Enrolled Agent Exam Review Course

Discussion forums are available within the Enrolled Agent Exam Preparation. Our “Student Course Forum” is available to chat with other students in the same course and our “General Student Forum” is available to chat with students in all courses.

• Our bilingual staff is ready to help with any questions you may have.
• Once you have taken and passed one exam, you have two years to pass the other two parts.
• His background in tax accounting has served as a solid base supporting his current book of business.
• Agents must have an in-depth knowledge of IRS requirements, documentation, and paperwork.
• Paper, pencils, and a calculator will be provided at the examination site.
• The exam is administered through Prometric and is only offered from May 1 to Feb. 28 of the following year.

If you are in these states, you may need to sit the test in an adjacent state or contact prometric to cancel your exam until test centers become available in your area. Test takers familiar with 2020 tax law will want to brush up on essential developments impacting 2021 individual and business tax returns. The exam is administered by the testing company Prometric at testing centers throughout the United States and many other countries around the world. PassKey Learning Systems provides a complete study program to help you learn and understand the key concepts you need to know to pass the EA exam. These hours are included in the total time chart above, so you should aim to complete all of your review material at least one week before your exam. This is when you touch up on topics you haven’t practiced in a while or might still be struggling with.

Are There Specific Test Dates For The Enrolled Agent Exam?

The Enrolled Agent credential is nationally recognized, as they are federally authorized by the IRS to practice in any state. Interestingly, CPAs have to be licensed separately in each state they wish to practice in. • 4 live, 4-hour, hands-on exam-taking sessions per exam part to teach you the tricks and tips on answering the questions during the exam – even if you have never seen that topic before. • For returning students , there is a small fee for the CE – but they are welcome to return each year at no charge. Being an EA is about more than having a certificate on your wall. It means that you have demonstrated the knowledge and ability that establishes you as top rated in your field.

Apply for enrollment by filling out IRS Form 23 and paying an enrollment fee. Enrolled agents must renew their certification with the IRS every three years. Each EA’s renewal year is determined by the last digit of their Social Security number. Agents can file their renewal applications online or on paper. The credit limitation for small employer pension plan start-up costs increased to a maximum of $5,000. Section 72 is amended to allow for up to $5,000 in penalty-free withdrawals from retirement plans for individuals in case of birth of child or adoption.

There is no requirement to take all three sections at one time. Being an enrolled agent gives you access to a complicated practice. Agents must have an in-depth knowledge of IRS requirements, documentation, and paperwork. As long as you are preparing for and taking the EA exam section for which you purchased the Gleim Premium EA Review System, we will ensure that you have Access Until You Pass®.

Access Until You Pass®️

An individual with 5 years of relevant employment with the IRS may apply for enrollment to become tax agent without taking the exam. Eva is training a new breed of tax professionals to pass the annual Internal https://www.bookstime.com/ Revenue Service license examinations. TaxMama’s® tax professionals learn to understand and serve small businesses and accounting firms. Part 1 covers individual taxes including estate and gift tax.

For EA exam candidates with major commitments to work and family, knowing the difficulty level of the EA exam (officially known as the IRS Special Enrollment Exam ) is very important. CSEA partners with Gleim to offer CSEA Members a 10% discount on Gleim’s EA, CPA, CMA or CIA review Systems (per part and/or full sets) and our continuing education packages . After you have taken a practice exam, you may still need to study further. Here’s how to read the simulated practice exam momentum meter… Each provides four options from which you choose your answer.

Just bring your headset with mic so you can join in the conversation. Plan of Study- Plan and manage your study time and schedule and avoid burnout using these guides with detailed assignments and time allocations. An enrolled agent is a tax practitioner with technical expertise in taxation. However, I have taken specific steps so I can provide an objective analysis. As a result, I can help you prepare effectively for the EA exam.

What Being An Ea Means

Plus, once you become an EA, your credential is valid in all 50 states. Consider bringing your own soft ear plugs or use the test center-provided sound dampening ear phones to decrease distractions during the test. Most locations are open on Saturdays and some locations are open on Sundays and evenings.

Enrolled agents are generally employed by businesses specializing in tax return preparation or the handling of income tax disputes. Unlike seasonal employees of tax preparation businesses, enrolled agents are usually employed year-round. However, enrolled agents can work anywhere their services are necessary. Some work for the government, while others are employed by high-net-worth individuals. Banks, non-profit organizations, law firms, and investment companies may all hire enrolled agents. Enrolled agents may even operate their own tax preparation businesses, where they will help clients with their needs on a first-come, first-served basis.

Register For Individual Exam Sections

TaxMama® Eva Rosenberg’s bestselling book, Small Business Taxes Made Easy, is included in the price of registration along with Fast Forward Academy and the TaxBook software and guides. • No other course provides you with so many continuing education credits. TaxMama® provides up to 80 CE credits per year for current year students. The knowledge you obtain from studying for the test and maintaining your license will give you the ability to prepare more complicated returns. This will expand your client base helping you to generate more income. Enrolled agents must obtain 72 hours of continuing education every three years.

On the EA exam, candidates have 3.5 hours to answer 100 MCQs. In contrast, the REG exam requires candidates to complete 76 MCQs and 8 TBSs within 4 hours. When these readers compared theCPA REG exam sectionto the EA exam, most of them agreed that the EA exam went deeper into the material.

Get Started Today! Choose Your Pathway To Becoming An Ea

Prometric waived all cancellation and rescheduling fees for the EA exam due to the COVID-19 pandemic. After enduring a month long delay from May to June 2020, most EA candidates were able to sit for the Special Enrollment Examination.

• You will be given your score right after you complete each part of the exam.
• The certificate of completion can be printed by the student within the course and is also emailed to the student immediately following the successful completion of the course.
• Those who fail receive a score along with a diagnostic report indicating the areas of weakness.
• Prometric test centers and staff will comply with local, state and federal regulations and guidelines to safeguard the health and well-being of test takers and staff.
• The demand for enrolled agents and tax examiners overall is expected to decline by 4% by the end of the decade.

In very limited situations such as death of the candidate or accidentally signing up for the examination twice for the same date and time, refunds will be considered. Allow sufficient time for travel, parking, locating the test center, and checking in. All international testing information is subject to change in the interest of ensuring the health, safety, and well-being of SEE candidates and Prometric test center staff. EA certification opens up many more areas of practice to you, thus increasing your opportunities for client engagements and billable hours. If you are not completely satisfied with our course, we will offer you a full refund within thirty days of purchasing.

All candidates are subjected to a rigorous background check conducted by the IRS. All candidates must also have a PTIN prior to the three part exam.

If you are behind or think you need more time, you can reschedule your exam as long as you do so at least five days before your current exam date. If you find one of these formats more challenging while you are studying and taking practice exams, you should spend additional time to improve your enrolled agent exam chances of doing well on the test. An enrolled agent candidate can expect to study anywhere from hours per examination section. This means you will most likely study for over 200 hours when all is said and done. There is no fee to reschedule if done at least 30 days prior to the exam date.

Cia Courses

If you are unable to get a CPA, an EA will give you the same representation before the IRS. You will be able to handle a variety of tax matters and represent any taxpayer in any state. Over 1,000 Pages of Detailed Study Notes- Clear explanations, numerous examples, and effective study tools and exam-taking tips that prepare you to pass the exam the first time.

What Does The Special Enrollment Exam Cover?

But what’s most appealing about this new package is their Ultimate Customer Support and EA Exam Expert access. With these two additions, you can now receive hands-on instruction equivalent to your own private tutor. You will be given your score right after you complete each part of the exam. The actual seat time is 4 hours to allow for a tutorial and survey. However, statistically, the business section of the exam is the most difficult, with only about a 60% average passing rate. If you fail, you will be told your score, as well as diagnostic information to help you prepare for your next attempt. If you pass, you will be told only that you passed and not given your score.

Various COVID-19 provisions to the tax code will be tested starting May 1st 2021. You should decide roughly when you’d like to pass so that you have a framework for building your study plan.