So, if you’re just starting out as an Enrolled Agent, you can expect to make somewhere between $30,000 and $40,000 annually. Tax Preparation Professional – One of the most common employment choices for enrolled agents enrolled agent salary is working for tax preparation companies. Both individual and company tax returns may be required of you as an EA.
- Many EAs chose to work for large agencies, accounting or otherwise.
- In-Demand ExpertiseThe world we live in now is becoming more and more virtual.
- Understanding the industry landscape, staying updated with evolving tax laws, and delivering exceptional client service are crucial factors for maximizing earning potential in this field.
- Versatile CareerThere is a wide range of career opportunities for enrolled agents.
- The enrolled agent credential opens doors to diverse career opportunities.
- Their specialized tax knowledge, experience, and additional certifications contribute to their earning potential.
Average Enrolled Agent Salary
In addition to the salary benefits, you’ll also enjoy increased representation rights so you can expand your client base and the services you can offer. Plus, the EA designation signals a high level of expertise that will cement your status as a valuable expert on tax topics. Tax preparers might earn as little as $25,000 in their first year of work and as much as $86,000 with expertise. Job listings with the Enrolled Agent salary ranging from $50,000 to $125,000 annually are available for tax preparers with three to five years of experience and an EA certificate. The job levels for enrolled agent status are entry, mid-level, and senior level. Entry-level candidates, who are mainly practitioners, may earn around $52,000 annually, and focus primarily on tax returns.
Enrolled Agent Salary at an Accounting Firm
Salary OutlookWhen you look at the figures, the salary for enrolled agents is not going downhill. As the demand for their expert services grows, you can expect the salary to grow as well. The figures above are based on data from December 2024, but it’s a no-brainer that the figures will go up this year, in 2026, and beyond. If you want to become an EA, now’s definitely the best time to be one.
Strategies to Increase Your Salary as an EA
- This job usually involves a busy season, with the highest workload occurring from December to mid-April.
- Individuals with an Enrolled Agent designation have a lot of room to grow in their careers.
- Once completed, you are listed on the IRS’ RPO database as an official “Annual Filing Season Program Participant”.
- And finally, salary numbers for enrolled agent jobs in San Diego range from $39,906 and $57,780.
- At the same time, some people dislike the bureaucracy that comes with larger organizations, and they’re happier at the end of the day if they have more freedom to pursue their own ideas.
Also, you may use the NSA program from anywhere globally What is bookkeeping to access recorded videos and live interactive classes. Let’s assume that John has already cleared his EA exam and has experience in tax-related research, consulting, and preparation. He is also proficient in using taxation software, like Turbo Tax and QuickBooks. He has been working as an EA for 8 years, assisting clients with planning and audit in taxation and resolving disputes. Bureau of Labor Statistics (BLS), tax preparers, including Enrolled Agents, earned a median annual wage of $45,100 as of May 2020.
- For tax concerns, such as audits, collections, and appeals, EAs represent taxpayers before the Internal Revenue Service.
- An EA also has the privilege of representing clients before the IRS.
- Offer some benefits (e.g., gyms, cafeterias, and daycare) that smaller firms can’t reasonably fit into their budgets.
- Mid-level agents can expect their salaries to be between $50,000 and $70,000 annually.
- Distinguish yourself as a knowledgeable accounting professional with advanced technical, research, and communication skills.
So, as the tax preparer, an Enrolled Agent is the most qualified to explain and defend the choices made during preparation. 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. 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.
Want to drive your career to success? here’s how!
Enrolled agents who have been working for some time go on to launch their own tax practices, providing extra flexibility. Moreover, whatever the state of the economy may be, people will always need help preparing their taxes or dealing with the IRS. For example, daycare can be a considerable expense for young working families.
They also need to meet the continuing education requirements, which should be 72 hours every 3 years or 16 hours every year. They should review their credit chart frequently and keep updated contact information. Finally, after passing Online Bookkeeping the exams, the candidate can apply for the enrolment and pay the fee online.