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.
The first step when preparing for any exam and not necessarily the EA test is to start early enough. There is absolutely no reason to start cramming at the last minute especially when preparing for a test covering something as hard as taxation. Starting preparation early will also help you avoid added anxiety on the examination day.
Another very important tip is to study past IRS exam papers. Although these may not represent the currents EA tests, they can be of great help to any student preparing to take Enrolled Agent Exams. You can download old tests from the IRS website.
In order to perform well in the exams, you also need to focus your studies to specific areas that are likely to be examined. Through the old IRS tests, you should be able to know which topics get examined the most and give them more time in your studies. Of course one or two new topics may come up in the exams but you need to get yourself familiar with the old format.
One reason why most candidates fail EA tests is because they schedule the exams too far in advance. This forces them to take the exams even if they are not fully prepared for it. Before you schedule an exam, you should remember that you only have four attempts per year to sit and pass any part of the examination. Because of this, it is highly recommended that you use practice simulations before scheduling your Enrolled Agent Examination.
Studying is a group may also help you. Through such groups, you will be able to interact with people who have lots of experience in when it comes to taxation matters. There are also classes offered by the National Association of Enrolled Agents.
As the exam date approaches, you will also need to dedicate more time to relax and unwind. This is not the time to start panicking or cramming. In fact, you should not cram when preparing for the test as it will prove counterproductive.
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.
The first step when preparing for any exam and not necessarily the EA test is to start early enough. There is absolutely no reason to start cramming at the last minute especially when preparing for a test covering something as hard as taxation. Starting preparation early will also help you avoid added anxiety on the examination day.
Another very important tip is to study past IRS exam papers. Although these may not represent the currents EA tests, they can be of great help to any student preparing to take Enrolled Agent Exams. You can download old tests from the IRS website.
In order to perform well in the exams, you also need to focus your studies to specific areas that are likely to be examined. Through the old IRS tests, you should be able to know which topics get examined the most and give them more time in your studies. Of course one or two new topics may come up in the exams but you need to get yourself familiar with the old format.
One reason why most candidates fail EA tests is because they schedule the exams too far in advance. This forces them to take the exams even if they are not fully prepared for it. Before you schedule an exam, you should remember that you only have four attempts per year to sit and pass any part of the examination. Because of this, it is highly recommended that you use practice simulations before scheduling your Enrolled Agent Examination.
Studying is a group may also help you. Through such groups, you will be able to interact with people who have lots of experience in when it comes to taxation matters. There are also classes offered by the National Association of Enrolled Agents.
As the exam date approaches, you will also need to dedicate more time to relax and unwind. This is not the time to start panicking or cramming. In fact, you should not cram when preparing for the test as it will prove counterproductive.
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.
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