Is the enrolled agent certification worth it?

As an EA, they earn the right and privilege to represent clients before the IRS, covering all tax topics and working with any administrative level. It is a highly respected accounting certification that has the power to boost careers and expand opportunities within the profession.

Is enrolled agent a professional designation?

An EA is the highest credential the IRS awards. A professional with this designation typically makes between $15,000 and $20,000 more than CPAs annually. You’ll want to seek out an EA for any and all tax-related issues.

What is an enrolled agent credential?

Enrolled agent status is the highest credential the IRS awards. Individuals who obtain this elite status must adhere to ethical standards and complete 72 hours of continuing education courses every three years. Enrolled agents, like attorneys and certified public accountants (CPAs), have unlimited practice rights.

Is the enrolled agent exam hard?

On the EA exam, candidates have 3.5 hours to answer 100 MCQs. In contrast, the REG exam requires candidates to complete 76 MCQs and 8 TBSs within 4 hours. The EA exam dedicates a bit more attention to limits, phase-outs, and income brackets. Therefore, the EA exam is not extremely difficult.

How much does an enrolled agent make in New York?

How much does an Enrolled Agent make in New York, NY? The average Enrolled Agent salary in New York, NY is $61,244 as of April 26, 2022, but the salary range typically falls between $51,478 and $71,761.

Does IRS hire enrolled agents?

Enrolled Agent Duties They can work with corporations, individuals, trusts, non-profits, or a variety of other entities, and can work in tax areas ranging from calling the IRS on notices to helping clients strategize to legally maximize tax benefits.

How hard is EA exam?

How hard is the EA exam?

What is the pass rate for the EA exam?

Compared to other professional accounting exams, these pass rates are high. The most current average EA exam pass rate is a strong 74%.

How fast can you pass the EA exam?

You may hear some enrolled agents boast that the EA exam is easy and they passed it in just a few weeks. Yet, the reality is that most candidates are not able to pass in 1 month. You may need more than 1 month or even more than 1 year to pass.

How hard is IRS enrolled agent exam?

Can I work at the IRS with an EA?

At a public accounting firm, EAs can work as tax staff, helping to prepare returns and representing clients before the IRS. EAs will likely work with a variety of clients, from individuals to corporations, and will get highly experienced guidance on tax related matters.