We have two Enrolled Agents at Maloney & Kennedy.
Enrolled Agents (EAs) are federally-licensed tax practitioners who may represent taxpayers before the IRS when it comes to collections, audits and appeals. Enrolled agent status is the highest credential the IRS awards. Individuals who obtain this elite status must adhere to ethical standards and complete 72 hours of continuing education courses every three years.
Enrolled agents, like attorneys and certified public accountants (CPAs), have unlimited practice rights. This means they are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent clients before.
The Differences Between Enrolled Agents And Other Tax Professionals
Only enrolled agents are required to demonstrate to the IRS their competence in all areas of taxation, representation and ethics before they are awarded unlimited rights to represent taxpayers before IRS. Unlike attorneys and CPAs, who are state-licensed and who may or may not choose to specialize in taxes, all enrolled agents specialize in taxation.
Why should I choose an enrolled agent who is a member of the National Association of Enrolled Agents (NAEA)?
The principal concern of NAEA and its members is honest, intelligent and ethical representation of the financial position of taxpayers before government agencies. Members of NAEA must fulfill continuing professional education requirements that exceed IRS’ standards. In addition, NAEA members adhere to a stringent code of ethics and rules of professional conduct as well as the Treasury Department’s Circular 230 regulations. NAEA members belong to a strong network of experienced, well-trained tax professionals who effectively represent their clients and work on behalf of taxpayers to see that the tax code is fairly applied and reasonably enforced.
How can an enrolled agent help me?
Enrolled agents advise, represent and prepare tax returns for individuals, partnerships, corporations, estates, trusts and any other entity with tax-reporting requirements. Enrolled agents prepare millions of tax returns each year.
Enrolled agents’ expertise in the continually changing field of taxation enables them to effectively represent taxpayers audited by IRS. Some enrolled agents work only during tax season or by appointment only, while other enrolled agents have year round practices. In addition to tax preparation and representation, our enrolled agents offer other business related services which include:
- Financial planning or budgeting
- Payroll services
- Financial statement preparation
- Mortgage assistance
Contact us today if you have any questions about our Enrolled Agents.