agent earned $31,983 annually, but today, they earn $35,171 a year. That works out to a 4% change in pay for enrolled agents over the last decade.

Enrolled Agent Salary by Employer Type

Of course, the more experience you have, the more an employer will be willing to pay you. Consequently, entry-level positions start on the low end of these ranges, while senior positions claim https://www.bookstime.com/ the highest salaries. For example, in Phoenix, a senior tax consultant with an enrolled agent designation and over 5 years of relevant experience can earn over 6 figures at a regional firm.

Where can an Enrolled Agent earn more?

The candidate will need to remove the lid/cap for visual inspection by the Test Center staff. Should the container not meet the requirements outlined, the candidate will be required to put it in their locker and will not be allowed to take it into the test room. Review a breakdown of entry level salary expectations by state here. Considering becoming an Enrolled Agent, but curious about the salary prospects?

High Paying Enrolled Agent Jobs

For example, many small to mid-sized businesses prefer to outsource their accounting. So, having one person serve as both their tax preparer and their tax attorney appeals to these clients quite a lot. Additionally, clients often prefer to work with a single individual or a small team for the sake of efficiency. Therefore, as with the lion’s share of the small accounting agencies out there, specialization is key. Consequently, building a reputation as the tax expert in town (and the tax law expert) can really help your career.

• I am the author of How to Pass The CPA Exam (published by Wiley) and the publisher of this and several accounting professional exam prep sites.
• Circular 230, current and prior year versions of IRS publications, forms and instructions are accessible online at IRS.gov.
• Unlike other non-enrolled tax professionals, an enrolled agent has special permission to perform legal services that other tax professionals cannot.
• For example, assume a candidate passed Part 1 on Nov. 15, 2021.
• On the other hand, the smallest successful brokers and agents typically see less than a million dollars come through their doors each year.
• Large firms are willing and able to pay a premium to attract top talent.

Which companies pay enrolled agents the most?

EAs are federally authorized to represent taxpayers before the IRS and have unlimited representation rights. This means EAs can represent any taxpayer, regardless of whether they prepared their income tax return. EAs can also represent any tax matter, as well as appeal to any office of the IRS. The other way to become an enrolled agent is by having enough IRS experience. According to the Treasury Department guidelines, you must have at least 5 years of active, continuous service in order to become an EA.

A minimum of 16 hours must be earned per year, two of which must be on ethics. Review detailed information about continuing education for enrolled agents. According to ZipRecruiter.com, the average annual salary for an Enrolled Agent as of December 2021 was $59,020. Additionally, because enrolled agents are federally designated, they can work in any state in the country. And, with the increased convenience and reliability of telecommuting technology, a small firm can serve clients nationwide.

• The average Enrolled Agent salary in California is $47,126 as of May 28, 2024, but the range typically falls between $43,478 and $52,894.
• Water is allowed in the testing room but it must be in a clear or transparent container with a lid or cap.
• Offer some benefits (e.g., gyms, cafeterias, and daycare) that smaller firms can’t reasonably fit into their budgets.
• Once you get your first job, experience starts to include actual time working in the industry and your accomplishments at work.
• The highest-paying cities for enrolled agents are Green Bay, WI, San Francisco, CA, and Southfield, MI.
• In addition to preparing taxes and providing advice, enrolled agents have permission to act on behalf of their clients in any and all dealings with the IRS.

Average enrolled agent salary by state