Bookkeeping

Enrolled Agent Salary

By October 5, 2023 No Comments

how much does an enrolled agent make

Learn our sales system, schedule appointments and meet with clients virtually – Complete initial phone discovery to match client’s with the best insurance … Develop and implement tax strategies tailored to the unique needs and objectives of professional services firms, including law firms, PR & media, and other service providers. The other way to become an enrolled agent is by having enough IRS experience. According to the Treasury Department guidelines, you must have at least 5 years of active, continuous service in order to become an EA.

Average Base Salary

Once completed, you are listed on the IRS’ RPO database as an official “Annual Filing Season Program Participant”. Another way to boost your salary and solidify your how much does an enrolled agent make expertise is to become dual-certified. Review a breakdown of entry level salary expectations by state here.

For example, a small agency that specializes in escrow accounting may not need an enrolled agent. On the other hand, a small company that specializes in complex tax situations would really benefit from having one or two EAs on staff. According to the 2024 Robert Half Salary Guide, hiring trends in accounting and finance continue to favor the job candidate. Firms are looking to fill entry-level positions, so recent accounting grads and young professionals are in a great position to get their first accounting job.

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how much does an enrolled agent make

The lowest average enrolled agent salary states are Virginia, Tennessee, and West Virginia. Enrolled agent salary is impacted by location, education, and experience. Step into an exciting role as a Sales Representative with our team on a 1099 contract basis. No prior sales experience needed; receive in-depth training on our products/services, sales techniques, and virtual communication tools. Whether you’re an experienced sales professional or new to the fie… In order to become an enrolled agent, you must satisfy the EA requirements of Treasury Department Circular 230.

Offer some benefits (e.g., gyms, cafeterias, and daycare) that smaller firms can’t reasonably fit into their budgets. 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 date on relevant tax laws and often communicate across departments to ensure the entire firm is complying with accounting procedures. 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.

Sales Representative (Remote and No Experience Needed)

  1. So, if you’re just starting out as an enrolled agent, you can expect to make somewhere between $30,000 and $40,000 annually.
  2. Completing the AFSP is not nearly as comprehensive as receiving an Enrolled Agent designation, and you do not have as many rights as an EA.
  3. 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.
  4. If you’re planning to start your own book of business, then earning the enrolled agent designation is a great way to differentiate yourself from the bulk of your competitors.
  5. We have an immediate full-time remote Benefits Representative/CSR position for driven and energetic personalities willing to learn.

The highest paying types of enrolled agents are insurance broker, licensed insurance producer, and insurance producer. Joining the Summers Agency as an Entry Level Sales Representative comes with perks to support you in your personal and professional journey. Your level of success will depend on various factors, including your efforts, your ability to follo… Looking for those starting at entry level to highly experienced representatives.

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. Large firms are willing and able to pay a premium to attract top talent.

Recently added enrolled agent salaries

As per information provided by the Bureau of Labor Statistics (BLS), the median salary for CPAs stands at $78,000. Below, you’ll find Zip Recruiter’s average Enrolled Agent salaries. In the role of a Collections Representative, you will specialize in one brand through our comprehensive 4-week training program. Efficiently manage both incoming and outgoing calls to address customers with overdue loan payments.

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