How is cancellation of debt income taxed at the state and local level?

The program provides a strong foundation for the fundamentals of individual, business, gift and estate tax returns. Enrolled agents advise, represent, and prepare tax returns for individuals, partnerships, corporations, estates, trusts, and entities with tax-reporting ... An Enrolled Agent (EA) is a federally licensed tax practitioner knowledgeable in every aspect of taxation under the IRS tax code. An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part ... I enrolled in a tax course at a local college, and during that first tax season I knew I found my career and that was to prepare taxes and become an enrolled ... Apr 11, 2025 ... An Enrolled Agent is a tax practitioner who is federally authorized to represent taxpayers before the Internal Revenue Service (IRS). Holding ... An enrolled agent is a person who has earned the privilege of practicing, that is, representing taxpayers before any office of the Internal Revenue Service. The period up until your first re-enrollment date is considered your “initial enrollment cycle,” and it is normally less than 3 years or 36 months. A copy of the Form 114a should be retained by the attorney, CPA, or enrolled agent. Attorneys, CPAs, or enrolled agents can establish their institution accounts ... Promotes the professional status of its membership through quality education, politically-savvy legislative representation, and public awareness.