How an EA Can Help You Make the Biggest Tax Savings - PowerPoint PPT Presentation

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How an EA Can Help You Make the Biggest Tax Savings

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Tax savings are on all our minds, whatever type of business we’re involved in, and making them is made more achievable with some advanced planning, a lot of expertise and some specialized, up to date knowledge. However, the average business owner doesn’t have those attributes, so it makes sense to work with someone who does; an EA, or enrolled agent. – PowerPoint PPT presentation

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Title: How an EA Can Help You Make the Biggest Tax Savings


1
How an EA Can Help You Make the Biggest Tax
Savings
2
  • Tax savings are on all our minds, whatever type
    of business were involved in, and making them is
    made more achievable with some advanced planning,
    a lot of expertise and some specialized, up to
    date knowledge. However, the average business
    owner doesnt have those attributes, so it makes
    sense to work with someone who does an EA, or
    enrolled agent.
  • What is an enrolled agent?
  • Authorized by the U.S. Department of the Treasury
    to represent taxpayers in the case of IRS audits,
    collections and appeals, EAs are enrolled agents
    who focus predominantly on preparing taxes many
    EAs specialize in tax resolution.

3
  • What do enrolled agents do?
  • Whether youre running a partnership,
    corporation, estate trust or any entity thats
    required to report its taxes, an EA can advise
    and represent you in front of the IRS, and help
    you to prepare your tax return and take advantage
    of any savings that might be applicable. They
    must not only be tested by the IRS before
    qualifying as an enrolled agent, but must
    complete at least 72 hours of continuing
    education every three years.

4
  • Under what circumstances might an EA be able to
    help you?
  • Choose to seek help from an EA if any of the
    following circumstances apply to you
  • You have out-of-state returns
  • If you need to file taxes in more than one state,
    and if you go on to require representation before
    that state in an audit or resolution case, you
    can hire the same EA to help you with both.

5
  • If you have an IRS dispute you need to resolve
  • EAs are generally cheaper than taxation
    attorneys when it comes to pursuing a civil
    resolution case, and their law expertise can help
    in tax proceedings, audit hearings and appeals.
  • An EA will ensure that when youre dealing with
    the IRS, youre treated appropriately, understand
    the proceedings, and that the IRS are following
    the laws put in place to protect taxpayers.
    Theyll also help you devise the best payment
    plan for your circumstances.

6
  • How an EA can help you with tax strategies for
    your business
  • Well versed in the latest tax legislation and
    having completed many years of training to get
    where they are, EAs are best placed to help you
    create a comprehensive and effective tax strategy
    for your business. Theyll help to make sure that
    you never pay more than youre legally required
    to, no matter the size or nature of your
    business.

7
  • If saving money on your taxes is your priority
    and if it isnt, why isnt it? you should
    consider seeking professional help from an EA
    you just might be surprised at how affordable
    they are in relation to how much money they can
    save you in the long run. With their specialized
    knowledge of many industries, theyll help you
    take legal advantage of certain tax credits and
    limit your tax burden as your business grows.

8
  • At Heyer Associates, we proactively assist our
    individual and small business clients in meeting
    their goals. Our key area of focus is ensuring
    that our clients remain compliant with federal
    and state tax laws by providing them with high
    quality accounting and tax services Miami Beach.
    If you are looking for individual tax preparation
    in Miami Gardens, Heyer Associates would be a
    right option.
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