- Hinckley Businessperson Rich Rhodes, EA, Meets with Congressman James Renacci
For Immediate Release
Washington, DC, (May 24, 2018 ) — Rich Rhodes, EA, a Hinckley businessperson, met with the DC office of Ohio Congressman Jim Renacci on May 15 to discuss important issues affecting taxpayers as part of the tenth annual National Association of Enrolled Agents (NAEA) Fly-In day.
Rhodes joined with nearly 100 fellow enrolled agents (EAs) from across the country to converge on Capitol Hill and speak with elected representatives about three vital issues: IRS reform, minimum standards for tax return preparers and changes to electronic signature standards. The day consisted of a series of meetings in multiple House and Senate offices. The day concluded with a celebratory reception featuring Rep. Brian Higgins (D-NY) the Vice-Ranking Member on the House Committee on Ways and Means, and Rep. Tom Rice (R-SC).
Rhodes holds the enrolled agent credential issued by the U.S. Treasury Department. Enrolled agents are the only federally-licensed tax practitioners who specialize in taxation and have unlimited rights to represent taxpayers before the IRS. Enrolled agents specialize exclusively in taxes – that’s why they’re known as America’s tax experts.
“I was greatly encouraged by my visit with Rep. Renacci and his staff,” Rhodes said. “He recognizes IRS reform efforts are extremely important and if handled correctly, hold the promise of improving service to both taxpayers and tax preparers. I was also grateful for the opportunity to focus attention on the need for greater oversight of tax return preparers. There are little to no protections in place right now that prevent taxpayers from being taken advantage of by incompetent or unscrupulous preparers.”
By personally calling on the Washington office of Rep. Renacci, Rhodes participated in a true grassroots effort to promote the tax preparer profession and protect the American taxpayer. Participants educated legislators about issues affecting tax return preparers and obstacles preventing the tax code from being fairly applied and reasonably enforced. As a member of NAEA, Rhodes must adhere to a code of professional conduct and meet annual continuing education requirements that surpass those established by the IRS.
About the National Association of Enrolled Agents (NAEA)
The National Association of Enrolled Agents (NAEA) has been powering enrolled agents, America’s tax experts®, for more than 45 years. NAEA is a non-profit membership organization composed of tax specialists licensed by the U.S. Treasury Department. NAEA provides the networking, educational opportunities, programs and services that enable enrolled agents and other tax professionals to excel beyond their peers. Enrolled agents are the only federally-licensed tax practitioners who both specialize in taxation and have unlimited rights to represent taxpayers before the Internal Revenue Service. To find out more, visit www.naea.org and follow NAEA on Facebook and Twitter.
- Rich Rhodes, EA Earned Elite Designation
Hinckley Tax Practitioner Completes Rigorous National Tax Practice Institute™
For Immediate Release
Washington, DC. – 8/15/2012 Rich Rhodes, EA has earned the prestigious Fellow designation from the National Association of Enrolled Agents (NAEA) for completing the three levels of the National Tax Practice Institute (NTPI®). This achievement demonstrates Rich Rhodes, EA’s dedication to protecting taxpayer rights and attests to his expertise in tax.Fellows of NAEA’s National Tax Practice Institute have completed a demanding three-part curriculum that has uniquely prepared them to effectively represent their clients before all administrative levels of the IRS. Having successfully completed coursework covering all variances of examinations, audits, collections and appeals, and having studied best practices and role-playing, Fellows know the entire process from both the client and IRS perspective. While earning the EA license denotes competence and the right to represent taxpayers, Fellows have made the commitment to a higher level of knowledge and excellence which further sets them apart. The course, open only to licensed tax professionals, was developed to prepare licensed representatives to protect their clients’ rights by disseminating the most recent information about IRS laws and procedures critical to representation.
Enrolled agents (EAs) are a diverse group of independent, federally authorized tax practitioners who have demonstrated a high level of technical competence in tax and are licensed to practice by theUnited States government. The only federally-authorized tax practitioners with unlimited rights of representation before the IRS, EAs advise and represent taxpayers who are being examined by IRS, are unable to pay taxes or are trying to avoid or recover penalties. EAs also prepare tax returns for individuals, partnerships, corporations, estates, trusts and any other entities with tax-reporting requirements. Unlike tax attorneys and CPAs, who may or may not choose to specialize in taxation, all EAs specialize in taxation and are required by the federal government to maintain their professional skills with continuing professional education. Enrolled agents are “America’s Tax Experts!”
Rich Rhodes, EA is a member of the National Association of Enrolled Agents (NAEA) and the Ohio State Society of Enrolled Agents.
The National Association of Enrolled Agents (NAEA) is a professional society whose members are dedicated to honest, intelligent and ethical representation of the financial position of taxpayers before the IRS. Its efforts are supported nationwide through a network of affiliated state and local chapters. Members of NAEA must fulfill continuing professional education requirements that exceed the IRS’ requirements. NAEA membership also entails stringent adherence to a Code of Ethics and Rules of Professional Conduct, as well as compliance with the Treasury Department’s Circular 230 regulations. NAEA members are experienced, well-trained tax professionals who effectively represent their clients and work to ensure the tax code is fairly applied and reasonably enforced.
To find an enrolled agent in your area, visit the National Association of Enrolled Agents’ website at www.naea.org and click on the “Find an Enrolled Agent” link.
Let’s Talk Taxes
Greetings from the IRS
You’ve just picked up your mail and … uh oh, there among the ads, bills and too numerous offerings for credit cards is that official looking letter from the Internal Revenue Service. A feeling of dread comes over you…but don’t panic or toss it, and please DO open it. It might even be good news.
Usually, mail from the IRS is a notification that they need verification of documents or substantiation of an amount you have claimed on your tax return. Read the letter thoroughly. Determine what they are looking for, and then provide the information. Some of the most commonly missed items on a return are simple things: you forgot to sign the 1040; you didn’t attach W-2’s and required statements; if you’re paying quarterly, maybe you claimed the wrong amount as estimated tax; or, perhaps the income you listed doesn’t match the figure that was reported to the IRS on a Form 1099 by someone who paid you during the tax year.
If you have the correct information, it’s a simple matter to fix. Make copies of your documents verifying the information on your return and send the copies back to the IRS along with a copy of the letter they sent to you. If, in fact, you didn’t include an amount on your return that should have been there, sign the form agreeing to the change and send them a check for the amount of tax due by the deadline date given for compliance. Usually, penalties and interest will be added—so, the sooner you comply, the less it will cost.
If your IRS letter advises you that your return has been selected for audit, you would be wise to seek professional advice. If you used a tax professional to prepare your return, such as an enrolled agent (EA), CPA, attorney or registered tax return preparer, you should contact that person for help with the audit. If you prepared your own return, you may wish to contact an enrolled agent immediately. Enrolled agents are authorized by the U.S. Treasury Department to represent taxpayers before all administrative levels of the IRS for audits, collections, and appeals. To find an EA in your area, visit the National Association of Enrolled Agents website at www.naea.org.
Now you’re thinking, what about that possible good news mentioned earlier? It could be that the notice is for an unexpected refund, of course. Now, open that letter!
Rich Rhodes is an enrolled agent, licensed by the US Department of the Treasury to represent taxpayers before the IRS for audits, collections and appeals. Only enrolled agents are federally licensed and have unlimited rights of representation. To attain the enrolled agent designation, candidates must demonstrate expertise in taxation, fulfill continuing education credits and adhere to a stringent code of ethics.