What are the regulations governing financial advisors?

Dec 4, 2024 ... This article will break down the roles, qualifications, and areas of expertise of EAs and CPAs to help you choose the right tax professional for your needs. Enrolled Agents' expertise in the continually changing field of taxation enables them to effectively represent taxpayers at all administrative levels within the ... Enrolled Agents advise, represent, and prepare tax returns for individuals, partnerships, corporations, estates, trusts, and any entities with tax-reporting ... An Enrolled Agent (EA) is a tax advisor, specifically a federally authorized tax practitioner who, after passing a 3-part Special Enrollment Examination, What is an Enrolled Agent? An Enrolled Agent is a tax professional who has been admitted to practice before the Internal Revenue Service. Therefore, they may ... Enrolled agents have demonstrated competence in tax matters by passing 3 tests that cover Individual returns, Business & Estate returns and Ethics as codified ... They have unlimited representation rights before the IRS, and may represent their clients on any matters including audits, payment/collection issues, and ... Feb 19, 2024 ... CPA's are experts in all aspects of accounting (financial statements, taxes, estate planning, business law, etc.) EA's are experts in tax. Jul 23, 2013 ... An Enrolled Agent can prepare a tax return, represent you in an audit, and help you settle your IRS debt. Some Enrolled Agents can even ... May 1, 2024 ... My recommendation is to thoroughly study the textbook, watch all the webinars, and also watch supplementary accounting videos on YouTube or other sources.