Do I Need a Tax Attorney, CPA, or Enrolled Agent?
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- Опубліковано 8 лип 2024
- Getting your taxes done correctly (and to your benefit) takes the right team. You have a lot of choices when it comes to tax preparation, planning, and even defense. So who does what? Who should you go to first? What's the difference between a tax attorney, a CPA, and an Enrolled Agent when it comes to tax matters?
It can be confusing, so I wanted to clear up exactly what these different roles can do for you, and who is best to focus on which particular issues. Hint: your first stop probably isn't a tax attorney!
I'll explain:
What does each role cover?
Who handles financial analysis & tax consequences?
Who can help with tax planning?
Who do you go to first with tax and deduction questions?
Who actually prepares your returns?
Who helps with audits/IRS issues?
When is an attorney your number one option?
Tax or District Courts
Confidentiality concerns
Having documents, arguments, or disclosure statements drawn
Legal analysis
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Strohmeyer Law is a law firm based in Houston, Texas, specializing in tax law, estate planning, and probate law.
Nothing in this video is specific legal advice for you. Watching or commenting on this video doesn't create an attorney-client relationship.
For more information, visit: www.strohmeyerlaw.com
Instagram: strohmeyerlawpllc
As an Enrolled Agent, I'd just like to say this is a great video John. Thanks for breaking this down in a way that taxpayers can understand. It's always nice to see a great informative video when there's so much misinformation circulating the internet.
Thank you! I'm glad you liked it!
Hi which is best enrolled agent or CPA ??
Sathish it truly depends on what service you need. Our areas of expertise can overlap but Enrolled Agents and CPAs work in two different areas of accounting. EAs specialize in tax. A CPA may not work in taxes at all.
@@AmericasFavEA ok understood 👍
@@AmericasFavEA can u tell me about USCMA is that best for future growth
Great video! Very helpful and informative. Thanks Strohmeyer Law!
You're welcome!
great video my man! keep up the good work
Thank you! I really appreciate that.
Great. Video! Just subscribed
Awesome, thank you!
Thank you. This was very resourceful for people.
Enrolled agents are licensed by the United StaTes Department of Treasury
Thanks! Good catch.
Hi John.. Carrying 13 years of corporate experience in US personal property.. am now planning to do EA would you mind advice me how this course would boost up my carrier to sustain in the industry for more than 10 years from now
1.Hey John, I'll be completing my MBA-fin. by 2023. And I am very interested in EA(US Taxation)
So will they both be a good combination ? (career wise - future opportunities, growth, paygrades)
2.And I don't have the knowledge of audit, will that effect my growth in future ? (after 15-20 years in the industry)
please reply
Getting the most skills and practical experience will be the best option for you. Having a particular degree or certification, by itself, is not going to guarantee success.
Sir, I completed my graduation in law, know I want to do llm taxation in usa, but I belong to non-commerce background, am I eligible to this program. Will I succeede in llm without accounting knowledge. Could you please resolve my query sir
This is a question for the specific LL.M. program you apply for, but generally, they don't need a finance background to apply. I didn't have one. Good luck!
Hi sir, i am from India. I am going to pursue Enrolled agent exam. is EA a good career in USA ?
It can be! There is lots of opportunity--good luck!
Sir Which is best option for beginners can i go with the Enrolled Agent? And opportunities in Pakistan ? Thanks
It’s probably easier to become an Enrolled Agent first.
@@strohmeyerlawpllc sir Enrolled Agent help me start the career in the Taxation,asd can I remote work from Pakistan, Thanks
wts the annual salary of a tax attorney?
It ranges from $30k/year up, and depends on market, skill set, and experience.
@@strohmeyerlawpllc I've heard "internet people" say tax attorneys make $200k/year and up? Is this not the case? I'm currently a tax accountant and interested in law school, but concerned about the cost and job prospects. I'm a CPA candidate, but been too busy working at a Big4 accounting firm to take the exams.
@@kensmith2796 It can be the case, but it's not guaranteed that you'll make that, and certainly not for the first few years.
@@strohmeyerlawpllc Okay, thank you for your response. I wish I had entered law school earlier, as now the ROI will be less and the opportunity costs greater.