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Tax Basics

What is CPA (Certified Public Accountant)?

A state-licensed accounting professional who has passed the CPA exam and can provide tax, audit, and advisory services.

Definition

A Certified Public Accountant (CPA) is an accounting professional licensed by a state board of accountancy who has passed the Uniform CPA Examination and met education and experience requirements. CPAs can provide tax preparation, auditing, financial planning, and advisory services. Unlike Enrolled Agents who specialize in taxation, CPAs have broader credentials covering accounting and auditing. For cross-border tax situations, finding a CPA with international tax experience is essential.

Who Needs to Know This?

Individuals and businesses needing tax preparation, accounting, auditing, or financial advisory services. For complex cross-border situations, seek CPAs with international tax specialization.

Key Deadline

N/A - this is a credential type

Related Forms

Form 2848 (Power of Attorney)

Common Mistakes to Avoid

  • 1Assuming all CPAs specialize in international tax
  • 2Not verifying CPA license is current and in good standing
  • 3Confusing CPA with EA credentials
  • 4Not ensuring your CPA has cross-border experience for expat returns

Related Terms

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    CPA vs EA: Which Tax Professional Do You Need? | Zenith Financial | Zenith Financial Advisors