About us

Elvidge Tax Service, LLC – 60 Years of Excellence in Newton, NJ

At Elvidge Tax Service, we bring decades of tax preparation experience to every client engagement. Our practice continually invests in updated technology and sophisticated tax software capable of preparing a full range of federal tax returns and supporting forms. We also prepare state tax returns for all 50 states and file all eligible returns electronically.

While tax preparation is a core service, Elvidge Tax Service offers a broader range of professional services designed to meet the ongoing needs of our clients. A complete list of services is available here: SERVICES

*WHO ARE ENROLLED AGENTS

Enrolled Agents (EAs) are federally-licensed tax practitioners who may represent taxpayers before the IRS when it comes to collections, audits and appeals. They have earned this privilege of representing taxpayers before the Internal Revenue Service by passing a comprehensive three-part examination covering individual and business tax returns. As authorized by the Department of Treasury’s Circular 230 regulations, EAs are granted unlimited practice rights to represent taxpayers before IRS and are authorized to advise, represent, and prepare tax returns for individuals, partnerships, corporations, estates, trusts, and any entities with tax-reporting requirements. Enrolled agents are the only federally-licensed tax practitioners who specialize in taxation and have unlimited rights to represent taxpayers before the IRS.

CONTINUING EDUCATION

In addition to the stringent testing and application process, the IRS requires enrolled agents to complete 72 hours of continuing education every trhree years in order to maintain their active enrolled agent license and practice rights. Additionally, NAEA members must complete 30 hours of IRS-approved continuing education each year (which would lead to a total of 90 hours for each three-year EA enrollment cycle period).

THE DIFFERENCES BETWEEN ENROLLED AGENTS AND OTHER TAX PROFESSIONALS.

Only enrolled agents are required to demonstrate to the IRS their competence in all areas of taxation, representation and ethics before they are awarded unlimited representation rights to represent taxpayers before the IRS. Unlike attorneys and CPA’s who are licensed and who may or may not choose to specialize in taxes, all enrolled agents specialize in taxation.

ETHICAL STANDARDS

Enrolled agents are required to abide by the provisions of the Department of the Treasury’s Circular 230, which provides the regulation governing the practice of enrolled agents before the IRS. NAEA members are also bound by a Code of Ethics and Rules of Professional Conduct of the Association.

STATISTICS

Because of the expertise necessary to become an enrolled agent and the requirements to maintain the license, there are only 64,522 practicing enrolled agents. At the end of 2024 the number of individuals with Federal current tax identification numbers is over 800,000. Enrolled agents represent only 7-8% of this total.