While enrolled agents play an important role in preparing business taxes among businesses, some entrepreneurs are still unaware of these professionals. Actually, an enrolled agent or EA is an expert similar to public accountants and tax attorneys. Generally, they are knowledgeable enough to handle the business and individual taxes and capable of representing a client before the IRS.
The credential of an EA is not considered as a certification. To become a professional EA, the person must pass first the IRS test that covers the business and individual tax returns, adheres the ethical standards and complete a continuing education every three years. However, studying for and passing the Enrolled Tax Agent exam can be a confusing task, but it does not mean passing it is impossible.
Also, there are certain things to put in mind just to pass the test. First, understand the rules of study. Basically, there are no shortcuts or magic tricks of passing the examination. You must think an organized approach and plan to study each part of the examination as possible. Take crucial notes that provide a reference to the tax laws for the provisions.
If taking the review on your own is not effective, then you may try taking a review course. Typically, lots of review courses are out there. The primary advantage of such course is that the authors have already analyzed the past examinations and have formulated the appropriate study materials. You will be paying for those approaches that are an advantage on your part.
Another factor to keep in mind is to always think positive. Do not forget the primary purpose of this exam. Actually, this is an essential aspect to consider to ensure that the candidate has show a unique competence required to represent taxpayers before the IRS. That is why, expect that most of the questions is all about the basics of taxation.
It is recommended to review the previous examination questions. This is actually helpful for you to consciously prioritize your studies because you will start to notice the topics that appear all the time on the test. Remember that the basic knowledge required for tax preparations and client representation has never changed, only the format of the test has been changed.
Although an enrolled agent will be writing during the test, questions will often mirror what you are dealing on the everyday practice. Remember that they are likely to check the previous questions when making the questions. Another tip is to never get panic. Candidates who are anxious usually fail.
Keep in mind that practicing is important to improve your knowledge and skills. Some candidates do not consider electronic exams. But this is actually an advantage, especially that the technology is advancing every day. You may consider an online tutorial before the schedule of your test. Though things are not the same at the testing centers, this can somehow remove your anxieties ahead of time.
Most importantly, get plenty of rest, nutrition, and exercise two weeks before the test. Avoid focusing on your studies. Instead, review your personal notes to get a feel for the main points of the exam. Do not cram in the last two weeks. As you can see, a confident and relaxed attitude will put you at ease and help you focus on the examination without worrying and distractions.
The credential of an EA is not considered as a certification. To become a professional EA, the person must pass first the IRS test that covers the business and individual tax returns, adheres the ethical standards and complete a continuing education every three years. However, studying for and passing the Enrolled Tax Agent exam can be a confusing task, but it does not mean passing it is impossible.
Also, there are certain things to put in mind just to pass the test. First, understand the rules of study. Basically, there are no shortcuts or magic tricks of passing the examination. You must think an organized approach and plan to study each part of the examination as possible. Take crucial notes that provide a reference to the tax laws for the provisions.
If taking the review on your own is not effective, then you may try taking a review course. Typically, lots of review courses are out there. The primary advantage of such course is that the authors have already analyzed the past examinations and have formulated the appropriate study materials. You will be paying for those approaches that are an advantage on your part.
Another factor to keep in mind is to always think positive. Do not forget the primary purpose of this exam. Actually, this is an essential aspect to consider to ensure that the candidate has show a unique competence required to represent taxpayers before the IRS. That is why, expect that most of the questions is all about the basics of taxation.
It is recommended to review the previous examination questions. This is actually helpful for you to consciously prioritize your studies because you will start to notice the topics that appear all the time on the test. Remember that the basic knowledge required for tax preparations and client representation has never changed, only the format of the test has been changed.
Although an enrolled agent will be writing during the test, questions will often mirror what you are dealing on the everyday practice. Remember that they are likely to check the previous questions when making the questions. Another tip is to never get panic. Candidates who are anxious usually fail.
Keep in mind that practicing is important to improve your knowledge and skills. Some candidates do not consider electronic exams. But this is actually an advantage, especially that the technology is advancing every day. You may consider an online tutorial before the schedule of your test. Though things are not the same at the testing centers, this can somehow remove your anxieties ahead of time.
Most importantly, get plenty of rest, nutrition, and exercise two weeks before the test. Avoid focusing on your studies. Instead, review your personal notes to get a feel for the main points of the exam. Do not cram in the last two weeks. As you can see, a confident and relaxed attitude will put you at ease and help you focus on the examination without worrying and distractions.
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This article is very informative and helpful. Thank you for sharing!
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