1. Get yourself a review course designed for the Enrolled Agent Exam

The Special Enrollment Exam is a tax-specific exam produced by the internal revenue service. In case you have a cpa background, it can be simple to think you are able to skip purchasing any materials. However, tax accounting and financial accounting are a couple of different areas; you need to dig further into tax topics than your college courses.

2. Be familiar with any new material

The tax law and IRS publications change constantly; some changes are subtle and a few changes. As legislative changes honestly subsequently trickle into the Enrolled Agent Exam, it’s imperative do you know what you’re destined to be tested on.

The EA Exam tests the prior year’s tax laws. Make sure you buy a review course that updates together with the Enrolled Agent Exam.

3. Prioritize comprehending the fundamentals

It’s an easy task to get obsessed with the complexness of tax laws, but keep in mind that the Special Enrollment Exam tests for a basic level of competency to represent taxpayers prior to IRS.

This implies each section of the exam covers taxation fundamentals as well as the most typical tax issues. There might be some advanced topics thrown to the mix, but if you are 100% confident on fundamentals, you’re gonna pass test. Maybe you might even manage to takes place fundamental knowledge to make use of principles to more technical tax matters.

4. Memorize basic tax formulas

Much like learning the fundamentals, you’re likely going to have to calculate a number of basic tax numbers. To generate intimidating computations very simple, memorize the formats of basic tax calculations for individuals as well as other varieties of businesses.

5. Learn how to budget your time (and know when you skip questions)

The Enrolled Agent Exam is timed, meaning you’ll want to budget your time to complete the whole test within the allotted hours. Taking practice exams and learning how to pace yourself is key; you ought to consistently be examining the serious amounts of ensuring you’re on the right track to view every question. You should also try to budget time by the end for questions you skip, along with make a technique of skipping.

It’s very easy to get up to date on complicated calculation questions, and there’s a good venture you’ll encounter questions which are completely out of left field. As opposed to spending additional time wanting to figure them out, skip and proceed to questions you do know. You’ll be able to circle back as time allows.

During your practice exams, one factor Surgent exam coaches observe is when allowing a difficult question to discourage you are able to result in missing subsequent questions. Saving these frustrating questions for the end can prevent you some wrong answers. Your testing mindset is paramount to success!

Ready to start studying?

Just as one enrolled agent will supercharge your confidence being a tax professional, helping you prepare taxation statements and represent taxpayers ahead of the IRS with conviction. Use these 5 guidelines to help you pass the EA Exam and obtain on your journey to your work as an EA.

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