| What's the difference between a CPA, an | | | | • Enrolled agents are not able to help |
| Enrolled Agent (EA), a Tax Attorney and a | | | | in a criminal investigation either. |
| Debt Counseling or Resolution Firm? Which of | | | | |
| these is best for you? | | | | In cases involving criminal investigation, we |
| | | | highly recommend that you find an experienced |
| Complicated tax laws make it difficult to | | | | tax attorney. |
| know who to turn to for tax assistance. Most | | | | |
| people think CPAs. If the problem involves a | | | | What makes enrolled agents different from |
| court case, perhaps they will contact a tax | | | | credit resolution firms? Plenty. |
| attorney. But working with these | | | | |
| professionals can be costly and | | | | • Credit resolution firms fix your |
| time-consuming because they do not focus | | | | credit but are not able to help you solve |
| solely on taxes. What if you need a tax | | | | your tax problem. They will help you find |
| problem solved by a tax expert at a | | | | areas to fix your credit score. |
| reasonable price? Try an enrolled agent. | | | | |
| Enrolled agents are licensed tax resolution | | | | • Enrolled agents solve tax problems. |
| specialists. | | | | They are specialized in the area of fixing |
| | | | people's tax problems. |
| Enrolled agents are recognized by the | | | | |
| Internal Revenue Service as individuals who | | | | What makes enrolled agents different from |
| are licensed to represent individuals and | | | | CPAs? Two major differences. |
| businesses with tax problems in front of the | | | | |
| Internal Revenue Service. They must pass a | | | | • CPAs are able to do audit of |
| two day test strictly on taxes. The Internal | | | | corporation that require internal audits of |
| Revenue Service grades the test on a bell | | | | their books. A company that is traded on the |
| curve basis so the number of individuals that | | | | NYSE is required by the SCC to have audits of |
| pass are limited. | | | | their books done. A CPA needs to be hired to |
| | | | prepare the audit. |
| Good enrolled agents take their job seriously | | | | |
| and follow the guide of ethics proscribed in | | | | • CPAs are able to attest to the |
| Circular 230 that regulates individuals that | | | | authenticity of the financial statements for |
| practice in front of the Internal Revenue | | | | banks. |
| Service. The guideline is to represent your | | | | |
| client zealously in front of the Internal | | | | Truly, the difference in the tax |
| Revenue Service. Enrolled agents | | | | representation world between CPAs and |
| enthusiastically and aggressively speak | | | | enrolled agents is nothing. |
| taxes. | | | | |
| | | | It is important to know that the person that |
| What makes enrolled agents different from tax | | | | you are hiring for representation in front of |
| attorneys? Nothing. | | | | the Internal Revenue Service is able to |
| | | | represent you with the best knowledge of how |
| • Bottom line is that enrolled agents | | | | to solve tax problems. Successful tax problem |
| are able to do everything that a tax attorney | | | | resolution specialists like Centsable |
| is able to do except go to tax court. | | | | Accounting, Inc. spend the time to train |
| | | | their team of tax solvers to solve tax |
| The truth is that many options outside of the | | | | problems. |
| tax court arena exist that are beneficial to | | | | |
| solve the tax problem. The cases that go to | | | | We at Centsable Accounting, Inc. take it |
| tax court are usually bad cases since the tax | | | | seriously to solve your tax problem under the |
| court is the one that decides which cases go | | | | best possible options that are available to |
| in front of the court and which ones do not. | | | | you. We want what is best for our client. |
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