09/04/2026
Finance FAQ Friday: “What is the difference between a CPA, an Enrolled Agent, a financial coach, and a tax preparer?”
Not all financial titles are created equal. Here is what actually matters.
📊CPA — Certified Public Accountant
State licensed. Passed a rigorous national exam. Required to complete continuing education every year to maintain licensure. Can prepare your taxes, advise on strategy, and represent you before the IRS.
📊EA — Enrolled Agent
Licensed directly by the IRS. Passed a comprehensive three part tax exam or worked for the IRS for five or more years. Highly specialized in tax and can represent you before the IRS at all levels.
📊Tax Attorney
Licensed by the state bar. Handles complex tax disputes, IRS litigation, collections, and estate planning. Full legal accountability behind them.
📊PTIN Holder
The minimum requirement to legally prepare taxes for compensation. It is an IRS registration — not a credential. Anyone can get one.
📈Financial Coach / Tax Coach / Money Coach
Not regulated. No licensing body. No exam. No accountability structure. Anyone can use these titles without any formal education or oversight.
Before you trust anyone with your finances ask two questions: what are your credentials and who regulates them?
If they cannot answer both clearly that is your answer.
Drop your tax questions below and we may feature yours next Friday.