There is no specific education or work experience requirement, although candidates should have well-established tax knowledge before taking the exam. If your goal is to work at one of the Big 4 accounting firms, the Enrolled Agent designation is one way to stand out from other applicants. Learn how becoming a tax expert can help you excel at firms of all sizes on our Enrolled Agents at the Big 4 blog.
Large firms are willing and able to pay a premium to attract top talent. The larger the company, the higher the pay for a given role, and the better defined your career path will be. They prepare tax reports, ensure the accuracy of the company’s tax documents, and are responsible for handling any issues. They must stay up to date on relevant tax laws and often communicate across departments to ensure the entire firm is complying with accounting procedures. Completing the AFSP is not nearly as comprehensive as receiving an Enrolled Agent designation, and you do not have as many rights as an EA. However, it is vastly cheaper than that of preparing and sitting for the EA exam, and takes much less time to complete.
Enrolled Agent salary by years of experience
Another way to boost your salary and solidify your expertise is to become dual-certified. Whether you’re just getting started as an Enrolled Agent or are already a CPA wanting to specialize in tax, dual certification is the best way to help yourself stand out from the crowd. Sign in to create your job alert for Enrolled Agent jobs in Bronx, New York, United States. You know if you are being paid fairly as an Enrolled Agent if your pay is close to the average pay for the state you live in. For example, if you live in Wisconsin you should be paid close to $59,000 per year.
That works out to a 4% change in pay for enrolled agents over the last decade. Enrolled agent salaries typically range between $22,000 and $54,000 yearly. The biggest step you can take to increase your salary as a tax preparer is to become an Enrolled Agent. An enrolled agent with 0-2 years of experience earns an average entry-level salary of $21,082. A mid-career enrolled agent with 3-6 years of experience makes $35,171 a year on average.
What Do Enrolled Agents Do?
An enrolled agent’s salary ranges from $22,000 a year at the 10th percentile to $54,000 at the 90th percentile. enrolled agent salary is impacted by location, education, and experience. Enrolled agents earn the highest average salary in Alaska, Wisconsin, Washington, North Dakota, and Oregon. As you progress in your career, your salary will naturally increase. For each stage of your Enrolled Agent career, you’ll see an average salary increase of 8.38%.
Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. The average Enrolled Agent salary in New York is $57,059 as of January 26, 2024, but the range typically falls between $47,962 and $66,865. The average enrolled agent salary has risen by $3,188 over the last ten years. In 2014, the average enrolled agent earned $31,983 annually, but today, they earn $35,171 a year.
Recently added enrolled agent salaries
A senior level enrolled agent with 7-12 years of experience enjoys an average annual salary of $41,077. According to ZipRecruiter.com, the average annual salary for an Enrolled Agent as of December 2021 was $59,020. Our job description management tool- JobArchitect streamlines your job description process. Enrolled agent salaries at IDEMIA and Acuity Insurance are the highest-paying according to our most recent salary estimates. In addition, the average enrolled agent salary at companies like Smoker Craft Boats and Independent Health are highly competitive. The highest-paying states for enrolled agents are Alaska, Wisconsin, and Washington.
Big cities have more job opportunities and a larger pool of skilled workers, but they also typically have a higher cost of living, so location isn’t everything. If you dislike the cold and aren’t comfortable in a big city, you don’t have to live in New York or Chicago to make a living as an Enrolled Agent. For example, daycare can be a considerable expense for young working families. On-site daycare could save thousands of dollars and dozens of hours in commuting each year.