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Home > Perfect World Network Radio > Positive Impact Radio-Anca Micoara Enrolled Agent - How to Avoid IRS Audits
Podcast: Perfect World Network Radio
Episode:

Positive Impact Radio-Anca Micoara Enrolled Agent - How to Avoid IRS Audits
Category: Business
Duration: 00:30:00
Publish Date: 2016-03-28 14:00:00
Description: 2 pm Central, "Positive Impact Radio," host Carol Wachniak Understanding Tax Return Preparer Credentials and Qualifications Any tax professional with an IRS Preparer Tax Identification Number (PTIN) is authorized to prepare federal tax returns. However, tax professionals have differing levels of skills, education and expertise. An important difference in the types of practitioners is “representation rights.” Here is guidance on each credential and qualification: UNLIMITED REPRESENTATION RIGHTS: Enrolled agents, certified public accountants, and attorneys have unlimited representation rights before the IRS. Tax professionals with these credentials may represent their clients on any matters including audits, payment/collection issues, and appeals. Enrolled Agents – Licensed by the IRS. Enrolled agents are subject to a suitability check and must pass a three-part Special Enrollment Examination, which is a comprehensive exam that requires them to demonstrate proficiency in federal tax planning, individual and business tax return preparation, and representation. They must complete 72 hours of continuing education every 3 years. Certified Public Accountants – Licensed by state boards of accountancy, the District of Columbia, and U.S. territories. Certified public accountants have passed the Uniform CPA Examination. CPAs may offer a range of services; some CPAs specialize in tax preparation and planning. Attorneys – Licensed by state courts, the District of Columbia or their designees, such as the state bar. Generally, they have earned a degree in law and passed a bar exam.  some attorneys specialize in tax preparation and planning.
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