Enrolled Agent Salary: Pay Guide for Enrolled Agents in 2024

enrolled agent salary

We have researched the job market for this profession in detail and derived average values. In deriving an average wage, the lowest annual salary is £26,569, and the highest rate is £36,659. Enrolled agents earn the highest average salary in Alaska, Wisconsin, Washington, North Dakota, and Oregon. EAs are federally authorized to represent taxpayers before the IRS and have unlimited representation rights.

As of October 2021, the Bureau of Labor Statistics (BLS) recorded the national median salary for CPAs in the U.S. as $73,560. Jobs paying $58,500 or less are in the 25th percentile range, while jobs paying more than $83,000 are in 75th percentile. The Enrolled Agent (EA) credential is a nationally recognized certification offered by the IRS for tax professionals. There is no specific education or work experience requirement, http://politua.ru/economy/451.html although candidates should have well-established tax knowledge before taking the exam. If you’re looking to speed up your salary gains in tax preparation, the best thing you can do is earn a professional designation, like the Enrolled Agent designation awarded by the IRS. Earning an EA confirms to clients the tax knowledge that you have, and keeps you up to date every year on any changes in taxation.

The Enrolled Agent Salary: Our Guide to EA Salaries

In contrast, CPAs and tax attorneys may be licensed by their state but not by the federal government. If your goal is to work at one of the Big 4 accounting firms, the Enrolled Agent designation is one way to stand out from other applicants. Learn how becoming a tax expert can help you excel at firms of all sizes on our Enrolled Agents at the Big 4 blog. Tax preparers work with taxpayers to complete federal and state tax returns. This job usually involves a busy season, with the highest workload occurring from December to mid-April.

  • Entry-level tax preparers make less, but can expect their salary to increase after gaining several years of experience, and gathering more clients.
  • In 2014, the average enrolled agent earned $31,983 annually, but today, they earn $35,171 a year.
  • EAs are authorized to represent individuals, businesses, and estates in all matters before the IRS, including audits, collections, and appeals.
  • EAs may function as advisors by giving clients written advice on business transactions and tax compliance, even though their principal job is in the tax preparation profession.
  • An estimated 70,000 people came to the UK on family visas in the year ending June 2023.

Both pay and corporate culture may vary widely from one firm to the next, although there are certain commonalities across businesses of a comparable size. Even the most well trained Enrolled Agent is unlikely to make as much money working for a small business as they would working for a bigger one. The starting salary for Enrolled Agents at certain major companies may be much more than the salary for Enrolled Agents at some smaller companies, regardless of experience.

Complete the Annual Filing Season Program

An enrolled agent with 0-2 years of experience earns an average entry-level salary of $21,082. A mid-career enrolled agent with 3-6 years of experience makes $35,171 a year on average. A senior level enrolled http://zxtunes.com/author.php?id=802&md=3 agent with 7-12 years of experience enjoys an average annual salary of $41,077. According to ZipRecruiter.com, the average annual salary for an Enrolled Agent as of December 2021 was $59,020.

It’s essential to take into account the cost of living expenses in your deliberations as well. As per information provided by the Bureau of Labor Statistics (BLS), the median salary for CPAs stands at $73,560. The Beta Site is provided on an “as is” and “as available” basis and we make no warranty to you of any kind, express or implied. The firm runs five homes in Herefordshire and Worcestershire with about 10% of staff from overseas.

Highest paying enrolled agent jobs

This in turn makes you a more popular choice compared to your peers when it comes to a potential client looking for a tax professional. Discussed below are the primary differences between EAs and CPAs, which should provide a better understanding of which professional is most suitable for the work required. Choosing a company’s size is a matter of personal preference, but it’s important to think about how the perks will affect your daily life. The annual fee visa holders must pay to use the NHS – known as the immigration health surcharge – will rise from £624 to £1,035.

On the other hand, accounting jobs for enrolled agents at top corporations like Apple, Starbucks, FedEx, and GE typically pay between $60,000 to $80,000 per year. According to Indeed.com, over half of the enrolled agent jobs in Atlanta pay more than 6 figures. Therefore, the EA salary range in that city is significantly higher, starting at over $80,000. In New York City, the average salary for an enrolled agent is above the national average, with NY EAs making $56,691 on average.

Benefits of Becoming an Enrolled Agent (EA)

Therefore, you should compare the average EA salaries across the United States to better understand how much you can make as an EA. Enrolled agents typically specialize in taxation, and they use their knowledge of tax law to help taxpayers resolve problems with http://vfocuse.ru/foreigneconomic/kak-vygodnee-organizovat-gruzoperevozki/ the IRS. They can also prepare and file tax returns, represent taxpayers in audits, and negotiate with the IRS on behalf of taxpayers. The answer to this question depends on various factors, including experience level, certification status, and location.

enrolled agent salary

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