Become an enrolled agent Internal Revenue Service

enrolled agent salary in india

Traditionally focused on CPAs, these firms now recognize the value of EAs for their specialized skills, especially in handling U.S. tax matters critical for multinational operations. The Enrolled Agent (EA) course is a detailed program for people who want to become authorized tax experts in the United States. The IRS, which is like the tax department of the U.S. government, collects taxes and makes sure everyone follows the tax rules properly. According to the National Association of Enrolled Agents, approximately 53,000 Enrolled Agents are practicing across all 50 U.S. states. If you’re based in India or plan to work with US clients, you might wonder what salary an Enrolled Agent can expect. Our blog on Enrolled Agent Salary in India has broken down the earning potential and career opportunities for EAs in India.

Step 2: Pass the Special Enrollment Examination (SEE)

Since the Enrolled Agent designation is recognized and authorized by the IRS, E.A.s are in demand globally, particularly in countries with strong economic ties to the United States. Advanced licensing and certifications help take your CA career to the next level. For instance, look for certifications like Certified Information Systems Auditor (CISA) or Certified Internal Auditor (CIA). A Finance Manager draws quite a handsome average base salary in India of approximately INR 1,174,527 per annum. Once you’ve passed the exam, you’ll need to apply for enrollment by submitting Form 23 to the IRS. Don’t worry; we’ve got you covered with a step-by-step guide on How to Fill out Form 23.

Chartered Financial Analyst (CFA)

Enrolled Agents (EAs) are highly respected tax professionals in the United States, authorized by the U.S. Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS). However, their expertise is increasingly in demand globally, including in India. This blog explores the salary prospects for Enrolled Agents in India, the factors influencing their earnings, and how their compensation compares to other tax professionals in the country.

Candidates with 1-2 years of experience earn approximately INR 613,000 annually, while candidates with 5-9 years of experience earn almost INR 2.0 million annually. For professionals focused exclusively on tax matters, becoming an Enrolled Agent may be a faster and more focused path to gaining IRS representation rights than pursuing CPA licensure. Enrolled Agents can work in various settings, including private practices, accounting firms, or even remotely as self-employed professionals.

Exploring the Enrolled Agent Course: A Promising Career Path for Indians Until 2030

For detailed instructions, visit our blog on How to Fill Form 8554, which walks you through reporting your continuing education credits and staying compliant with IRS regulations. Please meet these requirements to avoid suspending or revoking your EA certification. We recommend setting up reminders to track your continuing education credits to avoid penalties and stay compliant. Holding the Enrolled Agent designation demonstrates a deep understanding of tax laws and IRS processes.

enrolled agent salary in india

Fresher CAs are paid approximately INR 696,000 annually, while experienced professionals are paid about INR 855,000 per annum. A chartered accountant at KPMG gets an average base salary of INR 1,179,162 per annum. The average base salary of enrolled agent salary in india a chartered accountant in India in 2024 is approximately INR 968,441 per annum. While the lowest salary is about INR 488,000 annually, the highest salary is almost INR 2.0 million.

  1. The salaries are inclusive of bonuses, profit sharing, commissions, overtime pay, etc.
  2. This is typically for professionals working in firms providing U.S. tax preparation services.
  3. Simandhar Education offers expert-led EA training, including structured learning paths, industry insights, and 100% placement assistance.
  4. Holding the Enrolled Agent designation demonstrates a deep understanding of tax laws and IRS processes.
  5. This is mandatory for anyone who prepares federal tax returns for compensation.
  6. Specializing in tax representation enables EAs to leverage their skills and achieve long-term career success.

The salary of a Financial Analyst in India is approximately INR 503,000 annually, with an experience of almost 4-8 years. Both Enrolled Agents and Certified Public Accountants (CPAs) are highly respected tax professionals, but there are critical differences between the two designations. For detailed information on the renewal process, visit our guide on Enrolled Agent Renewals.

Enrolled Agent Exam Costs: What You Need to Know

International clients often provide higher salaries and more diverse opportunities. Additionally, industries requiring specific tax expertise tend to offer better pay scales. By gaining experience in these fields, EAs can secure higher positions and increase their earning potential.

  1. International clients often provide higher salaries and more diverse opportunities.
  2. For a more detailed breakdown of each part of the exam, visit our complete guide on the Enrolled Agent Exam Syllabus.
  3. This guide provides a complete list of topics for each section and study tips to help you prepare effectively.
  4. E.A.s can work in roles involving tax planning, compliance, IRS representation, and tax preparation for U.S. citizens and businesses operating globally.
  5. A CA articleship can be considered an internship a candidate pursues in the CA program.
  6. License is issued by the IRS, giving you the authority to practice U.S. tax law and represent clients before the IRS.
  7. EAs are generally seen as tax experts, while CPAs have a more generalized accounting background.

With the EA course lasting just 6–9 months, this is a quick path to a rewarding career with significant earning potential. In India, the average annual salary of a Forensic Auditor is approximately INR 9,00,000. For experienced candidates, the highest salary can reach up to INR 12,00,000 per annum. Accquaint Academy’s enrolled agent course offers comprehensive EA classes designed to prepare Indian students for a career as an enrolled agent. One of the most significant benefits of being an Enrolled Agent is having unlimited rights to represent clients before the IRS.

Unlike other tax preparers, EAs can assist clients with audits, collections, and appeals, making them highly versatile. After passing all three parts of the SEE, you must submit Form 23, the official application for enrollment with the IRS. This also involves a background check to ensure you’ve met all tax obligations. Becoming an Enrolled Agent involves passing a rigorous exam and meeting IRS requirements. Here’s the complete step-by-step process to obtain your Enrolled Agent certification. Based on recent data, the average Enrolled Agent salary in India is around ₹12,50,000 per year, which is approximately ₹1,04,167 per month, ₹24,038 per week, or ₹581 per hour.

Projections indicate that India will need 3 million Chartered Accountants by 2047. As the Indian economy grows, the demand for skilled CAs is expected to rise significantly. Before applying for the Special Enrollment Exam (SEE), you must acquire a Preparer Tax Identification Number (PTIN) from the IRS. This is mandatory for anyone who prepares federal tax returns for compensation. Outside India, especially in the United States, the salaries for Enrolled Agents are significantly higher due to greater demand and the direct connection to the IRS.

Beyond the Big 4, multinational corporations across sectors like finance, technology, and consulting are hiring EAs to manage their U.S. tax affairs. The continuous evolution of U.S. tax laws means companies need professionals who can stay ahead of regulatory changes. EAs fill this role, ensuring companies remain compliant and handle tax issues efficiently. With advanced IRS representation skills, Enrolled Agents can command higher service fees. Additionally, the demand for tax professionals who can represent clients before the IRS grows, creating more lucrative career opportunities. The Enrolled Agent license provides a unique specialization in U.S. tax law, which is in high demand across various industries in India.

This credibility often leads to greater client trust lon, long-term professional relationships, and career growth. Tax laws are continually changing, and with the IRS consistently enforcing tax compliance, there’s always a need for skilled professionals who understand the tax code and IRS procedures. Enrolled Agents offer specialized services that make them indispensable in the tax world. To maintain your Enrolled Agent status, you must complete 72 hours of continuing education every three years, at least 16 hours per year. Despite these differences, Enrolled Agents hold a unique position in the tax profession. Their federal licensure allows them to practice U.S. tax law and represent clients before the IRS, giving them a niche expertise that is valuable in the global market.

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