Top Tips On How To Become An Enrolled Agent

By Maria McDonald


Established tax preparers make lots of money every year by representing all sorts of taxpayers. If you are planning to join them, there are certain things that you have to do. In this article, top tips on how to become an enrolled agent are discussed.

Start by meeting the minimum requirements. Generally, to work as a tax preparer, you should have a high school diploma. Therefore, you do not have to worry about having to acquire an associate degree, especially at the beginning. However, to meet the demands of various tax preparation roles, you will need to acquire good basic computer and mathematics skills. In addition, you will need to have good understanding of various tax regulations.

Seek additional training. You should not fee contented with your high school diploma, but seek additional training. The national Association of Tax Professionals provides various training programs that you will find valuable. From the courses they offer, you will learn a lot of things that will help you in your roles. For example, the organization usually offers training in tax calculations, exemptions, taxpayer interviews etc.

Enroll for higher education. While you may practice even with the simple training you have, seeking higher education opportunities is important for career advancement. Through higher education you will find yourself on the way to becoming a licensed tax accountant or Tax Attorney. Before choosing where to go for the training you need, research the institution properly to confirm that it is accredited.

It is also important to apply to be certified after acquiring the right training. The first thing to do when seeking to get enrolled is to get a Preparer Tax Identification Number. Additionally, you will need to register with the relevant state or federal authorities. To find out the requirements you need to get fully licensed, research online by specifying your state.

Become a registered agent. You can only qualify for the status through demonstrating competence in your tax preparation roles. To do this, you may need to work for the Internal Revenue Service for a given period. Still, you can get the licensing you need through passing the Special Enrollment Examination. Before being licensed, you will also have to be taken through a background check.

Once you have been enrolled, you can begin looking for work opportunities. To get the necessary experience. You can begin by working for any reputable tax preparation service. You can then use your time with them to acquire the additional skills and experience that you need in the industry. Once you have gathered such, you can then look for another work opportunity or branch out as an independent practitioner.

If you decide to start your own firm after gathering the necessary experience, you will need to market your services aggressively. You can start doing this through spreading the word on what you do to your family members and friends. Additionally, you can attend various networking events where you could meet with potential clients.




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