EA vs CPA...Which Is Better? #shorts

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*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

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[davis]

He’s talking as if CPAs do both taxes and audit (no specialization). CPAs generally specialize in either Audit or Tax, so a CPA that specializes in tax does the same amount of tax research and study as an EA

[MikeAveli.]

I know several people that couldn't pass the CPA but breezed through the EA exams. Im a cpa and i work with EAs.

[obiwannacrack]

This guy knows nothing about being a CPA.

[witnessthewrath]

They’re both valuable for different purposes. An EA is a mile deep well of knowledge focused on tax and tax strategy. A CPA is a mile wide knowledge on accounting.

[nattaksfinances]

CPA requires education above bachelors. Work under for a CPA in most states for a year, and pass 4 board exams Fin Accounting, Auditing, Tax, and Business.
An EA doesn’t requires higher education just need to pass the exams given by the IRS.

[marjorieroberts]

CPA's can have multiple specializations. A lot of them are tax professionals and tax planners.

[antuancaraballo]

CPA: harder exams, higher paying jobs, more opportunities in big corps like EY, PWC, McKenzie, Microsoft, Google.
EA: easier exams, lower salaries, most jobs are in tax preparing firms like HR-block. Many EAs end up on the entrepreneurial path opening their own tax firms.

Hiring a CPA to do your taxes is generally more expensive.

CPA is more prestigious than EA. Not to diminish EAs, but In the industry, EAs are those folks who couldn’t pass the CPA exams

[wunfoe]

The difference is 100k per year.
CPAs earn more.😂

[Samir-oezf]

Lol there are CPA firms emplying CPAs whose only job is to is to do federal and state taxes. This guy doesn't know what he's talking about

[danielhodges]

Either can be wayyy better than an unlicensed tax preparer.

[kelmartine]

I love this guy. I really need to book an hour long consult with Karlton this year. I have an excellent CPA but a second opinion is never bad. We do it for our physical health, so I should also do it for my financial health.

[christiancoronado]

Be careful. An EA doesn't have the professional reputation of a CPA

[djsalyers]

Great explanation for what an EA is. Bro was speaking yapanese on that CPA explanation though lmao

[jddc]

CPAs work in a variety of accounting, auditing or tax areas, one can be a CPA and a tax specialist doing tax research and planning just as a lawyer or EA

[brandenbailey]

The requirements to be a CPA are far more stringent than an EA. CPAs are far more experienced and expensive than an EA.

[esstentialsmen]

As well EA training is directly from the government not a CPA which a person may not get the correct information.

And the COST is dramatically different to learn for CPA than EA.

EA & CPA both make DAMNN GOOD MONEY ITS ALWAYS ABOUT YOUR MARKETING…

[esstentialsmen]

Remember in the United States it’s not how much you make - it’s how much you can keep. EA DAY…

[Manolo]

As a licensed CPA (and someone who works for a public accounting firm) this kind of wording is dangerous and can lead to others being mislead to believe they shouldn’t consult a CPA when filing taxes and that’s something that should be avoided. Remember it’s harder to become a CPA than an EA.

[nerdygiant]

EAs are great and CPAs are great. As a tax professional myself, I do think the knowledge you gain from other areas of accounting are just as essential to tax work when you're dealing with entities and not just individuals.

[jeremynicholson]

Like CPA’s don’t also study tax and tax law in undergrad and graduate school. They’re also tested on it on the CPA exam. A big 4 or any firm for that matter, looking for a Tax Associate is always going to choose CPA over an EA