You can get enrolled agent jobs and earn a lucrative salary as an enrolled agent. Your career in taxation may be able to take off after you earn your EA (Enrolled Agent) certification. EAs have a continuously expanding work market and receive outstanding compensation and benefits.
Which U.S. City Offers the Highest Salaries for Enrolled Agents in 2025?
If you’re considering a career in accounting or finance, you may be curious about how much money Enrolled Agents make. They also work for some of the most well-respected corporations in the country. So, to determine how lucrative a career as an Enrolled Agent can be, use this information to learn more about the Enrolled Agent salary. Big cities have more job opportunities and a larger pool of skilled workers, but they also typically have a higher cost of living, so location isn’t everything. If you dislike the cold and aren’t comfortable in a big city, you don’t have to live in New York or Chicago to make a living as an Enrolled Agent.
Enrolled Agent Salary in Major Cities
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. These regional differences underscore the importance of considering location when evaluating potential earnings as an EA. It’s advisable to research local salary trends for a more accurate understanding of earning potential in a specific area. Let’s assume that John has already cleared his EA exam and has experience in tax-related research, consulting, and preparation.
What are the job roles of Enrolled Agents?
EAs, while potentially earning less on average, specialize in tax law and regulations. Therefore, the girl is dependent on the taxpayer and needs coverage for expenses related to tuition fees and hostel stay. As of 2024, over 86,000 public accounting firms existed in the cash flow United States. While that number is large, most of those firms are small agencies that handle relatively few clients compared to the big competition. The largest firms in the country pull in billions of dollars in revenue annually and employ tens of thousands of people.
- This means EAs can represent any taxpayer, regardless of whether they prepared their income tax return.
- EAs in senior roles are expected to handle significantly more responsibility, which translates into the possibility of earning a better Enrolled Agent salary.
- Becoming an EA is one of the best investments you can make in your career as a tax preparer.
- Similar to having a corporate attorney, having an Enrolled Agent on staff helps many companies stay on top of their complex tax issues.
- Both individual and company tax returns may be required of you as an EA.
- However, it is vastly cheaper than that of preparing and sitting for the EA exam, and takes much less time to complete.
Firms are especially interested in candidates with technology skills that can be applied to growing areas like cloud systems and data analysis. Managers are looking for new ideas and are prepared to provide the necessary on-the-job training to prepare new hires for success. This is a great time to go into accounting, and becoming an Enrolled Agent will help you land an even bigger starting salary than you could without it.
- EA must normally have at least five years of expertise in tax advising, planning, and training to be considered for high-level roles.
- A person must follow ethical guidelines to maintain this elite rank and finish 72 hours of retraining every three years.
- As an enrolled agent, you can provide services to your clients that other CPAs, bookkeepers, and finance professionals can’t.
- Bookkeepers ensure that a business makes the most economically viable and safe decisions to keep finances tight and under control.
- Moving down to Southern California reveals EA salary numbers that are as sunny as the beaches.
- However, some prefer to work for only one client or for a corporation or a smaller business.
- The other way to become an Enrolled Agent is by having enough IRS experience.
What state pays Enrolled Agents the most?
Offer some benefits (e.g., gyms, cafeterias, and daycare) that smaller firms can’t reasonably fit into their budgets. Offer more flexibility and greater access to management, giving individuals a greater say in the perks and fringe benefits available. It’s really Accounting for Marketing Agencies a personal choice what size company you want to work for, but you should consider benefits that can affect your quality of life.
An Ultimate Guide for Enrolled Agent Jobs and Enrolled Agent Salary
Learn how becoming a tax expert can help you excel at firms of all sizes on our Enrolled Agents at the Big 4 blog. They prepare tax reports, ensure the accuracy of the company’s tax documents, and are responsible for handling any issues. They must stay up to enrolled agent salary date on relevant tax laws and often communicate across departments to ensure the entire firm is complying with accounting procedures.