Does Your Small Business Need An Enrolled Agent?

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Does Your Small Business Need An Enrolled Agent?
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• The role of an Enrolled Agent can be confusing to
  many, and as a result, some small business owners
  may not fully understand how an EA can help with
  their taxes and hence are unsure as to whether
  they would benefit from their services.
• Here are Enrolled Agents in a little more detail
• What is an Enrolled Agent?
• EAs are tax professionals that are similar in
  many ways to CPAs and tax attorneys and can help
  businesses with their tax returns. In addition,
  they can represent you before the IRS in many tax
  matters, unless you

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• are required to attend Tax Court, in which case
  an attorney must represent you.
• The role of the EA has changed over the years,
  and now includes the preparation of many tax
  forms, and the ability to negotiate with the IRS
  on behalf of their clients.
• Enrolled Agents and the IRS
• Since enrolled agent status is the highest
  credential awarded by the IRS, they can legally
  represent taxpayers before them. A strict code of
  ethical standards and many hours of continuing
  educational courses must be adhered to by all
  EAs.

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• What do Enrolled Agents do?
• Many enrolled agents have accounting practices
  and are in direct competition with CPAs,
  bookkeepers and other forms of accountants. Their
  enrolment is a federal designation, permitting
  them to work across borders, whereas CPAs and
  attorneys must adhere to the requirements of
  whichever state they wish to practice in.
• What are Enrolled Agents not able to do?
• While EAs often perform accounting tasks and
  even audits, when a public company file its
  financial statements with the Securities and
  Exchange Commission, they need a professional who
  can express an

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• unqualified opinion, and this is something that
  an EA cannot do.
• Does Your Small Business Need an Enrolled Agent?
• An EA can prepare all your business taxes and
  even represent you should you be chosen for an
  audit by the IRS, while also able to fulfil many
  of the duties that an accountant is expected to
  fulfil. EAs are tax professionals through and
  through, and there is precious little that they
  dont know about filing, deductions, laws and how
  best to help small businesses stay on the right
  side of the IRS. So yes, your business may well
  need an Enrolled Agent!

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• Many tax consultancy firms have at least one EA
  on their team, and so finding one to help you and
  your small business should not be difficult.
  Finding one that you like and who works well with
  you may not be so straightforward, but as they
  are highly qualified and professional, they will
  always have the best interests of your business
  in mind, and this is the most important factor
  when outsourcing accountancy roles.

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• 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.