A tax preparer is someone who helps people and corporations prepare, calculate, and file their income tax returns. Tax preparers come in a variety of forms, with some having credentials provided by third-party organizations and others being credentialed. Knowing the various sorts of tax preparers and their credentials might assist you in obtaining the best possible tax result.
Credentialed tax preparers come in a variety of shapes and sizes.
- CPA (Chartered Public Accountant) (CPA). Managing financial documents, certifying financial statements, and conducting audits are all tasks that need to be completed. A person must pass the Uniform Certified Public Accountant Examination, a comprehensive exam administered by the American Institute of Certified Public Accountants, and be licensed by the state in which they practice to be a CPA.
- Agent Enrolee (EA). An EA is a person who has been licensed by the IRS to represent clients before the IRS in any case. A person must, in order to become an EA, Obtain a passing score on the IRS’s Special Enrolment Examination, or have certain work experience if they were previously employed by the IRS.
- Tax lawyers use their considerable knowledge of tax and business regulations to advise clients on the legal aspects of their taxes. They can also prepare their customers’ tax returns and defend them in front of the IRS on any tax-related issues.
Canady & Canady assists clients in the non-profit and for-profit sectors with a wide range of tax planning and preparation services to Houston. We assist businesses in obtaining tax exemptions (federal income tax, franchise tax, and sales tax). We assist homeowners’ associations in recouping sales tax that has been paid in error. We also assist non-profits, enterprises, and their owners in preparing and submitting their annual tax returns.