Pros And Cons Of An Enrolled Agent (EA)

The Law: There is a host of constitutional and statutory authority establishing that the Internal Revenue Service is an agency of the United States. The U.S. Supreme Court stated in Donaldson v. United States, 400 U.S. 517, 534 (1971), "[w]e bear in mind that the Internal Revenue Service is organized to carry out the broad responsibilities of the Secretary of the Treasury (Notice they do not define Secretary) under § 7801(a) of the 1954 Code for the administration and enforcement of the internal revenue laws."

The United States healthcare industry is facing some serious long-term issues. The number of uninsured people is in millions.

The Affordable Care Act that is commonly known as the Obamacare can be explained as healthcare declaration that was enacted by the Federal government on 23rd March 2010. The main objective of the Act was to reform the US health systems by offering and bettering access to quality and affordable health care, health insurance, and by offering American citizens with more rights and safeguards by minimizing healthcare expenses for both the government as well as the American residents. Moreover, it can also be pointed out that the Act also aimed extending private and public insurance coverage while also regulating the insurance sector. Nevertheless, since enactment of the Act, the Act has been heaving criticized by some quarters to the extent that some political leaders in the USA have expressed their views on repealing the Act (Everett and Dawsey, 2017). Nevertheless, it can also be pointed out that there are those who strongly support the Act and give different reasons to explain the reasons why they are in support of the Act. This essay focuses on the topic of Obamacare and discusses in detail the reasons why the Act should be ammended.

The profession of accounting is a one that is highly regulated, due to the knowledge and power each accountant possesses. Although an accountants duties differ from one position to the next, the main sectors that accountants pursue are auditing or taxation. Auditing is ensuring the public that the information listed on the financial statements of public companies is free of material misstatements. While taxation is helping people or companies file their tax returns to the federal government or offering tax advice. In the world of auditing, you either follow the Public Company Accounting Oversight Board (PCAOB), for public company audits, or the American Institute of Certified Public Accountants (AICPA), for other entities

The individual mandate is a tax penalty for those who do not obtain health insurance. This is a highly controversial aspect of the Affordable Care Act that is currently up for debate. Under the latest version of the GOP tax-reform bill, the individual mandate is up for elimination. Eliminating the individual mandate would ultimately cause healthier people to opt out of health care insurance. This would leave only unhealthy people being the ones who purchase health insurance, which in the long run would lead to higher healthcare costs. By ending the mandate premiums would rise and businesses would possibly shift to high-deductible plans or cut coverage entirely.

The Affordable Care Act (ACA) is the new health care reform law in America, which is often called Obamacare. The Affordable Care Act (ACA) is a short for the Patient Protection and Affordable Care Act (PPACA). According to the Affordable Care Act summary, “The Patient Protection and Affordable Care Act is made up of the Affordable Health Care for America Act, the Patient Protection Act, and the health care related sections of the Health Care and Education Reconciliation Act and the Student Aid and Fiscal Responsibility Act. It also includes amendments to other laws like the Food, Drug and Cosmetics Act and the Health and Public Services Act.”(2015). The Affordable Care Act (ACA) has made sure that access to health care is increased, and it

Would you like to pay $106,000 for heart surgery? The answer is no. I agree with the Affordable Care Act. The Affordable Care Act makes everything easier for Americans. The Affordable Care Act has impacted in a beneficial manner. No one including children will no longer be denied or limited to health care plans for their pre-existing conditions. According to the Health and Human Services (2014), all americans will have access to reasonable health insurance options. Since the Act came to place, more than 7 million people have signed up for health insurance through this. The Affordable Care Act is making a stronger health care and Medicare program. CHIP has expanded to cover up to 9 million children, which is good for all families.

Tax Law Books- IRS agents must have prior experience with the various tax laws. However, a tax book will be used extensively due to the vast amount of laws. Books will also be used to support claims of fraudulent behavior.

To upgrade from Registered Appraiser Assistant to Certified General Appraiser you need bachelor’s degree or higher from college or university. For additional education hours you need:

The Affordable Care Act does not take a socialist approach because it is just a welfare act that tries to create affordable health care for every individual in the U.S. Furthermore; it practically forces citizens and legal residents to acquire health insurance from a private insurance market. In other words, the Affordable Care Act serves to give the absolute power to the insurance companies and does not give control to the

I enjoyed reading your post. There are a lot of issues that you brought to the forefront for discussion during your post. The thought process behind the Affordable Care Act was admirable however, the ACA did not meet the needs for every american. So, therefore we see that the Affordable Care Act has been essentially been disbanded by the current administration in Washington. Whether a person agrees or disagrees with the political sides of either party one must realize that the Health Care system in America is broken and it some point in time it must be addressed and fixed (Mayer, 2013). There are no quick fixes to this problem and our sacrifices that must be made from both sides of the aisle politically speaking. The one aspect that

particular product or service to the public. Familiarizing one self to the Internal revenue Service

The following individuals are authorized personnel to practice before the Internal Revenue Service: attorneys, certified public accountants, enrolled agents, enrolled actuaries, and enrolled retirement plan agents. These personnel are subject to the regulations in the circular. The enrolled agents and retirement plan agents are subject to approval by the internal revenue service. Attorneys and Certified Public Accountants should be individuals who are not under suspension or discharge from practice.

Insurance agents and brokers must obtain a license in the states where they plan to sell insurance. By law, licenses are issued only to applicants who complete specified courses and then pass written examinations covering insurance fundamentals and insurance laws (Edwards, 1999, A13). Agents who plan to sell mutual funds and other securities must also obtain a separate securities license (Edwards, 1999, A13). Most states also have mandatory education requirements focusing on insurance laws, consumer protection, and the technical details of various insurance policies (Vault.com, 1999). The Degree requirements include Certification from the National Association of Securities Dealers or the Securities and Exchange Commission (Vault.com, 1999).

The employee assistance programs commonly known as EAP’S are the services and employee benefits programs that a provided by the company to its employee to develop trust with the employee that the company is providing the best package in accordance to the employee services so that he or she can work in a stress free environment and give a batter performance.