If you are a business owner in Salt Lake City for example, then you understand the amount of effort it takes to deal with taxes. If you want to make your life easier and to allow your Salt Lake City business to run smoothly, then you should consider hiring a firm that specializes in tax services. There isn’t just one tax service, however. Below are four types of tax services that you and your Salt Lake City business might need.
Certified Public Accountant
A Certified Public Accountant (or CPA) is an individual who has been licensed by the state to provide accounting services to the public. Every state board of accountancy requires that an aspiring CPA must pass the Uniform Certified Public Accountant Examination. This is a rigorous exam administered by the American Institute of Certified Public Accountants. CPA candidates must also pass an ethics exam in more than 40 states. CPAs can perform a number of tax services.
Enrolled Agents
An enrolled agent (EA), is someone who has been trained in federal tax services and is licensed by IRS. EAs can represent any type of client, individual or business, in any tax matter before any IRS office.
A candidate must pass an IRS Special Enrollment Exam to become an EA. This comprehensive exam covers:
Both individual and corporate tax returns can be prepared.
The representation of clients
There are other aspects to being a tax professional.
Tax Attorney
An attorney is someone who is licensed by the state in order to practice law in the field of tax services. A majority of states require that an attorney has a law degree and passes a bar exam administered by the state bar association. A law license is also required to meet certain character requirements. To ensure they are up-to-date on changes and new laws, most states require that their licensed attorneys take continuing education courses.
Non-Credited Tax Preparer
A non-credentialed Tax Preparer is someone who prepares taxes but does not have any professional certifications or credentials from an outside organization like the IRS, AICPA, or a Bar Association. This includes seasonal tax preparers who work in tax shops and IRS Volunteer Income tax Assistance Program volunteers.
Larson & Company provide tax services to those in the Salt Lake City area.
