Tag Archives: EN

Enrolled Agent

Enrolled Agent

Enrolled Agent means:
a person other than a certified public accountant or an attorney who is qualified to practice before the U.S. Internal Revenue Service. Enrolled agents have passed a 2-day examination or have worked in a technical area at the U.S. Internal Revenue Service for at least 5 years.

A federally-authorized tax practitioner who has technical expertise in the field of taxation and who is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the IRS for audits, collections and appeals.

A tax preparer who, by virtue of passing a tough IRS test or prior IRS work experience, can represent clients at IRS audits and appeals.

See Taxation Office and Taxation Office.

Description and Definition of Enrolled Agent

A tax preparer who has passed a difficult IRS test or has IRS experience and can represent clients at IRS audits and appeals.


See Also

Further Reading

Enterprise Zone Business

Enterprise Zone Business

Enterprise Zone Business means:
a business entity (like a corporation or company), partnership, or proprietorship that:

1. conducts business solely within an empowerment zone or enterprise zone, 2. derives 80% of its income from the active conduct of a qualified business within a zone, and.

3. uses substantially all its property within a zone.

Qualifying businesses must also meet other requirements, generally pertaining to assets, earning income, and employment within the zone.



Entity means:
the legal form under which property is owned. The benefits and risks of owning a business or property may vary depending on the entity that is formed. Options include a corporation or an S corporation, individual ownership, a joint venture, a limited partnership, a partnership, and a real estate investment trust. See legal entity.

U.S. and other Developed Countries International Tax Meaning

In general for tax purposes, an Entity is an organization, person or party that possesses separate existence. Options include corporations, partnerships, estates and trusts.