What are the tax implications of starting a small business?

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. An enrolled agent is a tax practitioner with technical expertise in taxation. Additionally, an EA enjoys full authorization to represent taxpayers. The Enrolled Agent program is a blended-learning program that prepares participants to pass the IRS Special Enrollment Examination (SEE). Sessions are ... Jul 19, 2023 ... Many EAs possess broad financial knowledge and can provide holistic financial planning services. They can assist with retirement planning, ... Apr 27, 2023 ... This article will explain the differences between an enrolled agent (EA) and a CPA, helping you make the right choice for your business. Becoming an EA is both a professional and personal milestone that recognizes that you have demonstrated tax competence and have earned the right to represent ... Both are in demand for different reasons. EAs are highly sought after for their tax expertise, especially for IRS representation. CPAs are valued across various ... More than a tax preparer, Enrolled Agents are federal tax specialists who can represent you before the IRS regardless of your tax problem or location. And, with ... Apr 11, 2025 ... An Enrolled Agent is a tax practitioner who is federally authorized to represent taxpayers before the Internal Revenue Service (IRS). Holding ... Enrolled agents have demonstrated competence in tax matters by passing 3 tests that cover Individual returns, Business & Estate returns and Ethics as codified ...