CFO Business and Tax Services, Inc.

Your Personal CFO and Tax Professional


Frequently Asked Questions


What is an Enrolled Agent?


An Enrolled Agent (EA) is an individual who has demonstrated technical competence in the field of taxation. Enrolled Agents, or EAs, can represent taxpayers before all administrative levels of the Internal Revenue Service.  EAs are authorized to appear in place of the taxpayer at the Internal Revenue Service. Only EAs, attorneys, and CPAs may represent taxpayers before the IRS.  EAs advise, represent and prepare tax returns for individuals, partnerships, corporations, estates, trusts and any entities with tax-reporting requirements.


What makes an Enrolled Agent different from other tax professionals?


Enrolled Agents are required to demonstrate to the Internal Revenue Service their competence in matters of taxation before they may represent a taxpayer before the IRS. This is done by taking and passing three exams called the Special Enrollment Examination.  One is on Individual taxation, one is on business, estate and trust taxation and the third is on ethics.  Unlike attorneys and CPAs, who do not always choose to specialize in taxes, all EAs specialize in taxation. EAs are the only taxpayer representatives who receive their right to practice from the United States government. CPAs and attorneys are licensed by their individual states.


What is a Certified Quickbooks ProAdvisor®?


A Certified Quickbooks ProAdvisor® is someone who has completed extensive training and testing through Intuit to insure a thorough understanding of how to setup the software, provide training and use the latest features of Quickbooks®.  This designation also allows the ProAdvisor to pass on certain software discounts to clients.


What is an NTPI Fellow?


NTPI Fellows have completed a stringent, three-level program of study that covers all facets of representing clients before the IRS. They have learned to guide their clients through the often challenging maze of IRS codes, internal regulations and agency structure. As a whole, NTPI Fellows are individuals who exceed IRS’ minimum standard for continuing education and are dedicated to staying on top of the latest changes to the tax code.



*Accounting services are provided under the authority of Section 5052 of the California Accountancy Act for which a state license is not required


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