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This ensures that enrolled agents stay current with tax laws and regulations, providing the highest level of service to taxpayers. By definition, an Enrolled Agent (EA) is a tax professional who has achieved the highest credential the Internal Revenue Service offers. Before candidates can take the SEE and apply for enrollment, they must first obtain […]

Despite all its advantages, the going concern concept has its disadvantages as well, some of which can result in misleading financial reporting or assessment of an entity’s financial health. The going concern example portrays how this concept safeguards against the preparation of financial statements on the premise that a online bookkeeping business will continue to […]