The NAEA Insider

NAEA Public Statement: An Update on IRS Changes

Advocacy, Legislation and Government, NAEA News

NAEA continues to monitor the layoff reports coming out of the Treasury Department and the Internal Revenue Service (IRS).    We support actions that will create and support a smarter, more effective, and more modern IRS. A service that focuses on taxpayer and tax practitioner tools, fair and consistent enforcement, modernized technology, and meaningful service improvements. Recent actions could have the exact opposite effect.   Layoffs could create chaos, and poor morale,…

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February 20, 2025 | Emilie Barland

The Strategic Benefits of Hiring Enrolled Agents for Tax Firms

Business, Careers

Ten Reasons Why Tax Firms Should Hire EAs You know the world of taxation is ever evolving – and because regulations and policies shift regularly, tax firms must prioritize being staffed with experienced talent to navigate these complex landscapes. Among the various professionals in the tax industry, Enrolled Agents (EAs) stand out as a critical resource for tax firms aiming to provide top-notch services to their clients. EAs are federally-authorized…

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February 12, 2025 | Brandy Spears

Opinion: The Need for IRS Oversight and Standards

Advocacy

Jennifer MacMillan, a board member of the National Association of Enrolled Agents (NAEA), recently shared her insights in an article for BloombergTax, highlighting the urgent need for Congress to empower the IRS with the authority to set minimum standards for tax preparers. MacMillan underscores that the proposed revisions to Circular 230, while addressing outdated provisions, fail to tackle the core issue: the lack of IRS authority to enforce basic standards…

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February 7, 2025 | Emilie Barland

NAEA Requests OPR Add Practice Management to Approved CE Topics

Advocacy

In a letter addressed to the IRS Office of Professional Responsibility, the National Association of Enrolled Agents (NAEA) voiced strong support for Issue Twelve of the IRS Advisory Council (IRSAC) report, which advocates for broadening continuing education requirements to include practice management topics for Enrolled Agents (EAs). Representing over 66,000 tax professionals, the NAEA emphasized that while EAs are experts in tax law, knowledge in areas like software, data security,…

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February 6, 2025 | Emilie Barland

NAEA Suports Tax Administration Improvements Proposed in Senate Finance Discussion Draft

Advocacy, NAEA News

The Senate Finance Committee has released a long awaited bipartisan discussion draft that contains 68 provisions aimed at improving tax administration and strengthening taxpayer services. The draft was authored by Senate Finance Committee Chairman Senator Mike Crapo (R-ID) and Ranking member Ron Wyden (D-OR) in a bipartisan attempt to improve taxpayer service and rights in every part of the Internal Revenue Service.   NAEA has been working closely with Senators Crapo...

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January 31, 2025 | Megan Killian

How to Start Your Tax Practice and Become an Enrolled Agent

Careers

The demand for tax professionals is growing, making starting your own tax practice a lucrative and fulfilling career choice. As an Enrolled Agent (EA), you’ll possess the credibility, knowledge, and skills needed to serve clients effectively and grow your business. Becoming an Enrolled Agent opens the door to a thriving tax practice, offering a combination of flexibility, financial potential, and professional satisfaction. Tax laws are complex and ever-changing, creating a…

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January 28, 2025 | Brandy Spears

Why Taxpayers Are Seeking Enrolled Agents This Tax Season and How You Can Find One

Business, Tools and Resources

As tax season approaches, millions of Americans are gearing up to navigate the complex landscape of tax filing, deductions, credits, and, for some, the daunting prospect of dealing with the IRS. With tax laws constantly evolving and the increasing complexity of individual and business tax returns, more taxpayers are turning to professionals for assistance. Among these professionals, Enrolled Agents (EAs) are emerging as the go-to experts for a growing number...

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January 9, 2025 | Emilie Barland

NAEA, AICPA, and Others Call Attention to New Beneficial Ownership Information Reporting Requirements

NAEA News

A coalition of professional organizations are raising awareness about the new Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA). This anti-money laundering measure, starting January 2024, requires millions of small businesses to report ownership details to FinCEN, with significant penalties for non-compliance. The coalition aims to ensure small businesses, particularly minority-owned and low-income entities, are prepared for these changes. For more details, read the full article…

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May 15, 2023 | Brandy Spears

The Dirt on My Lens

I go through life with a few simple principles to guide me. Those principles made this a challenging piece because I wanted to take great care to be understood without compromising my belief system or minimizing my experiences or that of others. The first of those principles that made this challenging is, “what is the objective?”

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March 13, 2023 | Jeni Lubbert

Ignition Partners with NAEA

NAEA News, Tools and Resources

We are thrilled to announce our partnership with Ignition! This collaboration strengthens NAEA’s commitment to supporting our members with innovative tools and resources to streamline their practices. Ignition, a leading client engagement and commerce platform for professional services, helps businesses like accounting and bookkeeping firms grow, improve efficiency, and build strong client relationships. With features such as digital proposals, automated payment collection, and seamless integrations with top apps, Ignition simplifies…

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February 16, 2023 | Brandy Spears