CPA Temecula 92590
Dave Neugart, E.A., Certified Tax Professional As a federally licensed IRS Enrolled Agent, I specialize in tax preparation and audit representation for Businesses and Individuals. With a focus on sectors such as California Real Estate, Insurance Property & Casualty, Life & Health, and Federal Mortgage Originations, my expertise extends to homeowners and those navigating financial complexities during divorce proceedings. My commitment to staying updated on the evolving economic landscape is fortified through rigorous annual continuing education, enabling me to employ cutting-edge financial strategies tailored to today’s market conditions. With rich experience spanning over 25 years, my robust financial and tax knowledge serves as a valuable resource for your individual and business needs.
Why Choose an IRS Enrolled Agent? An Enrolled Agent (EA) is a tax practitioner federally recognized and licensed by the Internal Revenue Service. This esteemed credential is achieved through the successful completion of a comprehensive three-part IRS examination that focuses on all facets of taxation. To maintain this designation, EAs are mandated to uphold high ethical standards and complete 72 hours of continuing education every three years. The credential grants unlimited practice rights, allowing EAs to represent any taxpayer, manage a wide array of tax matters, and liaise with various IRS offices.
Distinct from the Certified Public Accountant (CPA) designation—which concentrates on accounting and auditing rules primarily to interpret financial statements—the EA certification is homed in on tax law. It provides an in-depth understanding of tax obligations and their calculations, as opposed to merely their presentation in financial statements.
As an Enrolled Agent, I can adeptly manage your business taxes, represent you in the event of an IRS audit, and even handle specific accounting tasks. Given that small, privately held businesses are not required to file financial statements with the Securities and Exchange Commission (SEC), an Enrolled Agent, tested rigorously on tax law, serves as the ideal professional to address your most pressing financial concerns.
An enrolled agent is a tax practitioner licensed at the federal level by the Internal Revenue Service. This license is obtained by passing a three-part comprehensive IRS test covering all areas of taxation. Enrolled agent status is the highest credential the IRS awards. Individuals who obtain this elite status must adhere to ethical standards and complete 72 hours of continuing education courses every three years. Enrolled agents have unlimited practice rights, meaning they are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent clients before.
The EA test is on tax law, which distinguishes it significantly from the CPA (certified public accountant) exam which is almost exclusively on accounting and auditing rules and procedures, specifically designed to facilitate the interpretation of financial statements. This financial statement interpretation generally has no relevance to tax law except as to how tax obligations are presented in the financial statement, not how the taxes are calculated.
An EA can prepare your business taxes and represent you before the IRS if you are audited; you can also use an EA for accounting tasks … there are no questions on tax law on the CPA exam, only questions on the accounting treatment of tax obligations. And, since there are no small privately held businesses that are required to file their financial statements with the SEC, this all the more reason to consider a professional who has been tested on the business owner’s main concern, taxes.*
© 2024 Titanium Taxes & Business Services
Accountant Websites & SEO by Service2Client.com