About Joseph Hanson
Along with being an attorney, Joseph is an Enrolled Agent licensed to practice tax law before the IRS in any jurisdiction, he has also earned his Series 7 and Series 66 licenses through FINRA. He has taught as an adjunct professor in the college of business at ORU and presents as an expert on tax and estate planning issues to other professionals through continuing education courses. He works as an advisor to financial professionals and attorneys to develop wealth protection & growth strategies for their clients involving: tax implications from settlements, dissolution of partnerships, dissolution of marriage, blended families, entity formation tax consequences, wealth transfer tax avoidance and more. Joseph is married to Ali, who is a small business owner of a local Tulsa company, Alimade foods and is a father to 7 Children. He serves on the Oklahoma Bar Association Lawyers Helping Lawyers Committee, and serves on the governance committee for the Tulsa Latin American Chamber of Commerce. In the spare time that he has, he serves his church in recovery ministry for men dealing with the ups and downs of life.
What is an Enrolled Agent
An Enrolled Agent (or EA) is a tax advisor who is a federally authorized tax practitioner empowered by the U.S. Department of the Treasury. EAs represent taxpayers before the Internal Revenue Service (IRS) for tax issues including audits, collections and appeals. EAs can also advise on all tax matters and prepare tax returns and forms.
EA status is the highest credential awarded by the IRS. The EA credential is recognized across all U.S. States and Territories. Attorneys and certified public accountants (CPAs) are licensed on a state by state basis, whereas EAs are federally licensed. Unlike attorneys or CPAs, EAs only practice tax, whereas CPAs and Attorneys may not specialize in tax. According to the National Association of Enrolled Agents, there are approximately 53,000 practicing EAs in the United States.
In order To become an enrolled agent, an applicant must achieve passing scores on all three parts of the Special Enrollment Examination (SEE), which covers many aspects of the Internal Revenue Code (IRC), or must have worked at the IRS for five consecutive years in a position which regularly engaged in applying and interpreting the provisions of the IRC and the regulations relating to income, estate, gift, employment, or excise taxes.
Financial advisor and attorney, Joseph Hanson, being interviewed on ABC news regarding the oil industry and its effects on the Tulsa economy.