While it is not mandatory for all tax practitioners in the US to be Enrolled Agents, there are lots of benefits that usually come with being an Enrolled Agent. As such, most tax practitioners in America today would want to be Enrolled Agent. However, before you can acquire the EA status, there are special exams that you will be required to pass. In order to pass these exams, you need to prepare adequately for them. Below are a few guidelines to help you prepare for your upcoming EA exam.
If you want to score well in your Enrolled Agent Exam, it is very important that you start the preparation process early enough and be consistent with your study schedule. In other words, you should allow yourself sufficient time to truly learn the material and choose days that you can devote a few hours of your time for studies without distractions. Of course your study duration will be based on your overall experience and your comfort with the questions that appear on the examination papers. However, you should start the preparation process at least two months to the test date.
EA tests are normally very comprehensive and test a lot of conceptual and computational mastery of issues relevant to taxation. There are also lots of material covered in the exams. As such, the surest way to perform well is practice using past papers. This way, you will get familiar with the questions that you are likely to face in the main exam.
During your studies, it is also important to give more attention to the key topics. Of course everything you learn as tax expert is very important. However, not all this knowledge will be examined. Because of this, you need to know how to identify topics that are most examined and focus more on them. This information you can find from past IRS tests or even from the internet.
When it comes to choosing test date and site, it is very important that you choose date and site that will be convenient for you. There are EA test sites throughout the US and all over the world. As such, there is no need for you to travel long distance just to sit the examination. Registering for EA tests can cost anything from 100 dollars to 300 dollars. Because of this, failing the test can prove to be very costly.
If you really want to perform well in these exams, you should also find a study group. Study groups usually make studying more collaborative and also interactive. Through your study group, you will be able to learn how to effectively prepare for these exams; this might not be the case if you are to study on your own.
You should also avoid over reading in the run in to the test. As the exam approaches, you just need to be relaxed and go through all past papers that you have. Otherwise, if you resort cramming at this moment, you are likely to forget everything that you learnt in the past.
It is true that EA tests are not all that easy. However, if you prepare well, you should be able to perform well. Conversely, if you are not fully prepared for the test, you will obviously fail.
If you want to score well in your Enrolled Agent Exam, it is very important that you start the preparation process early enough and be consistent with your study schedule. In other words, you should allow yourself sufficient time to truly learn the material and choose days that you can devote a few hours of your time for studies without distractions. Of course your study duration will be based on your overall experience and your comfort with the questions that appear on the examination papers. However, you should start the preparation process at least two months to the test date.
EA tests are normally very comprehensive and test a lot of conceptual and computational mastery of issues relevant to taxation. There are also lots of material covered in the exams. As such, the surest way to perform well is practice using past papers. This way, you will get familiar with the questions that you are likely to face in the main exam.
During your studies, it is also important to give more attention to the key topics. Of course everything you learn as tax expert is very important. However, not all this knowledge will be examined. Because of this, you need to know how to identify topics that are most examined and focus more on them. This information you can find from past IRS tests or even from the internet.
When it comes to choosing test date and site, it is very important that you choose date and site that will be convenient for you. There are EA test sites throughout the US and all over the world. As such, there is no need for you to travel long distance just to sit the examination. Registering for EA tests can cost anything from 100 dollars to 300 dollars. Because of this, failing the test can prove to be very costly.
If you really want to perform well in these exams, you should also find a study group. Study groups usually make studying more collaborative and also interactive. Through your study group, you will be able to learn how to effectively prepare for these exams; this might not be the case if you are to study on your own.
You should also avoid over reading in the run in to the test. As the exam approaches, you just need to be relaxed and go through all past papers that you have. Otherwise, if you resort cramming at this moment, you are likely to forget everything that you learnt in the past.
It is true that EA tests are not all that easy. However, if you prepare well, you should be able to perform well. Conversely, if you are not fully prepared for the test, you will obviously fail.