1. Get a review course particularly for the Enrolled Agent Exam

The Special Enrollment Exam is really a tax-specific exam developed by the government. When you have a cpa background, it can be easy to think you’ll be able to skip purchasing any materials. However, tax accounting and financial accounting are a couple of different areas; you should 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 plus some changes. As legislative changes genuinely subsequently trickle on to the Enrolled Agent Exam, it’s imperative do you know what you’re gonna be tested on.

The EA Exam tests the first sort year’s tax laws. Ensure you buy a review course that updates with all the Enrolled Agent Exam.

3. Prioritize understanding the fundamentals

It’s simple to get enclosed in the complexness of tax laws, but keep in mind that the Special Enrollment Exam tests for any basic level of competency to represent taxpayers ahead of the IRS.

What this means is each part of the exam will cover taxation fundamentals and the most frequent tax issues. There could be some advanced topics thrown in the mix, but if you are 100% confident on fundamentals, you’re planning to pass test. You may also have the ability to use your fundamental knowledge to apply principles to more complex tax matters.

4. Memorize basic tax formulas

Similar to learning the fundamentals, you’re likely going to have to calculate many different basic tax numbers. To make intimidating computations a piece of cake, memorize the formats of basic tax calculations for individuals as well as other varieties of companies.

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

The Enrolled Agent Exam is timed, meaning you need to budget your time and efforts to complete the whole test inside allotted hours. Taking practice exams and learning how to do not is key; you need to consistently be checking the serious amounts of ensuring you’re on target to see every question. It’s also advisable to try and budget time towards the end for questions you skip, in addition to make a way of skipping.

It’s simple to get caught up on complicated calculation questions, and there’s a good chance you’ll come upon questions that are completely away from left field. As an alternative to spending additional time attempting to figure them out, skip and proceed to questions you do know. You can circle back as time allows.

During your practice exams, one factor Surgent exam coaches observe is the place where allowing a hardcore question to discourage you are able to lead to missing subsequent questions. Saving these frustrating questions for that end can prevent you a number of wrong answers. Your testing mindset is paramount to success!

Willing to start studying?

Just as one enrolled agent will improve your confidence as a tax professional, helping you prepare tax returns and represent taxpayers ahead of the IRS with conviction. Utilize these 5 good ideas , pass the EA Exam and acquire on your journey to your career as an EA.

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