The Enrolled Agent credential is the highest designation awarded by the Internal Revenue Service. The average enrolled agent salary in Alaska, Wisconsin, and Washington are the highest in the U.S. The lowest average enrolled agent salary states are Virginia, Tennessee, and West Virginia. Enrolled agent salary is impacted by location, education, and experience.
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- The main service that distinguishes an Enrolled Agent from others is the ability to represent taxpayers.
- 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.
- This means that enrolled agents are able to represent taxpayers in any state in the country.
- The length of time required to become an enrolled agent is much less than the amount of time required to become a CPA.
Additionally, because Enrolled Agents are federally designated, they can work in any state in the country. And, with the increased convenience and reliability of telecommuting technology, a small firm can serve clients nationwide. For example, a small Enrolled Agent-run firm in rural Nevada could expertly serve clients in New York, California, or Alabama. Therefore, the ability to expand your client base beyond state borders is an advantage enrolled agents have over CPAs.
Benefits Of Being An Enrolled Agent
Even within the same industry, while you may see less of a disparity, it’s not uncommon to find that some companies offer larger and some smaller salaries for relatively similar roles. Senior level internal revenue agents can earn a healthy income in the accounting world. If your goal is to work at one of the Big 4 accounting firms, the Enrolled Coffee Shop Accounting 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.
Corporations and Private Businesses
And while they say everything’s bigger in Texas, this statement doesn’t necessarily hold true for Dallas Enrolled Agent salaries. But the average EA salary in Dallas for jobs posted in the area pay between $36,674 and $53,100 annually. According to a recent search on Indeed.com, over half of the Enrolled Agent jobs in Atlanta enrolled agents salary pay more than 6 figures. Therefore, the EA salary range in that city is a little lower, with the average salary about $38,197 to $55,306.
Among the differences between these two careers is that certified public accountants are regulated at the state level. In order to become a certified public accountant, candidates are required to complete a minimum of 150 undergraduate hours. A mid-level enrolled agent with between five and 10 years of experience can generally expect to earn an average salary https://cn.celticfc.net/2024/12/retained-earnings-entries-and-statements-financial-2/ of $50,000. For example, many small to mid-sized businesses prefer to outsource their accounting. So, having one person serve as both their tax preparer and their tax attorney appeals to these clients quite a lot. Additionally, clients often prefer to work with a single individual or a small team for the sake of efficiency.
Mid-level agents can expect their salaries to be between $50,000 and $70,000 annually. Knowledge of IRS guidelines, experience in client representation, and tax preparation skills all play a significant factor in the earning potential. Entry-Level EAsAn entry-level position is the starting point for an EA career after passing the exam.