An Enrolled Agent (EA) is the only federally licensed tax practitioner specializing in all areas of taxation. Enrolled Agents represent taxpayers before the Internal Revenue Service (IRS) for tax issues, including audits, collections and appeals.
EA contains 3 parts
You can take all 3 together but it is suggested to go for 1 paper compared to three at a time.
Each paper can be taken 3 times in a year
It is best if you take assistance in the form of a coaching class than going for self-preparation because coaching classes help you to cover the topic in detail and gives a lot of practical examples to ensure
that you are well prepared for the exams.
Simandhar Education is one of the best coaching institute based in Hyderabad that impacts some quality education for aspirants who wish to become EAs. Do
visit there website
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The enrolled agent training includes IRS regulations, tax law related matters, and various situations related to the taxpayer. And most importantly, how the best and most effective outcome could be obtained for the taxpayer.
No, It is suggested to take 1 paper at a time.
Because of covid19 pandemic issues exams are conducted in AUG & NOV’2020.
Yes EA exams are conducted in India in all the metro cities for further information find the below link
Click Here
It should be completed within 2years from the date of completion of the first exam.
The IRS selected Prometric to develop and administer the EA exam. The Exam Content Outlines (ECOs) and test questions were developed based on the survey's findings. The different parts of the exam can be taken in any order. Each year, some changes should be expected from prior examinations as emphasis shifts based on subsequent findings and since tax laws are passed or repealed.
The only requirement is that applicants must pass all three sections in order to earn the EA certification. Prometric maintains a website where candidates can learn more about the SEE and register for the test.
There is a $182.00 fee per part paid at the time of appointment scheduling. The test fee is non-refundable and non-transferable.
There isn't any particular educational or experience requirement for the exam. However, candidates should be proficient in answering income and tax accounting questions.
Examination:
You need to pass all three exam parts within a period of 2 years. You must have a Preparer Tax Identification Number (PTIN) renewed within the last year in order to register for the examination successfully.
Ethics:
You need to pass a suitability check which includes both a tax compliance check and a criminal background check. In order to maintain your designation, you would need to complete 2 hours of ethics continuing professional education each year after you pass your exam.
Practice before the IRS includes all matters related to presentations for the IRS, regarding client's rights, privileges and liability under laws and regulations that are administered by the IRS.
Yes, EA exams are conducted in India in all the metro cities and for further information, find the below link. Click Here
PTIN stands for the Preparer tax identification number. It can be applied at any time during the year and should be renewed every year.
All those who have completed +2 are eligible to enroll in the EA course.
Each part contains 100 MCQ’s with a duration of 3.5 hours and there is a 15min break after completing 1 section (i.e., after completing 50 MCQ’s) Results are announced immediately once the exam gets over and students can take the printout of their results.
203$ per part
30$ (application fee needs to be paid after clearing 3 papers in EA)
The primary role of an enrolled agent is to deal with every kind of taxation affair. They can also represent taxpayers before the IRS (Internal Revenue Services). Yes, it’s a globally recognized course having opportunities in all the US-based MNC’s.
If you wish to get into taxation that represents people before IRS, you could very well consider doing an EA course. Ideally, it will prove beneficial for aspirants who wish to get into US taxation. If you wish to pursue a career in the US, then EA is the way to go forward.
The exam window is from May 1 to February 28 of the following year. The test is not offered during the annual blackout period in March and April. During this time the test is updated for the most recent tax law.
Your examination appointment must be scheduled within one year of the date of registration. If space permits, you may register and schedule up to 2 days prior to your test date.
Part | 2017-2018 | 2018-2019 | 2019-2020 |
---|---|---|---|
Part 1: Individuals | 61% | 62% | 61% |
Part 2: Businesses | 64% | 69% | 70% |
Part 3: Representation, Practices and Procedures | 86% | 86% | 81% |
Simandhar Education provides you with access to Live Interactive classes from anywhere in the world and provides the facility to access recorded videos for students who seek to revisit the material taught.
The reasons behind "How Simandhar Education different from other Institutes" are:
Simandhar Education has corporate tie-ups with Invesco, EY, Citrin Cooperman, etc.
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