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Enrolled Agent
In the United States of America, an Enrolled Agent (EA) is a tax advisor, specifically a federally authorized tax practitioner who, after passing a 3-part Special Enrollment Examination, has been licensed and empowered by the Internal Revenue Service, a division of the United States Department of the Treasury. Enrolled Agents, acting as attorneys-in-fact, may represent taxpayers before the Internal Revenue Service (IRS) for any and all tax matters. This is in addition to providing traditional tax preparation, filing, and transmittal services. Enrolled Agent status is the highest credential awarded by the IRS. According to the National Association of Enrolled Agents, there are approximately 87,000 practicing EAs in the United States. An active Enrolled Agent listing can be obtained from the IRS website. The agency updates this list twice a year, usually in the months of March and September. History The position of Enrolled Agent was created as a reaction to fraudulent war loss ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internal Revenue Code
The Internal Revenue Code of 1986 (IRC), is the domestic portion of federal statutory tax law in the United States. It is codified in statute as Title 26 of the United States Code. The IRC is organized topically into subtitles and sections, covering federal income tax in the United States, payroll taxes, estate taxes, gift taxes, and excise taxes; as well as procedure and administration. The Code's implementing federal agency is the Internal Revenue Service. Origins of tax codes in the United States Prior to 1874, U.S. statutes (whether in tax law or other subjects) were not codified. That is, the acts of Congress were not organized and published in separate volumes based on the subject matter (such as taxation, bankruptcy, etc.). Codifications of statutes, including tax statutes, undertaken in 1873 resulted in the Revised Statutes of the United States, approved June 22, 1874, effective for the laws in force as of December 1, 1873. Title 35 of the Revised Statutes was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1884 Establishments In The United States
Events January * January 4 – The Fabian Society is founded in London to promote gradualist social progress. * January 5 – Gilbert and Sullivan's comic opera ''Princess Ida'', a satire on feminism, premières at the Savoy Theatre, London. * January 7 – German microbiologist Robert Koch isolates ''Vibrio cholerae'', the cholera bacillus, working in India. * January 18 – William Price attempts to cremate his dead baby son, Iesu Grist, in Wales. Later tried and acquitted on the grounds that cremation is not contrary to English law, he is thus able to carry out the ceremony (the first in the United Kingdom in modern times) on March 14, setting a legal precedent. * January – Arthur Conan Doyle's anonymous story " J. Habakuk Jephson's Statement" appears in the ''Cornhill Magazine'' (London). Based on the disappearance of the crew of the ''Mary Celeste'' in 1872, many of the fictional elements introduced by Doyle come to replace the real events in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Advisor
A tax advisor or tax consultant is a person with advanced training and knowledge of tax law. The services of a tax advisor are usually retained in order to minimize taxation while remaining compliant with the law in complicated financial situations. Tax Advisors are also retained to represent clients before tax authorities and tax courts to resolve tax issues. Money Austria In Austria, Steuerberater is the professional license for tax advisors. Germany In Germany, Steuerberater is the professional license for tax advisors. Moreover, attorneys-at-law (Rechtsanwälte) and Certified Public Accountants (Wirtschaftsprüfer) are allowed by law the practise tax law in Germany. All three aforementioned professions have unlimited representation rights, including representing clients in front of German tax courts (Finanzgerichte). Italy In Italy, tax advisors are called ''commercialisti'', and provide assistance in business management, business law, economics, finance, tax, accounting, com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Society Of Accountants
The National Society of Public Accountants (NSPA), later shortened to National Society of Accountants (NSA), is a professional association for tax and accounting professionals; NSA and its state affiliates represent more than 30,000 independent practitioners who provide accounting, tax, auditing, financial and estate planning, and management services to 19 million individuals and businesses. NSA's mission is to provide national leadership in the profession of accountancy and taxation through the advocacy of practice rights, and by the establishment and promotion of high standards in ethics, education, and professional excellence. History NSA was incorporated as nonprofit corporation National Society of Public Accountants (NSPA) in 1945 to promote professionalism and in order that its members had the right to represent their clients before the US Treasury Department. Its first headquarters was in Oklahoma City followed by a move to St. Louis in 1947 and then, in 1955, to Washington ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Association Of Tax Professionals
The National Association of Tax Professionals (NATP) is an organization in the United States that offers support, education, products, and research services to tax professionals. Its members provide tax preparation and planning assistance to over 11 million taxpayers. Publications The NATP publishes: *''TAXPRO Weekly'' – Each week members receive this e-mail with information about tax alerts and news briefs. *''TAXPRO Monthly'' – A newsletter covering current events and exploring critical new developments in federal tax laws while providing explanations of tax laws and procedures, “how to” articles, and summaries of court cases and rulings. *''TAXPRO Journal'' – A quarterly magazine with articles on issues such as new tax acts, practical tax applications, retirement planning, and solutions to the day-to-day challenges of running a tax practice. Research NATP answers more than 25,000 federal tax questions a year, on a variety of issues, including: *Individuals *Corporatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Association Of Enrolled Agents
The National Association of Enrolled Agents (NAEA) is an organization of enrolled agents (EAs) in the United States. Founded in 1972, it claims a membership of 11,000 EAs. While its mission statement presents itself publicly as an advocate of taxpayer rights, its primary functions are educating tax professionals in best practices for representing taxpayers to the Internal Revenue Service (IRS), protecting the interests of the profession, and expanding the role of enrolled agents in both the public and private sectors. Requirements Enrolled Agent status is required for NAEA membership, although EA status does not need to be ''active''. Inactive/retired EA's may retain their membership. NAEA members have slightly higher Continuing Professional Education requirements than is normally required by the IRS to retain EA status. Continuing professional education NAEA offers continuing professional education Professional development, also known as professional education, is learning tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Tax Court
The United States Tax Court (in case citations, T.C.) is a Federal judiciary of the United States, federal trial court court of record, of record established by US Congress, Congress under Article One of the United States Constitution, Article I of the Constitution of the United States, U.S. Constitution, section 8 of which provides (in part) that the Congress has the power to "constitute Tribunals inferior to the supreme Court". The Tax Court specializes in adjudicating disputes over federal income tax, generally prior to the time at which formal tax assessments are made by the Internal Revenue Service. Though taxpayers may choose to litigation, litigate tax matters in a variety of legal settings, outside of Bankruptcy in the United States, bankruptcy, the Tax Court is the only forum in which taxpayers may do so without having first paid the disputed tax in full. Parties who contest the imposition of a tax may also bring an action in any United States District Court, or in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Certified Public Accountants
Certified Public Accountant (CPA) is the title of qualified accountants in numerous countries in the English-speaking world. It is generally equivalent to the title of chartered accountant in other English-speaking countries. In the United States, the CPA is a license to provide accounting services to the public. It is awarded by each of the 50 states for practice in that state. Additionally, all states except Hawaii have passed mobility laws to allow CPAs from other states to practice in their state. State licensing requirements vary, but the minimum standard requirements include passing the Uniform Certified Public Accountant Examination, 150 semester units of college education, and one year of accounting-related experience. Continuing professional education (CPE) is also required to maintain licensure. Individuals who have been awarded the CPA but have lapsed in the fulfillment of the required CPE or who have requested conversion to inactive status are in many states permitt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Identification Number
A Taxpayer Identification Number (TIN) is an identifying number used for tax purposes in the United States and in other countries under the Common Reporting Standard. In the United States it is also known as a Tax Identification Number (TIN) or Federal Taxpayer Identification Number (FTIN). A TIN may be assigned by the Social Security Administration (SSA) or by the Internal Revenue Service (IRS). Types Any government-provided number that can be used in the US as a unique identifier when interacting with the IRS is a TIN, though none of them are referred to exclusively as a Taxpayer Identification Number. A TIN may be: * a Social Security number (SSN) * an Individual Taxpayer Identification Number (ITIN) * an Employer Identification Number (EIN), also known as a FEIN (Federal Employer Identification Number) * an Adoption Taxpayer Identification Number (ATIN), used as a temporary number for a child for whom the adopting parents cannot obtain an SSN * a Preparer Tax Identifi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Security Number
In the United States, a Social Security number (SSN) is a nine-digit number issued to United States nationality law, U.S. citizens, Permanent residence (United States), permanent residents, and temporary (working) residents under section 205(c)(2) of the Social Security Act, codified as . The number is issued to an individual by the Social Security Administration, an Independent agencies of the United States government, independent agency of the United States government. Although the original purpose for the number was for the Social Security Administration to track individuals, the Social Security number has become a ''de facto'' national identification number for Taxation in the United States, taxation and other purposes. A Social Security number may be obtained by applying on Form SS-5, Application for a Social Security Number Card. History Social Security numbers were first issued by the Social Security Administration in November 1936 as part of the New Deal Social Securit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
