User talk:NMexEA

From TaxAlmanac

Representation

Norm: there are a couple of guys here that exclusively do representation: Irsfixer, and Skasslea. Both of them seem to be very good at it. I don't do tax full time. However, I think you could build a pretty good practice in represenation, with a lot fewer hassles than you might encounger doing only returns. Or, you could have some cash flow outside of tax season.

In my market, there is so much advertising for tax help of this kind that I feel I would be lost in the crowd. However, from what I hear from the two guys mentioned above, there is plenty of business.

There is one EA CPE provider that offers a 3 part course in representation, if memory serves. You may already know of them. I can't recall the name, but Kevin is always a good source of information on CPE. Nice to have another lawyer around here!! P.S. I just noticed you are getting your LLM, so you might want to do anything but sit through some other class!CrowJD 18:35, 14 November 2008 (CST)

Good plan

Job security is a huge plus nowdays. We have three law schools (really 4) in my state (GA), and they are all full, and I truly wonder what these young kids are thinking. There are way too many lawyers running around down here for them all to eat.

I think the EA is a great thing, it's good nationwide. Our active status bar dues in GA has gotten outrageous (at least to me). You could go on inactive status with your law license at some point, and the EA still allows you to practice in front of the IRS.

One thing I will never walk into again as a student is a traditional law school! lol. I got enough of that years ago. I am about 15 minutes by rapid transit from Ga. State Univ. law school, so I do make use of their law library quite a bit. However, it's not the same, as so much research material is on computer now, and I still learn better from the old fashioned book. Take care. CrowJD 12:23, 15 November 2008 (CST)

Hi, I moved your thread

to the General Chat page - why are there so few EAs?

My answer: not well promoted. Only about 1/3 of those eligible even join the NAEA. Who else will promote us? Kevinh5

Live course for Enrolled agent exams in Los angeles

Hi, My name is Nikhil and I am preparing for enrolled agents exams. Please can you guide me how to plan my studies and can i take live classes and who offers them. Currently I am using study material from WISE GUDES.

Thanks

Actually I don't.

NMex, actually I don't prepare any returns any more. If I was an EA, and I could just go on inactive status with the Bar, then I might consider it.

I didn't like the clients that showed up for me to do their returns. Might not be that way for every attorney.

I found out that I don't want to prepare a client's return if my status is that of a lawyer. Now, fiduciary returns are a different matter.

I'm really just a general practice lawyer.CrowJD 19:18, 4 September 2009 (CDT)

Do you know?

Hello NMexEA,

I am trying to make heads or tails of this entire EA initial enrollment issue. As I mentioned several times, I am a part-time tax practitioner who is trying to make ends meet and also have a fallback position in case of loss of my full-time job. Accordingly, it is very important that I do not waste money. Just getting the designation thus far has cost almost $500 that ate into my profits--and more importantly, cash flow--for the year.

My SSN ends in 0 which means that my current renewal period is Nov. 1 through Jan. 31 for an effective date of April 1, 2010 through March 30, 2013. If I were to send in my form 23 today, I would POSSIBLY be enrolled before November 1...if that's the case, I would have to re-enroll before Jan 31 and pay another $125 if my understanding is correct. This is what happened with SJPAccounting.

I want to enroll to be ready for next tax season without having to enroll twice. I am thinking that if I wait until late October to send in my Form 23, I SHOULD land in the Nov 1 to Jan 31 period to have an expiration date of 2013...is that your understanding? I have been scouring the internet for hours trying to find the answer to this question, the IRS Circular 230 still shows my enrollment period as 2004 so it's no use.

Thanks,

Michael

Got it

NMexEA,

Thank you, I basically confirmed the answer with the OPR. The answer is that I just have to wait until Nov 1 to mail the Form 23 and I will not technically be eligible until April 1 but that will give me the ability to extend my tax season I hope.

Since I will not be eligible until a new, full season I will just do CPE as if I were renewing. Kewl.

Not sure why the BrockEA didn't show up.....I did everything per normal.

Michael (BrockEA)