10 Mar 11 The History Of Enrolled Agents

The History Of Enrolled AgentsBy: Sawyer Adams .... Click author's name to view profile and articles!!!Retargeting by ChangoTweet Enrolled Agents are provided with special privileges for representing others in settling claims with the government. Since the implementation of the federal ine tax in 1913, the job of an EA has involved representing taxpayers with the Internal Revenue Service. Consequently, an EA is monly referred to an IRS enrolled agent because the IRS now regulates EA standards regarding registration, continuing education, and professional conduct.However, the EA designation actually predates the federal ine tax. Enrolled agents were created by an act of Congress in 1884. The purpose of the legislation was empowering enrolled agents to advocate claims of citizens against the government relating to confiscation of property during the War Between the States. The intent of this legislation was administering with fair treatment the many petitions against the federal government. This remained the authorized purpose of an EA until the ine tax was implemented.Today, enrolled agent jobs involve settling inquiries, disputes, and claims for payment between the IRS and taxpayers. In addition, the role of an EA has eventually expanded to include preparing various tax forms. Therefore, enrolled agents are required to plete EA hours of tax preparation education.As the tax code has evolved to include greater detail, EA ethical standards imposed by the IRS bee increasingly important. An EA must conduct reasonable inquiry into taxpayer information in order to avoid misstatements of taxable ine and tax deductions. Most enrolled agents meet ethics CPE requirements by pleting ethics continuing education online.Revisions to Circular 230 in 1951 permitted enrolled agents to represent taxpayers in actually negotiating with the IRS. This expanded the role of an EA in an IRS audit of a taxpayer.In 1959, the Special Enrollment Exam was created. To attain registration as an EA, passing this exam became the new requirement. It replaced an exam previously prepared by the American Institute of Certified Public Accountants.Enrolled agents formed the National Association of Enrolled Agents in 1972. This organization was created to represent the collective interests of enrolled agents in matters involving IRS rules and congressional legislation affecting their professional tax practices.Article Source: abcarticledirectoryFast Forward Academy is a leading publisher of enrolled agent CPE. Visit us online for FREE EA CPE.Note: The content of this article solely conveys the opinion of its author, Sawyer AdamsRetargeting by ChangoDid You Like This Article? Share It With YourFriends!Please Rate this Article 5 out of 54 out of 53 out of 52 out of 51 out of 5 Not yet Rated Click the XML Icon to Receive Free Articles About Auditing via RSS!Additional Articles From - Home Accounting AuditingWhat you need to know about Auditing from the experts.- By : john newportCulture and business proposition- By : foxhatsNavigating Miscellaneous Itemized Deductions- By : Sawyer AdamsAbout The National Association Of Enrolled Agents (NAEA)- By : Sawyer AdamsThe Canon Sd780is Black Silver Gold Red - Very Nice Christmas Gift- By : ArticleSubmit AutoIRS Increasing Enforcement Activity- By : Sawyer AdamsDestination Military Surplus Products- By : Ali Khan5 Tips For Getting The Right Health Insurance For Your Needs- By : danica12 Quick Tips For Eye Shadow- By : Ali Khan10 Simple Steps To A Clearer Skin- By : Ali Khan Still Searching? Last Chance to find what you're looking for. Try using Bing Search!