Achieving success in the US EA three-level examination requires dedication, perseverance, and continuous practice. However, these efforts may be futile without proper support from experienced teachers and quality study materials. Don’t let your hard work go in vain; join NorthStar Academy to realise your dream of becoming a US EA. Access top-notch study materials and learn from industry experts at NorthStar Academy. Furthermore, students can select which sequence to take the three tests within the EA exam format depending on their readiness level.
Role of an Enrolled Agent in India
The United States is the primary market for enrolled agents, as the certification allows you to represent clients directly in U.S. tax matters. E.A.s are hired by tax firms, multinational corporations, and accounting companies to handle tax compliance for individuals and businesses with U.S. tax obligations. Salaries for Enrolled Agents vary significantly based on experience and niche areas like multinational taxation. The starting salary for EAs in India is lower, but experienced EAs can earn upwards of INR 20 lakhs, with higher salaries compared to other tax professionals. Accounting firms like Deloitte, PwC, EY, and KPMG actively hire EAs due to the growing demand for tax services. For professionals with niche expertise in U.S. tax laws agent’sand representation, the salary can go even higher, especially when paired with roles in large accounting firms or tax consultancies.
UAE Corporate Tax
Enrolled Agents also work as estate and trust tax specialists, overseeing tax matters for trusts and estates. These specialists take on several responsibilities, the most significant of which is maintaining asset efficiency while ensuring compliance with tax regulations. They represent the trust or estate during audits and address discrepancies and issues raised by the tax auditing authority. Estate and trust tax specialists collaborate with tax advisors to achieve efficient outcomes for tax matters. They are also responsible for managing the wealth transition from the deceased to the beneficiaries. From leading corporations to the Big 4s, earning an EA certification will offer numerous opportunities to turn your dream career into a reality.
The globalization of business and finance has increased the demand for tax professionals with international expertise. In India, the demand for EAs is driven by the increasing number of individuals and businesses with tax obligations in the United States. Indian tax professionals are seeking EA certification to enhance their credentials and expand their practice to include U.S. tax services. A three-section examination is conducted to assess your skills and knowledge through an IRS test with company and individual tax forms. The salary of an Enrolled Agent in India offers competitive compensation for both freshers and experienced professionals.
Personal Tax Manager – Accountancy Practice – £43,000 – £58,000 DOE ACCA or ACA & CTA OR ATT qualified
Their expertise includes tax preparation, corporate tax, complex tax issues, and international tax planning. Due to globalization and increasing tax regulations, there is a greater demand for EAs in enrolled agent salary in india India and globally, with top accounting firms like Deloitte, PwC, EY, and KPMG hiring EAs for tax services. To earn the EA certification, candidates must pass all three sections of the Special Enrollment Examination (SEE).
It will help you learn everything about the fees of the EA course, salary in India, and services you can offer after the tax practice. A US Enrolled Agent (EA) career in taxation promises professional success and lucrative growth opportunities. With the profession granting 100% representation rights in tax matters, the comprehensive and rigorous structure of the US EA exam demands diligent preparation. Divided into three parts, the course covers various facets of taxation laws and practices.
Newly certified E.A.s who have passed the Special Enrollment Examination (SEE) can expect to earn between ₹5,00,000 and ₹10,00,000 per year in mid-level firms or Big 4 accounting firms. The salary of an Enrolled Agent in India varies widely based on several factors such as experience, location, level of education, and the nature of their employment. According to various industry sources and job postings, the average salary for an EA in India ranges from 7-10 LPA. The Internal Revenue Service is a US government agency that enforces federal tax laws. The Enrolled Agent course by this agency is the best option for every student and professional aspiring to enter the global tax world and ensure career success. However, there are certain factors that influence the annual salary of an Enrolled Agent, as explained below.
To become an EA, candidates must pass the Special Enrollment Examination (SEE), apply to the Department of the Treasury, and clear an IRS background check. With a fulfilling career path and competitive salaries, the EA qualification is a prestigious and rewarding choice in India and globally. For anyone looking to build a career in international tax, the EA credential is incredibly valuable. With career prospects both in India and outside India, EAs enjoy career growth, career opportunities, and a fulfilling career path.
Complementary Courses and Certifications to Increase Salary or Get Promoted:
- For those with over ten years of experience or E.A.s holding senior positions, salaries can exceed ₹15,00,000 and may go up to ₹20,00,000 per year.
- Enrolled Agents (EAs) are highly respected tax professionals in the United States, authorized by the U.S.
- Becoming an Enrolled Agent will not only enhance your finance and accounting skills and knowledge but will also come accompanied by highly valued career prospects.
- In conclusion, the role of an Enrolled Agent in India provides a strong salary range and continuous growth opportunities.
- However, students are given multiple opportunities, as they can attempt each exam up to four times within this timeframe.
It has various internationally recognised courses, such as the ACCA courses, CPA US courses (Certified Public Accountant), and US CMA courses. After completing these courses, you can work in top accounting firms and increase your earning potential in India and globally. Whether you’re a fresher, a professional in finance, or a Certified Management Accountant, adding the EA credential gives you a competitive edge. The demand for EAs is steadily rising, especially among firms offering international tax and advisory services. Companies now actively seek EAs to streamline tax compliance for their U.S.-based clients. Additionally, with more firms offering specialized tax services, high-salary roles in taxation are no longer limited to traditional chartered accountants.
- The second level, Business Taxation, is the most extensive, addressing tax laws for businesses and multinational entities.
- Cities like Bengaluru, Hyderabad, and Mumbai, which host many outsourcing hubs, offer higher pay packages.
- The average salary ranges from ₹ 8,95,916 to ₹ 12,57,472, influenced by factors like location, education, experience, and more.
- The Enrolled Agent course by this agency is the best option for every student and professional aspiring to enter the global tax world and ensure career success.
- The advanced certification landscape in finance and accounting is quite diverse.
Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends. 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. This figure varies by experience, location, and the industry employing the EA. Follow the steps below to enrol as an Enrolled Agent and handle tax matters. Each exam is entirely objective, with a maximum achievable score of 130 marks.
In addition to the big 4 firms, you can also apply to other MNCs and top organisations. Also, you can work independently to provide high demand tax-related services to various individuals and businesses. It’s worth noting that certain employees may be exempt from the examination requirement based on their previous technical experience. With 5-10 years of experience, E.A.s typically see their salaries rise to ₹12,00,000 and ₹15,00,000 annually.
Becoming an Enrolled Agent opens up significant career opportunities, especially for those interested in international taxation. E.A.s can progress into higher-paying roles, such as tax consultants, tax managers, or audit specialists, with salaries increasing as their experience and expertise grow. The cost of the US EA exam includes a $70 PTIN fee and a $200 per exam fee, totaling $670. When including coaching and training fees, the cost ranges from INR 150,000 to INR 250,000.
They assist them in reducing their taxable income while increasing tax refunds. Professionals in these Enrolled Agent jobs thoroughly understand the tax issues to represent their clients before the IRS. They also prepare and review documents for corporate income tax, franchise tax, sales and use tax, and estimated taxes. With the increasing outsourcing of U.S. tax work to Indian firms, professionals with EA certification are in high demand. The Enrolled Agent course allows you to apply for jobs in big four firms like Deloitte and top organisations all over the world.
EA Exam Schedule:
The Preparer Tax Identification Number (PTIN) is granted by the IRS to tax preparers. It is essential for the Enrolled Agents as it ensures accountability and compliance with IRS regulations. EAs must renew this number annually to ensure the validity of their EA certification. Enrolled Agents in India and every other nation are the tax experts that help individuals and businesses with their tax-related matters.
Specializing in this area allows E.A.s to differentiate themselves from other tax professionals like Chartered Accountants (CAs) or Company Secretaries (CSs). 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. The advanced certification landscape in finance and accounting is quite diverse.
The salary of an Enrolled Agent in India is influenced by various factors including experience, location, and specialization. For those passionate about taxation and helping others navigate the complexities of the U.S. tax system, becoming an Enrolled Agent can be a highly fulfilling career choice. These professionals offer valuable guidance to their clients or employers on US taxation topics. These topics include international tax planning, mergers and acquisitions, and estate planning. They are also responsible for their clients’ tax preparation without breaking any laws. Ordinary places where EAs work as tax staff include nonprofit organizations, public accounting firms, and corporate tax offices.
The enrolled agent salary in India is becoming a hot topic—and for good reason. As global taxation gets more intricate, the demand for tax professionals in India is climbing steadily. Enrolled Agent salary in India is essential for professionals looking to build a career in tax representation. EAs, licensed by the IRS, are experts in U.S. tax laws and can represent taxpayers before the IRS. Rising global demand for tax professionals is boosting EA popularity in India, especially with international companies and U.S. clients.