In order to become a certified public accountant, candidates are required to complete a minimum of 150 undergraduate hours. A senior-level enrolled agent with between 10 and 20 years of experience can typically expect to earn an average salary of $55,000. Agents with more than 20 years of experience may see a pay raise up to $60,000 per year.

• Additionally, anyone who is interested in becoming an EA will need to pass a background check.
• This is because the income potential for enrolled agents tends to taper out over time.
• As you’ll see, each employment option for Enrolled Agents has its pros and cons.
• As per information provided by the Bureau of Labor Statistics (BLS), the median salary for CPAs stands at about $79,000.
• Enrolled agents enjoy flexible work options, more earning potential, and high demand for their services.
• Ethical StandardsThe high ethical standards of Circular 230 bind enrolled agents to be always true in their dealings.

Financial Analyst

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. Yet, both paths to the EA also involve extensive background investigations. And, in addition to the standard background check, the IRS also investigates your personal tax history. The other way to become an Enrolled Agent is by enrolled agent salary nyc 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.

• Salary OutlookWhen you look at the figures, the salary for enrolled agents is not going downhill.
• To become an enrolled agent, it is necessary to pass a three-part examination.
• Of course, having your own agency also removes any limitations on your salary.
• The remote work trend means many professionals are looking for more flexible careers.
• A smaller step, but still one in the direction of earning more for your expertise, is completing the Annual Filing Season Program.
• If the idea of protecting the rights of others appeals to you, this could be a great career option.

How can Enrolled Agents increase their salary?

So, to determine how lucrative a career as an Enrolled Agent can be, use this information to learn more about the Enrolled Agent salary. An early career Enrolled Agent with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $48,980 based on https://zvapfier.gov.al/index.php/2025/01/17/affordable-bookkeeping-solutions-for-truck-drivers/ 8 salaries. A mid-career Enrolled Agent with 5-9 years of experience earns an average total compensation of $67,000 based on 6 salaries.

Senior Financial Analyst (retail/fashion)

For this reason, an enrolled agent must also be well organized and capable of meeting reporting and filing deadlines. In order to work as an enrolled agent, candidates must receive the proper certification from the Internal Revenue Service. Generally speaking, interested candidates should have a background in public accounting. It’s also important to have tax preparation practical experience. As an enrolled agent, you can provide services to your clients that other CPAs, bookkeepers, and finance professionals can’t. Law Firm Accounts Receivable Management In the Pacific Northwest, where tech and trees reign, Seattle Enrolled Agents earn anywhere from $49,275 and $68,692.

• At a median of over $53,000, the salary for an independent Enrolled Agent is not bad.
• Entry-Level EAsAn entry-level position is the starting point for an EA career after passing the exam.
• Tax managers handle all the tax reporting and compliance with local, state, and federal tax laws for an organization.
• Unlike other non-enrolled tax professionals, an Enrolled Agent has special permission to perform legal services that other tax professionals cannot.
• EAs, while potentially earning less on average, specialize in tax law and regulations.
• Nonetheless, in any career, one of the most important factors and probably one of the main considerations is the salary, that’s why we’re here.

Average Enrolled Agent Salary in New York, New York

Becoming an enrolled agent can also provide a certain amount of career security. In the last few years, IRS examinations or audits have increased significantly. This means there is a far greater need for EAs today than in the past. Given the current rising number of examinations, more citizens have found themselves in need of representation. To a large degree, the job of enrollment agents is actually recession proof.