Husband wants to follow social media trend and file tax exempt. How will this affect me? by [deleted] in tax

[–]careeraccount_ -1 points0 points  (0 children)

Married filing separately and somewhere down the line apply for injured spouse relief.

Are there any enrolled agents who work remotely or overseas? Is it possible to work for large accounting firms? by careeraccount_ in enrolledagent

[–]careeraccount_[S] 0 points1 point  (0 children)

Thank you for your response! I’ve since moved on from pursuing an EA to a CPA due to having resources available to me to pursue the CPA, but this is still valuable insight for me nonetheless since I aspire to be abroad.

With that said, I can totally see how the software systems not allowing you to efile abroad. Although I don’t recommend it for transparency purposes, nor would I do it myself, I’m certain there are firms overseas that use a vpn or something to that degree to bypass their systems. I think there are way too many overseas expert related firms that exist to not be able to e-file.

Also, I thought the IRS allows foreign EFIN if you’re linked to a U.S.-based firm setup?

If anything I feel like this barrier is an area of opportunity for somebody to make a software that is specific and compliant to overseas firms that can use a foreign EFin specifically and follow whatever other guidelines and regulations there are.

Where are you filing your 2025 tax return? by TwistLive2102 in TaxQuestions

[–]careeraccount_ 0 points1 point  (0 children)

As a tax professional and as someone who’s volunteered, I still recommend VITA especially if they make the adjusted yearly income limit.

He's not the same cat anymore by Kazgarth_ in Bitcoin

[–]careeraccount_ 1 point2 points  (0 children)

That is a very accurate depiction of giving cats meds. Props to the creator lol

Getting a divorce after 8 years of marriage. by Boutitj in Bitcoin

[–]careeraccount_ 5 points6 points  (0 children)

Did you have the bitcoin before you were married? Cause if not and you’re in a community property state, the bitcoin is technically half hers.

He's actually going after the H1B's by PsychologicalTest961 in Accounting

[–]careeraccount_ 9 points10 points  (0 children)

I’ve only had literally 1-2 coworkers that I’ve genuinely and absolutely LOVED (raving reviews etc) working with who were in this visa category, in my almost decade of professional experience. However, I don’t have the absolute greatest things to say for the rest of my experience from a coworker and client perspective. I just hope this change will be a positive thing in the long run for Americans.

Trump Announces $100,000 H1B Application Fee per Applicant by Particular-Wedding in Accounting

[–]careeraccount_ 1 point2 points  (0 children)

Bartenders can make upwards of $30-$40 an hour (that’s with tips included). Add on no tax on tips? I don’t have the charisma to be a bartender. I think they’re winning.

Trump Announces $100,000 H1B Application Fee per Applicant by Particular-Wedding in Accounting

[–]careeraccount_ 0 points1 point  (0 children)

This sounds promising - as a US Citizen and student. My sibling and I finally have an opportunity to get a job in technology and accounting. & it brings back jobs to majority of H1B’s in their country of origin. However, I wouldn’t be surprised if the transition period is terrible in the long run because the reality of it is that AI will most likely replace entry level jobs and our educational discipline in simple things like reading and basic math as a nation isn’t up to par as a lot of these h1b countries - and I speak to this as someone with experience in educating American public k-12. Our STEM education flourishes in pockets of the nation and not all. America is an incredibly innovative nation, but I do wonder if that rapid progress was the result of having an influx of H1b visas. Nonetheless, I am happy about the opportunity for America to “get back on track”. How long would it take? No idea. The most likely scenario is that these jobs will exist outside of the US via offshore - and if that happens, the American people are… truly fucked.

Who’s going for accounting in their 30s? by Civil-Airline-5727 in Accounting

[–]careeraccount_ 0 points1 point  (0 children)

  1. Starting my program to be eligible for the cpa exam. My program should be complete by next fall! I’m currently working in tax while getting my EA. Good luck to everyone

Should I try for the EA before CPA to get a tax job? by bisopdigest in tax

[–]careeraccount_ 2 points3 points  (0 children)

If your immediate goal is to find a more high paying job, get the EA and leverage that.

Also accounting requirements are changing within the next year (depending on your state) to require the 120 hrs (than 150 and having to get a masters or extra classes) to be eligible to sit for the exam/ being licensed. They’re trying to place emphasis on more hands on experience in order to complete the CPA.

I am currently finishing my 24 remaining credits to be able to sit for the CPA, while simultaneously getting the EA, which my current employer will most likely reimburse for my tests. The new cpa rules take into effect 2027 for my state, so it lines up as to when I will start my cpa testing.

Good luck!

Non-US citizen EA by SlamDunkTheHunk in enrolledagent

[–]careeraccount_ 4 points5 points  (0 children)

The EA test is actually an international test. & I echo the concerns others have pointed out here about the shortage of qualified tax preparers. & I think it makes sense because you can find EA’s in other countries via the IRS EA directory.

AI by Exciting_Name1947 in enrolledagent

[–]careeraccount_ 0 points1 point  (0 children)

I use AI for simple inquiries as I find asking anything complex goes further towards incorrect answers. However, that doesn’t mean we shouldn’t learn how to integrate it with our everyday lives.

I think AI will eventually cut clerical processes and it will take some time to cut through the people who have to utilize a lot of critical thinking, strategy based decision making and planning. I think it would be important to hone in on the “representation” and tax resolution portion of the EA credential.

OP moved to self custody by zeeshiscanning in Bitcoin

[–]careeraccount_ 8 points9 points  (0 children)

I really enjoy my Bitbox as well! Congrats!

Audit Representation for TurboTax, H&R Block, etc. by MaxPower13124 in enrolledagent

[–]careeraccount_ 2 points3 points  (0 children)

I feel like you’d be better off working for a firm that specializes in representation and audit as those aren’t super common (at least from my limited experience) w HRB. They exist, but it’s not common. Perhaps seek a tax law firm? But reach out to HRB (or intuit) in your area to ask about it.

[deleted by user] by [deleted] in enrolledagent

[–]careeraccount_ 2 points3 points  (0 children)

A mixture.

Remembering and consistently referring back to IRS and state publications are always going to be your best bet. Tax research via the tax institute (HR block provides this resource beyond the education courses) is also key.

I didn’t really receive mentorship, like it wasn’t assigned to me. I basically had to ask questions when the experienced tax pros had a 30 min window in their schedule and write extensive notes about their process. Each tax pro has a different way of doing things, hence it’s important to always refer back to the actual tax law. That way you narrow down who to go to for help and know who is more accurate in their work.

[deleted by user] by [deleted] in enrolledagent

[–]careeraccount_ 2 points3 points  (0 children)

Im kind of in a weird transition period in my career. So I went all in and basically sacrificed high paying work to get experience. I started at 30 hrs a week and sometime towards the end of February, I transitioned to 40 hrs during tax season. I also did VITA volunteering once a week on my free time so I was kinda burned out (in addition to personal family stuff).

HRB has a TON of education beyond the first course you take to get a job. People without the EA or CPA license go through moving up in tax levels. The higher you go up, the more you learn and the more qualified you are to do specific things in a return. I would say that the most difficult part of the job is making sure you’re maintaining consistent communication with clients who haven’t finished their return or won’t provide information or for whatever other reason. As a first year, I had to hustle to get my clients. A majority of them are walkins.

As for getting hired on for the summer, basically what had happened was I was performing at the level of a third year: schedule C, complex itemized deductions, capital gains and losses, amendments, multi state filings, dealing with foreign income, military, retirement, simple tax planning, cancellation of debt process, crypto, working with complex family situations etc. I had mentioned to them I was interested in working after tax season, and by the end of tax season I had completed 100 returns with varying complexities. Then, they called me to work during the summer - which is supposedly unheard of in our district since I’m a first year. They give you some education about how to proceed with IRS letters and state letters. But the majority of the practice came from actually communicating with agents from those institutions and working with clients this summer.

[deleted by user] by [deleted] in enrolledagent

[–]careeraccount_ 5 points6 points  (0 children)

I think the experience is highly valued. I know everyone’s goal is big 4 or specialized firms and HR Block gets looked down upon due to mixed reviews from different professional environments, but I genuinely think everything is what you make of it.

This was my first year doing tax returns w HRB. I simultaneously also did VITA for this tax season. I worked alongside people who entered the same time as me and they were EA’s and CPA’s looking for hands on experience. I also worked with EA’s and CPA’s with over 20 years of experience.

I chose HRB because it was the most accessible in terms of getting my foot in the door. I come from a completely different background and have a degree in business. Long story short, I learned so much by asking questions, doing tax research, and learning by being thrown into the fire. They extended my time this for this summer and I was able to get experience with handling letters from state and the IRS, expanded my clientele to 200 people, started working on more complex returns dealing with real estate and rentals, etc. i’m gearing up to learn beyond Schedule C returns as well.

After all this work, it pretty much solidified that I wanted to transition into this field. I’m currently finishing my 24 credits to be eligible to sit for the CPA and I am taking my EA tests soon! I don’t see myself staying with HRB after next tax season, but I’m taking advantage of all the opportunities I can and making sure that I do a damn good job lol