Premium Essay

What Is Enrolled Agent?

In: Business and Management

Submitted By donampansiri
Words 798
Pages 4
What is an enrolled agent?Enrolled agents (EAs) are America's Tax Experts. EAs are the only federally licensed tax practitioners who specialize in taxation and also have unlimited rights to represent taxpayers before the IRS.

What does the term “enrolled agent” mean?“Enrolled” means to be licensed to practice by the federal government, and “agent” means authorized to appear in the place of the taxpayer at the IRS. Only enrolled agents, attorneys, and CPAs have unlimited rights to represent taxpayers before the IRS. The enrolled agent profession dates back to 1884 when, after questionable claims had been presented for Civil War losses, Congress acted to regulate persons who represented citizens in their dealings with the U.S. Treasury Department.
How does one become an enrolled agent?The license is earned in one of two ways, by passing a comprehensive examination which covers all aspects of the tax code, or having worked at the IRS for five years in a position which regularly interpreted and applied the tax code and its regulations. All candidates are subjected to a rigorous background check conducted by the IRS.
How can an enrolled agent help me?Enrolled agents advise, represent, and prepare tax returns for individuals, partnerships, corporations, estates, trusts, and any entities with tax-reporting requirements. Enrolled agents’ expertise in the continually changing field of taxation enables them to effectively represent taxpayers at all administrative levels within the IRS.
Privilege and the enrolled agentThe IRS Restructuring and Reform Act of 1998 allow federally authorized practitioners (those bound by the Department of Treasury’s Circular 230 regulations) a limited client privilege. This privilege allows confidentiality between the taxpayer and the enrolled agent under certain conditions. The privilege applies to situations in which the taxpayer is being…...

Similar Documents

Free Essay

Insurance Agent

...An insurance agent career can be fulfilling and lucrative. Agents help people protect their homes, businesses and personal belongings. Depending upon what insurance agent career path is taken, agents may also be helping others to protect their families. Insurance agents have unlimited earning potential. But is an insurance agent career the right choice? The description of an insurance agent career has changed over the years, but the essential job description remains the same. Agents have to enjoy working with people in order to have a successful insurance agent career. Insurance agents have to face some very stressed out and unhappy customers in the event that they experience a loss, and it’s up to the agent to run interference with a cheerful and positive attitude. Negotiating skills, motivation, a comfort level with insurance advice and some computer and internet skills are also a necessary part of the insurance agent job description. Independent insurance agency jobs work for multiple insurance carriers, but aren’t officially employed by any of them. The benefits of an independent insurance agent career include a higher earning potential than working for an insurance company. In addition, the freedom of self-employment allows people to decide who they want to work with and where to place insurance. The downside is that a lot of new independent insurance agent careers fizzle out quickly without the marketing and training provided by an agency or insurance carrier.......

Words: 432 - Pages: 2

Free Essay

The Agent

...are single-sex organizations. If an organization is a single-sex fraternity or sorority, it is required to be departmentally sponsored in order to become a Registered Student Organization (RSO). Social fraternities and sororities on this campus are established as local chapters of national organizations. Chapters are required to be affiliated with a national organization, and subsequently ascribe to and follow the policies of the national organization. Chapters are also required to hold membership in a governance councils. Conclusion What is the effect of joining fraternity? Real fraternity is a good example to us because they help each other of what they need, but the fake fraternity can take you in a bad way and wrong decision for your future. There are several categories under fraternity.  Social, service, professional and honorary fraternity.  The most recognized form is the social fraternity. The effects actually depend on what kind of fraternity you are in. Protection, back-up, friends. BAD EFFECTS The bad effects of this organization is that their real goal and objectives is disappearing.  Instead of helping the community and be a good model among the youth, they are the one who's starting trouble in their community and become an arrogant person for being a member of it.But I did not mean that all of the fraternity and sorority but some of them. You can still find a good one who's purpose is true. I can only suggest that you can live life without......

Words: 711 - Pages: 3

Free Essay

Agent Provocateur

...Practice of Entrepreneurship Case Study (MMM038) – The meteoric rise and rise of Agent Provocateur Sambhav Bhandari 21027281 MSc Entrepreneurship and Management The small-scale company, which I have decided to do this case study on, has become synonymous with luxury lingerie the world over. It has become the epitome of upmarket couture lingerie - Agent Provocateur. The company had very humble beginnings and set out to do something completely different than what it has become today a ‘brand’. Founded in 1994 by Joseph Corre and his ex-wife Serena Rees, Joseph Corre saw that the state of fashionable or ‘sexy’ lingerie was pretty much non-existent in the UK market and as he says that he was absolutely disappointed after a visit to an Ann Summers store and thought the state of fashionable or sexy underwear could be changed altogether. What is intriguing I would say is that Joseph Corre having come from a very illustrious background, being the son of Vivienne Westwood and music manager Malcolm Mclaren, Joseph Corre worked for Vivienne Westwood previously before deciding to identify this potential gap in the market. The initial idea of the founder was to start a store that stocked creations from other brands, things that were too erotic for mainstream and at the same time acceptable by women. Having travelled to Paris and Los Angeles Joseph realized that even if he wanted to stock the lingerie he had the vision for there was nobody that was making it during this time......

Words: 2544 - Pages: 11

Premium Essay

Principal-Agent

...Explain several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent problem. To mitigate agency problems between senior executives and shareholders, should the compensation committee of the board devote more to executive salary and bonus (cash compensation) or more to long-term incentives? Why? What role does each type of pay play in motivating managers? There are several dimensions to the principal-agent conflict. Principal-Agent Relationships exist whenever one person or party works in the interests of another party. The owner (the principal) hires and often delegates decision-making authority to professional managers (the agent) to perform tasks on his behalf. The challenge for the principal is to create an environment in which the agent has incentives to align their interests with those of the principal. The principal typically creates incentives for agents to act as the principal wants. The principal-agent conflict acerbates when the incentive system creates a conflict of interest, the principal cannot ensure the agent is performing exactly the way the principal would like and due to the intrinsic unobserved managerial effort and the presence of random disturbances in team production. The lack of information shared between the two makes it impossible and expensive for the principal to monitor the decisions and performance of the agent. The agent usually has less to lose than the principal; therefore they often......

Words: 526 - Pages: 3

Premium Essay

Agents of Society

...Agents of Society Mashell Chapeyama Zimbabwe There are various agents that play part in the socialisation process in the society. In this essay the writer looks at five of these agents. The writer also looks at the good and bad sides of each of these agents. The agents that shall be discussed are: • Parents • Peers • Religious leaders • Teachers • Friends. Parents Parents are the main agents of socialisation for the children. This is so because the parents spend much of the time with the children, from their tender ages until they are grown up. At home the parents set standards and rules. They insist on certain folkways. Examples include that they must not eat while they are standing. In Zimbabwe parents also teach children moral codes such as clapping and thanking other people. They are taught good ways of treating others. Generally parents set the best guidance to children. This is due to the attachment which parents have with their children as well as the love they have for them. One bad thing in the socialisation that comes from the parents is insisting on certain standards which may not be good for the children. Some religious parents teach their children to disown other people’s religious beliefs. Parents may tend to create stereotypes in their children. They tend to want children to behave in exactly the same ways as they do. Teachers Apart from parents teachers give a lot of socialisation to children. Children believe that teachers are always......

Words: 333 - Pages: 2

Free Essay

Intelligent Agents

...INTELLIGENT AGENTS In which we discuss what an intelligent agent does, how it is related to its environment, how it is evaluated, and how we might go about building one. 2.1 INTRODUCTION An agent is anything that can be viewed as perceiving its environment through sensors and acting upon that environment through effectors. A human agent has eyes, ears, and other organs for sensors, and hands, legs, mouth, and other body parts for effectors. A robotic agent substitutes cameras and infrared range finders for the sensors and various motors for the effectors. A software agent has encoded bit strings as its percepts and actions. A generic agent is diagrammed in Figure 2.1. Our aim in this book is to design agents that do a good job of acting on their environment. First, we will be a little more precise about what we mean by a good job. Then we will talk about different designs for successful agents—filling in the question mark in Figure 2.1. We discuss some of the general principles used in the design of agents throughout the book, chief among which is the principle that agents should know things. Finally, we show how to couple an agent to an environment and describe several kinds of environments. 2.2 HOW AGENTS SHOULD ACT RATIONAL AGENT A rational agent is one that does the right thing. Obviously, this is better than doing the wrong thing, but what does it mean? As a first approximation, we will say that the right action is the one that will cause the agent to be most......

Words: 10076 - Pages: 41

Free Essay

Agents

...Mobile agent construction tools Product | Company |Lang. |Description -------------------------|-------------------------------------------|-----------|------------------------------------------- AgenTalk | NTT/Ishida |LISP |Multiagent Coord. Agentx | International Knowledge Systems |Java |Agent Development Environment Aglets | IBM Japan |Java |Mobile Agents Concordia | Mitsubishi Electric |Java |Mobile Agents DirectIA SDK | MASA - Adaptive Objects |C++ |Adaptive Agents Gossip | Tryllian |Java |Mobile Agents Grasshopper | IKV++ |Java |Mobile Agents iGENTM | CHI Systems |C/C++ |Cognitive Agent JACK Intelli Agents | Agent Oriented Software Pty. Ltd. |JACK |Agent Development Environment JAM | Intelligent Reasoning Systems |Java |Agent Architecture LiveAgent | Alcatel |Java |Internet Agent AgentTcl | Dartmouth College |Tcl/tk |Mobile Agents MS Agent ......

Words: 2474 - Pages: 10

Premium Essay

Agent Orange

...Ruslan Vasilenko September 5, 2013 Vietnam and Western Imagination Paper Proposal Long Term Effects of Agent Orange I selected the topic of Agent Orange to write about in my final paper and all the controversial issues surrounding that topic. In that paper I will talk about the long term effects of Agent Orange that was used during the Vietnam War between 1961-1977. I will examine the effects it had on Vietnam people right away and in the long run. I will also talk about the political side of things and why it would be used in the first place. A brief history will be given on what it is, how it was made, how it was transported and sprayed over the Vietnam jungles, why things reached these extremes, who was behind the idea, how has the world responded in order to help those affected, and etc. I will also try and include the opinions of American and international populations on this controversial topic. The reason why I picked this topic is because I am always interested in controversial topics that humans have witnessed throughout history. These topics rise out of many occasions and especially during the times of war. Agent Orange is one of those topics because people have been arguing for many decades on both, negative and some positive, sides of it. It has caused a great deal of suffering and pain to those affected. It continues to have a tremendous impact on newborns and those people have yet to be refunded for their struggles even though its not going......

Words: 467 - Pages: 2

Premium Essay

Agents of Socialization

...AGENTS OF SOCIALIZATION Agents of socialization can also be defined as those people or groups within our social environment that affects or influence the orientation of an individual’s attitude, behaviour, emotion and self orientation either positively or negatively. They affect us directly or indirectly socially, mentally, emotionally and even on our self development. These groups are responsible for making and shaping our entire life in the society. TYPES OF AGENTS OF SOCIALIZATION They are mainly five agents of socialization in the society which affects us on a daily basis, these agents of socialization are; The Family The Religion The School The peer group The Mass media THE FAMILY: The Family is the first group to have a great influence in our lives; they are the first form of socialization experience. The family are people we share the same genetics with in nature, they are people that can be said as the closest relations to us, they are grouped into two categories; Members of the immediate family and members of the extended family. The members of the immediate family consist of the spouse (husband/wife), parent, brothers, sisters, sons, and daughters. While members of the extended family consist of the grandparent, aunt, uncle, cousin, nephew and niece. In general the family members are people that can share personal experiences and information to one and another, which on normal condition wouldn’t share with others outside the family......

Words: 1368 - Pages: 6

Premium Essay

Agents of Sociology

...modes of behavior primarily through imitation, family interaction, and educational systems; it is primarily the procedure by which society integrates the individual. An agent of socialization is an individual or institution tasked with the replication of the Social Order. An agent of socialization is responsible for transferring the rules, expectations, norms, values, and folkways of a given social order. In advanced capitalist society, the principle agents of socialization include the family, the media, the school system, religious and spiritual institutions, and peer groups. It is important to note that our current social order is a tiered social order. It is based on authority, hierarchy, and the differential assignment of value to human individuals (i.e., some individuals like CEOs and presidents are worth more than others). Within this context, individuals receive differential socialization. Those born into the lower tiers receive a socialization process geared to fitting them into the low level, wage based sectors of The System. Those born into the higher tiers receive specialized education designed to train them as low level managers, as corporate or political rulers, etc. There are a number of things that can affect an individual’s socialization process. The amount of impact that each of the agents has on an individual will depend on the situation, the individuals experiences, and the stage of life the individual is in. Family First emotional tie ......

Words: 2251 - Pages: 10

Premium Essay

Agent Orange

...Was the use of Agent Orange worth it? Was it worth all the hard ache it caused to not only Americans but, also the lives of a whole entire generation of people from Vietnam? This essay is about how and why it shouldn’t of been used in the Vietnam war. And how if it wouldn’t of been used, would of saved thousands of lives. I’m not too sure what your prior knowledge is about Agent Orange so I’ll give you a little background information to it. November 1st 1955 America goes to war with North Vietnam in the attempt to end all communism in the world. The location of the war was in the lush and extremely dense jungles of South Vietnam proving to be very hard for our American soldiers. The herbicide Agent Orange was used to take out lots of the vegetation on the jungle floor to expose the enemy. Agent Orange was a very powerful and deadly chemical mixture of 2,3,7,8- tetrachlorodibenzo-p-dixoin (TCDD). *history channel* Which through experiments done on lab animals as proven to have done almost immediate health effects not including the issues that come with time such as various cancers and birth defects. Agent Orange proved to be very useful on the battle field during the war, completely destroying the plant life to expose the Vietnamese soldiers. The whole operation of using the herbicide was called operation “Ranch Hand”. *A* There were several ways (TCDD) was spread out all over the jungles, such as trucks, soldiers with spray backpacks, and most of all the was the C-123’s......

Words: 395 - Pages: 2

Premium Essay

The Secret Agent

...Political Economics in “The Secret Agent” "The Secret Agent" by Joseph Conrad is about a Mr. Verloc who has a business cellar selling shady wares. He exercised the vocation of being a protector of society. In the story he’s going to meet a Mr. Vladimir at the embassy. They are a group of communists getting together to plot something sinister. Mr. Vladimir was the mastermind behind the communist group. Mr. Vladimir encouraged the fellows to blow something up for the sake of mankind, ironically. Apparently, Mr. Vladimir had been paying Mr. Verloc and threatened his pay if he doesn’t act now and he is subdued. It leads us to believe that to be contradicting since they seem to be fighting for a cause against capitalism and the power of money. It happens again within the group later also. Communism propaganda is evident in this book. This group of activists had other people involved as well. All with their own quirky twist. You see the author introduces each characters in a way that explains their motives behind their cause. Vladamir’s first words, “You are quite right mon cher. He’s fat, the animal. Mr. Vladimir’s secretary had a reputation as an agreeable and entertaining man.” (Ch. 2) From this introduction, you see that Vladimir speaks french. He has a first secretary that looks to agree with him. He seems to have the tendencies of an aristocrat. However, he is a devout enemy of the capitalist system. Michaelis, who had been imprisoned for fifteen years, but came out......

Words: 509 - Pages: 3

Premium Essay

Agents of Society

...Mashell Chapeyama Zimbabwe There are various agents that play part in the socialisation process in the society. In this essay the writer looks at five of these agents. The writer also looks at the good and bad sides of each of these agents. The agents that shall be discussed are: • Parents • Peers • Religious leaders • Teachers • Friends. Parents Parents are the main agents of socialisation for the children. This is so because the parents spend much of the time with the children, from their tender ages until they are grown up. At home the parents set standards and rules. They insist on certain folkways. Examples include that they must not eat while they are standing. In Zimbabwe parents also teach children moral codes such as clapping and thanking other people. They are taught good ways of treating others. Generally parents set the best guidance to children. This is due to the attachment which parents have with their children as well as the love they have for them. One bad thing in the socialisation that comes from the parents is insisting on certain standards which may not be good for the children. Some religious parents teach their children to disown other people’s religious beliefs. Parents may tend to create stereotypes in their children. They tend to want children to behave in exactly the same ways as they do. Teachers Apart from parents teachers give a lot of socialisation to children. Children believe that teachers are always right; hence they listen......

Words: 730 - Pages: 3

Premium Essay

What Is the Infections Agent (Pathogen) That Causes This Infectious Disease, the Name of the Bacteria, Virus, or Parasite?

...Taurean Bullard March 4, 2012 What is the infections agent (pathogen) that causes this infectious disease, the name of the bacteria, virus, or parasite? Staphylococcus Aureus is the infectious pathogen that can cause a variety of illnesses from minor skin infections like boils, carbunkles, cellulitis, impetigo, abcesses and of course staph infection. This pathogen can also lead to life-threatening diseases such as pnuemonia, menengitis, toxic shock syndrome, bacteremia, and sepsis. How is this infectious agent transmitted through food or water? This infectious agent can be transmitted by skin, soft tissue, respiratory, bone, joint, endovascular to wound infections. It is also carried in the respiratory tract, nasal passages. It can also be transferred onto clothes, bedding and on the skin of carriers. If someone that is a carrier doesn't wash their hands properly then the staph can easily get into any food or drinks they handle and thus be transferred to someone else. Infections may spread through contact with pus from an infected wound, skin-to-skin contact with an infected person by producing hyaluronidase that destroys tissues, and contact with objects such as towels, sheets, clothing, or athletic equipment used by an infected person. What is an example of a real life outbreak of this foodborne illness in the United States? There was an outbreak of Staphylococcus Aureus at the World's Fair Park event site July 30, 2005. This event took place in......

Words: 551 - Pages: 3

Premium Essay

Agents of Socialization

...Agents of Socialization | Ways how each socialize the member of society | Examples That illustrate the agents of socialization. | Family | Morals and Values, Interaction and communication | Skills- learn to speak, learn daily chores, learn to socialize among people, to be responsible | School | Peer Group, Study Groups, Gender, | Skills- reading and writing, following rules, respect others, be polite, introduces to diversity. | Mass Media | Radio, Television, New Paper, Internet | Advertisements for persuading people to buy unnecessary items and products, Awareness (Natural Disasters and others), Exchange of information. Entertainment | Peer Group | Gangs, Study Groups | Communication of similar interests, the dress code, behaviour (good/bad), Entertainment. | 1. Develop a table to show the ways in which the following agents of socialize the members of the society. Family, School, Mass Media, Peer Group. Include examples to illustrate these ways. 2. In table form state advantages and disadvantages of the influence of exposure of the youth to the common modes of the mass media, such as Television, Video Games and the Internet. Common Modes of Mass Media | Advantages | Disadvantages | Television | Keeps us Updated on Interests, Entertainment, Educational T.V. | Violence (Violent Shows, movies) Crime Increases, Obscene Language, Aggressive behaviour, Pornography, Time Consuming. | Video Games | Entertainment, Find Friends from other countries......

Words: 340 - Pages: 2

Bastelanleitung + Material f. beleuchteten Engel Lichterkette basteln Bastelset | Pasta montaggio pneumatici BIANCA 5 kG per gomme auto e moto MADE IN GERMANY | Great Sardaar.2018.Punjabi.1080p.AmazonDl.AVC.DDP.2.0.Telly