EA Exam Preparation Course
Special Enrollment Exam Prep Course
An Enrolled Agent is a tax professional who has demonstrated competence in tax preparation and representation matters. Enrolled Agents generally have unlimited practice rights, meaning they can represent any taxpayer regarding any tax matter before any IRS office.
If you are a tax specialist looking to add a credential, you might want to consider becoming an EA - Enrolled Agent. EA is the highest credential awarded by the IRS acknowledging your skills and knowledge as a tax expert.
Unlike the CPA exam, one can become an Enrolled Agent with comparatively relaxed educational requirements. This does not make the EA exam any easy. One must be competent enough in tax matters in addition to passing three exam parts to ensure that the Special Enrollment Examination (SEE) accurately reflects the skills and knowledge necessary to become an IRS Enrolled Agent.
For EA Exam Preparation?
We have got the right training tools to focus on the right content to prepare you for the 3-part IRS Special Enrollment Examination, which includes: 1) Part 1 - Individuals, 2) Part 2 - Businesses, and 3) Part 3 - Representation, Practices, and Procedures. Here are a few of the many EA exam preparation benefits at Phoenix:
- 100+ hours of Live online classroom training from industry experts
- Online and Offline classroom (Ahmedabad)
- Surgent Review course with 96% pass rate
- Textbooks
- 1800+ Multiple Choice Questions
- Up-to-date IRS Publications
- Unlimited Practice Exams
To Become an EA
- Obtain a Preparer Tax Identification Number;
- Apply to take the Special Enrollment Examination (SEE);
- Achieve passing scores on all 3 parts of the SEE;
- Apply for enrollment; and
- Pass a suitability check, which will include tax compliance to ensure that you have filed all necessary tax returns and there are no outstanding tax liabilities; and criminal background
Certain former IRS employees, by virtue of past technical experience, may be exempt from the exam requirement.
Circular 230 specifies that such applicants “must have been regularly engaged in applying and interpreting the provisions of the Internal Revenue Code and the regulations relating to income, estate, gift, employment, or excise taxes.”
In general, the experience must include at least five years in one of these taxpayer-facing field positions: appeals officer, special agent, revenue officer, revenue agent, tax specialist, tax law specialist, or settlement officer. Three of the five qualifying years must have occurred within the last five years prior to separation from the IRS.
For an Enroll Agent
When you become an enrolled agent, you can determine how you want to define your practice. You might focus on certain industries or demographics, for instance. Some have a policy to only work on specific sorts of audits, or tax returns that involve certain amounts. Since EAs specialize in taxation - their assistance is sought by CPAs or attorneys whose clients need EAs specialized skills.
Some possible work environments include:
- Accounting firms
- Law firms
- Banks
- Corporations – in-house accounting departments
- Investment banking
- State or municipal revenue departments
- Private practice performing audits in the field
One can also choose private practice and help individuals with their filings, structure trusts and estates alongside an attorney, or work with a variety of small corporations and LLCs.
Special Enrollment Examination
- Individual
- Businesses
- Representation, Practices & Procedures
- Preliminary Work with Taxpayer Data - 17 questions
- Income and Assets - 21 questions
- Deductions and Credits - 21 questions
- Taxation and Advice - 14 questions
- Specialized Returns for Individuals – 12questions
- Business Entities – 28 questions
- Business Financial Information – 39 questions
- Specialized Returns and Taxpayers Individuals – 18 questions
- Practices and Procedures – 25 questions
- Representation before the IRS – 24 questions
- Specific Types of Representation – 19 questions
- Filing Process – 17 questions