The real question is, why wouldn’t you hire an Enrolled Agent (EA) to prepare your taxes? The season of filing can be filled with ledgers, receipts, stress, and–dare I say it–errors. Working with an accounting expert who specializes in tax preparation is a wise choice for the small business owner!
In the past we’ve written about the benefits of working with an Enrolled Agent, and today we’re going to do a quick comparison of EAs and CPAs. Both have extensive training from the IRS, but only EAs are considered to be America’s Tax Experts.
What is a Certified Public Accountant (CPA)?
Certified Public Accountants primarily specialize in the field of public accounting. Their expertise is in internal accounting, which includes business bookkeeping, internal audits, and accounting software advising. While they are certified to prepare taxes and provide tax planning, that’s only a small part of what they’re qualified to do.
What is an Enrolled Agent (EA) in Accounting?
An Enrolled Agent is a tax preparation expert who has completed comprehensive IRS testing and earned the highest tax credential offered by the IRS. Enrolled Agents have no restrictions regarding who they can represent or serve.
When it comes to tax compliance, EAs are immersed in the latest and greatest. Agents are required to complete 72 hours of continuing education every three years, which means we’re knowledgeable in the most current tax practices and policies.
Enrolled Agent capabilities include:
Personal tax preparation
Business tax preparation
Tax return problem resolution
Why Hire an EA Accountant?
There are lots of reasons to hire an Enrolled Agent to handle your business tax preparation. Let’s look at the top three:
- Cost. You’ll typically spend less overall when you hire an EA. As opposed to CPAs, we’re specifically tax experts, and we operate within a highly specialized and affordable niche.
- Time. With all the complex tax regulations surrounding your small business, it can pay to not do-it-yourself. We know the ropes, and we’ll get it right for you!
- Personal touch. When compared to CPAs, Enrolled Agents are usually more like people, and less like human calculators! When it comes to our friendly team at Tax Services of Londonderry, truer words have never been spoken.
Enrolled Agents in Southern NH
Looking for an Enrolled Agent in Southern NH or Northern MA to handle your tax needs? Our team at TSLNH ensures accuracy, friendliness, and reliability. Contact us to discuss your needs. We look forward to serving you!