Neighbor News
What's an Enrolled Agent
Many tax preparers are unregulated. How might a taxpayer identify a reliable tax professional?

Did you know that no license, no credentials and no educational standards are required for one to be a tax preparer? The IRS was stripped of its ability to make such demands when the IRS lost a court case a few years ago. For $50 anyone may obtain a PTIN, Preparer Tax Identification Number. That’s right no background check, either.
Enrolled Agents are tax professionals who are licensed to represent taxpayers and to practice before the IRS. The Enrolled Agent designation is the only federally issued tax credential. There are 50, 000 enrolled agents, (EAs), across the US. To become an EA, one must demonstrate tax proficiency and pass a background check. After passing a series of rigorous tax exams, an EA must satisfy annual IRS approved education requirements.
EAs specialize in tax and are branded as “America’s Tax Experts”.
Find out what's happening in Medfordfor free with the latest updates from Patch.
Additionally EAs consent to be governed by the responsibilities and ethics as documented in US Treasury Circular 230.
Medford residents are easily frustrated when hearing stories about tax fraud, hoaxes and scams committed by tax preparing criminals. Frustrations are acerbated after dealing with a shaky or incompetent tax preparer. Seek qualified professional service from an Enrolled Agent. There is more information at t