When it comes to preparing your taxes, you want to know that you’re working with the best. What many people don’t realize is that not all tax professionals are the same. It’s important that you understand the difference between different tax professionals so that you know you are getting the best when you turn to an accountant to prepare your taxes. Propel Your Accounting is here to talk about a few different types of tax professionals and explain the difference between them.
Different Types of Tax Professionals
As far as a tax professional goes, there are several different avenues that a person can take to get there. Here are a few different types of tax professionals and we would like to explain the differences between them.
– Tax Preparer: The most basic tax professional is a tax preparer. This is a person that has been hired to simply prepare taxes for people. They haven’t gone through any certification process. These people usually work for large tax companies, and any tax preparer that is serious about their career will likely go on to get the certification needed to become an EA or CPA.
– IRS Enrolled Agent (EA): If someone is an enrolled agent, they have gone through certification to get there. These people will have specific training and education in preparing taxes. They aren’t licensed or certified to do any other accounting work other than tax preparation. This is usually what a serious tax preparer will work to become.
– Certified Public Accountant (CPA): A CPA is going to be the person who has undergone the most challenges and longest certification process. These people will be the most qualified experts in the field of tax preparation. Not only will CPAs work to prepare taxes, but they can also provide other accounting services as well. In fact, there are some CPAs that choose to focus on other areas of accounting and don’t prepare any taxes at all. Some of the other services they can provide include bookkeeping, profit and loss statements, financial planning, audits and more.
Is One Tax Professional Better Than Another?
When it comes to choosing the right person to prepare your taxes, you might want the best of the best. This would be a CPA. They can help with complex tax returns, often businesses, and will be the most knowledgeable in the field. However, if you aren’t working with a lot of complications, you could turn to an EA or a tax preparer for help as well. It all depends on what you’re looking for in an accountant.
Bookkeeping, Accounting, Business Consulting & HR / Admin Services in the United States of America
If you are looking for top notch tax preparation services, you can turn to Propel Your Accounting to take care of it for you. We will handle your tax return and ensure that you aren’t leaving any money on the table. We are extremely knowledgeable about all tax laws and regulations and will ensure you don’t run into issues with your taxes. Call us today!
