Author
Ewan Morkel, EA
IRS Enrolled Agent and founder of Morkel Financial LLC, focused on helping small-business owners run the numbers — and the paperwork — on S-Corporation elections.
About Enrolled Agents
An Enrolled Agent (EA) is a federally-licensed tax practitioner empowered by the U.S. Department of the Treasury to represent taxpayers before the Internal Revenue Service. EAs are the only tax professionals — alongside CPAs and attorneys — granted unlimited representation rights by the IRS, covering audits, collections, and appeals in all 50 states.
The EA designation is earned by passing the three-part Special Enrollment Examination, which covers individual taxation, business taxation, and representation, practice, and procedures. EAs must complete continuing education every year to maintain the credential.
Areas of focus
The bulk of Ewan's work centers on the tax structure of small businesses — and in particular, the S-Corporation election. That includes:
- Timely and late S-Corp elections under Rev. Proc. 2013-30
- Preparing and filing IRS Form 2553 for LLCs and corporations
- Reasonable-compensation analysis for owner-employees
- Quarterly planning around the Social Security wage base
- Resolving notices, late-filing penalties, and missed election issues
Why EntityIQ
EntityIQ exists because the math behind an S-Corp election is unforgiving — get the numbers wrong by a few thousand dollars of reasonable compensation, or file Form 2553 a week late without the right reasonable-cause language, and the year is lost. The tools, calculators, and guides on this site are the same ones Ewan uses with clients in practice. They aim to give small-business owners enough information to make a decision, and enough infrastructure to act on it.
Disclaimer
The content on EntityIQ is educational and general in nature. It is not legal or tax advice and does not create an EA-client relationship. Tax outcomes depend on facts and circumstances that vary by entity. Before filing an S-Corp election or relying on any of the strategies discussed on this site, please consult a qualified Enrolled Agent, CPA, or tax attorney about your specific situation.