dimanche 2 juillet 2017

Tips For Passing The Enrolled Tax Agent Exam

By Ruth Mitchell


A lot of entrepreneurs nowadays are not fully aware of what enrolled agents are or how they can help with business taxes. Basically, an enrolled agent or EA is a professional similar to tax lawyers and CPAs. In general, they can help you with your personal and business tax returns and can represent you 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 reviewing the examination on your own is not an effective approach, then you may consider enrolling to a review program. Fortunately, there are lots of review programs to choose from. The advantage of this program is that authors have already analyzed the previous test questions and have formulated effective study materials for you. It only means, you are paying for something that is important to your future.

You should always think like a knowledgeable examiner. Never lose sign of the main purpose of such examination. This is important to ensure that the applicant has shown a level of proficiency mandated to represent a taxpayer before the IRS. For this reason, assume that majority of questions on your exam is about the fundamentals of taxation.

It would be best to check the previous test questions as possible. This is often helpful for anyone to prioritize your studies because you will be starting to see the topics on the test. Keep in mind that the basic knowledge mandated for tax preparations as well as the client representation has not changed, only the formats,

Although enrolled agents are writing most of the questions nowadays, each question will mirror what they always deal in their daily practice. And keep in mind that they are likely to check the old tests when writing new questions. Most importantly, do not panic. Actually, there are lots of candidates who are anxious about some added topics.

Bear in mind that practice makes perfect. Many candidates do not take electronic exams. Anyone can actually take advantage of the advancements of technology. You can take a tutorial on the internet. Whatever you do, you can take the tutorial program several times prior to the actual date of your exam. Although things are different at the testing center, this can remove your anxiety beforehand.

Getting sufficient exercise, nutrition, and plenty of rest is important two weeks prior to the test. Avoid concentrating on the studies. Instead, check your notes to get ideas for the primary points of your exam. Avoid cramming a week before. A relaxed mind will surely put you at ease and help anyone focus on the test without distractions.




About the Author:



Aucun commentaire:

Enregistrer un commentaire