In order to become a certified public accountant, candidates are required to complete a minimum of 150 undergraduate hours. EA salaries depend on a variety of factors, such as the number of years of experience, type of experience, and work location. According to ZipRecruiter.com, the average annual salary for an Enrolled Agent as of December 2021 was $59,020. Freshly credentialed Enrolled Agents in India can enrolled agent salary expect a starting salary ranging from ₹3,50,000 to ₹6,00,000 per year. This is typically for professionals working in firms providing U.S. tax preparation services.
How can Enrolled Agents increase their salary?
If you don’t currently have the IRS experience to become an Enrolled Agent, you’ll need to pass the EA exam. The EA exam was designed to produce only the most qualified https://www.bookstime.com/ and competent enrolled agents. But fortunately, you can prepare to pass by utilizing an EA review course. And with affordable pricing, this investment in your future definitely pays off. So, use our comparisons of the best EA review courses to find the right EA course for you, and use our EA discounts to save on your preferred exam prep.
- He shares his knowledge on Forbes, Inc.com, and Entreprenuer.com, empowering readers to boost their careers.
- The IRS designates EAs, but because they represent taxpayers before the IRS, Enrolled Agents cannot work there.
- Answer how much do Enrolled Agents make, and if it’s worth becoming credentialed to increase your earning potential.
- Therefore, while CPAs do earn more on average than enrolled agents in the short run, the potential for earnings over the span of a career can be higher for enrolled agents.
- For example, areas with higher living costs often offer salaries that reflect these factors.
- The Enrolled Agent certification opens up opportunities to work in various sectors.
- If you’re considering a career in accounting or finance, you may be curious about how much money Enrolled Agents make.
Steps to Earn the IRS Enrolled Agent Salary
Since an enrolled agent has a number of responsibilities, the salary tends to be fairly lucrative. Mid-level professionals can make $70,000 to $90,000 per year, depending on their experience and specialization. Offer some benefits (e.g., gyms, cafeterias, and daycare) that smaller firms can’t reasonably fit into their budgets.
Enrolled Agent Salary at an Accounting Firm
Review a breakdown of entry level salary expectations by state here. Whether drawn to low entry barriers or high flexibility, an enrolled agent career is attractive to many. 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. Becoming an enrolled agent takes much less time than becoming a CPA. Unlike the CPA exam, which requires you to have completed certain educational prerequisites, there are no educational requirements to sit for the Special Enrollment Exam (SEE). There is considerably more responsibility required for EAs in senior positions, which translates into the potential to earn a greater income.
- Pay ranges for people with an Enrolled Agent (EA) certification by employer.
- So, use our comparisons of the best EA review courses to find the right EA course for you, and use our EA discounts to save on your preferred exam prep.
- Due to the fact that this type of work can be quite complex, the job of an EA is often in high demand.
- This compensation can vary significantly based on location and experience level.
- Note that the website may still be a third-party website even the format is similar to the Becker.com website.
If you’re planning to start your own book of Accounting Errors business, then earning the Enrolled Agent designation is a great way to differentiate yourself from the bulk of your competitors. As an enrolled agent, you can provide services to your clients that other CPAs, bookkeepers, and finance professionals can’t. Of course, the more experience you have, the more an employer will be willing to pay you. Consequently, entry-level positions start on the low end of these ranges, while senior positions claim the highest salaries. For example, in Phoenix, a senior tax consultant with an Enrolled Agent designation and over 5 years of relevant experience can earn over 6 figures at a regional firm.