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Tax Pro Messaging The IRS is presently taking necessary steps to ensure compliance with all executive orders and related directives.  As such, we appreciate your patience and willingness to support our ongoing efforts. The tax professional community has a vital role in assisting taxpayers and ensuring compliance with tax laws. To support your efforts, we want to provide updates on key IRS developments that may impact your work, including IRS...

  A GrEAt Career Choice As college graduates step into the professional world, many are searching for a career path that offers stability, growth, and flexibility. Becoming an Enrolled Agent (EA) is a promising option that provides all these benefits and more. This article explores why recent college grads should consider becoming EAs and how various degrees can complement this career choice.   Benefits for College Graduates Flexibility and Independence…

In NAEA’s comment letter on Regulations Governing Practice Before the Internal Revenue Service (Circular 230), President Twila Midwood noted that for over a decade, several issues in Circular 230 have been ambiguous and have needed clarity including items in the proposed rule that NAEA does not agree with and believe must be addressed. Primarily, Section 10.7, and the proposed changes to “limited practice.” The expansion of rights includes allowing non-credentialed…

In the complex world of taxation, individuals and businesses alike face a myriad of challenges. From navigating tax laws to dealing with IRS disputes, these challenges require the expertise of a qualified professional. Enrolled Agents (EAs) are uniquely positioned to be America’s top resource for tax challenges, thanks to their specialized knowledge and authority. This article explores why EAs are the go-to professionals for tackling tax issues.    The Unique…

The news coming from the IRS is disconcerting, to say the least. The expectation is that more than 10,000 IRS employees will be let go during the busiest time for the agency and tax professionals. We realize it’s not an ideal time to hire and train new staff. But, we know that many firms have both short-term and long-term staffing needs. And there are now a whole lot of former…

Diversifying Your Practice, and Increasing Your Earning Potential One thing that remains consistent is change, and as it relates to the landscape of tax law and its ever-changing ways, staying ahead of the curve is crucial for tax professionals who want to provide exceptional service to their clients and improve their practices. The National Tax Practice Institute® (NTPI®) offers an unparalleled opportunity for tax professionals to achieve these goals. As…

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,…

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…

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…

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,…