enrolled agent course

Why After Tax Season is the Perfect Time to Study for the Enrolled Agent Exam?

Have been considering becoming an enrolled agent?

This is for you!

 If you are ready to take your career to the next level and not sure where and when to start? You are in luck, we will help you!

April 15th is a great event for tax experts in the US. This often means the end of a crisis and a busy season that lasted several months. This date is the deadline for managing your tax concerns which was set by the IRS in America. April 15 is usually a major milestone, with the weeks following being spent relaxing, resting, or returning to a hobby.

After this your tax software gets shut down, your computer has been shut down, and after months of tax filing, you can finally enjoy a well-deserved vacation. Now seems to be the best time for a family vacation or a weekend getaway, maybe you are right. But before you take off your clothes and start cheering, let me tell you why now is the best time to start preparing for the registered agent exam.  Who wants to study taxes right away after tax season?

Not sure if a registered agent is right for you? Let’s take a look at the main reasons why you should start preparing for the registration agent exam as soon as possible.

Most likely, after a long working season, learning is the last thing you want to do. But what if we told you that if you start around this time, you can almost guarantee to earn your enrolled agent credential before next financial season? What if I also say that you can start with 30 minutes a day? Or you can be a certified EA with the help of 3 months of comprehensive enrolled agent training course in Hyderabad.

Year after year, students come to iLead enrolled agent training institute in Hyderabad to prepare for their EA exams, and the first thing we always ask is “Why now?” Most of the test candidates have worked in the tax field for many years, why is it just now that they are starting the process of earning EA credential. The most common answer we got is “I have never found time”.    

This answer can be confusing because the time it takes to prepare for the EA exam can be incredibly manageable. These tax professionals may have had their own EA several years ago and could use it to increase their income potential and offer new services to their clients year-round. Or else you can also start as a fresher where you don’t need any accounting background. Taking the step forward to take the EA exam takes commitment, no doubt about it.

But the actual training time may be much shorter than you think. At iLead Tax Academy, we have found that by providing accurate and targeted material, students can often complete each part within less time with the help of instructions. With an EA-expert guided US taxation course you can be acknowledged with all the key concepts and tax laws. Depending on your experience, this may take even less time.

Go ahead, open your calendar, and scroll forward four months. If you start now, your finger should land sometime in November. Add or take a month or two for the final eligibility check and you might get EA status and have plenty of time before tax season starts!

You, because you have a huge advantage! If you still have something to spare, working towards the Enrolled Agent Exam now can help you succeed and increase your income for the rest of your career. Taking the Enrolled Agent Exam throughout the year is the best way to cut down on your research and get paid faster.

Reasons Why You Should Study for Enrolled Agents after Tax Season?    

The most recent tax laws are considered

There is a reason the enrolled agent exam is not usually offered during March & April. While tax preparers are working so hard to serve their clients, the IRS and Prometric are working hard to update the exam to reflect the latest tax laws.

Tax laws that were in effect until December 31 of last year will become verifiable in May next year. This means that you must strive to pass all three parts of the EA exam within one year to be tested under the same tax laws.

As a tax preparer, you have just finished working with this version of tax law for the tax season. You will know all the subtleties and context for any new (for you) information that you learn.

Since you will already begin your studies with more knowledge, you will be able to learn faster and more efficiently. If you then take an adaptive EA course, it can mean significantly less training time and faster certification as an agent!

The EA Exam preparation is a bit more flexible with adaptive learning

While the average EA candidate might not spend more than 2 hours a day preparing for the Enrolled Agent exam, if you’re already used to working long hours, finding time to study will become easier. In fact, it alleviates the fears of many candidates about when they will go to study. By looking at your schedule during peak season, you can see what is available for you to study.

Waiting to start school until you adjust to your normal routine can be dangerous because it is difficult to see the points in your daily schedule that you can change. It’s one thing to have time “freely available” and just do something. Another is to get it before you can start.

 If you’re filling your free time with personal and professional commitments, it’s easy to put off your studies for another week, month, or year. Of course, preparation for the Enrolled Agent exam is a bit more flexible than working during tax season.

There would never be a time when you are not busy  

Because spring is so hectic, many tax inspectors see this as their only busy season, when in fact they are busy all year round.

The later you wait to get started, the higher the risk that you will have to go through another tax season without your registered agent certification and have to wait until tax season to pass the exam. Candidates for the Enrolled Agents exam have two years to pass all three parts of the exam, so a long break also means you risk losing points for sections you may have already passed!

Study Smarter    

Regardless of when you start your studies, you will need to get the most out of every minute. By choosing the best exam preparation course, you can study more effectively and become an expert faster!

With the largest and most realistic bank of EA exam quality test questions combined with our expertise, the iLead’s online enrolled agent training course is designed to help every registered agent candidate pass the exam the first time.

Are you ready to earn your enrolled agent credential? We’re here to help you with interactive training and with the real-time learning experience that you won’t find anywhere else. Practice and pass your SEE exams today with our industry-leading EA expert .

How to Take the Enrolled Agent Exam? Opportunities for Enrolled Agents At Big 4!

When preparing for the Registered Agent exam, one of the decisions you have to make is in what order you would take the exam. The exam sections are not taken in any order, so it can be difficult to decide, and it can even be more difficult to know what to do if you have to choose one.

Don’t worry, we have got you covered. Here are the leading enrolled agent training  institute in Hyderabad-iLead’s recommendations for taking the exam (we recommend them all, of course), but it is important to consider the exam curriculum and what is best for your personal experience. You can see a breakdown of each exam section and the content of the topics you will see in the following exam sections.

Usually, Special Enrolled Agent Exam consists of 3 parts:

  • Individuals
  • Business
  • Representation, Practices, & Procedures

Part 1—Individuals

We suggest starting with Part 1, as it is based on individual tax returns and relates to the work you have done as a tax preparer.

Part 3—Representation, Practices, & Procedures

As soon as you have passed the first part, we recommend that you start studying for the third part. On the basis of Circular 230, which regulates and documents the enemies and ethical behavior of tax preparers, you have some knowledge that needs to be fine-tuned.

Part 2—Businesses

We propose that you serve this part last, as it is the most time-consuming and, according to reports, the most difficult section. Part two of the EA audit focuses on corporate taxation and complicated individual tax returns.

The test consists of three parts, and they are not equally difficult. In fact, part two takes up about 50% of the study time and requires even more. If you go through the simpler and less time-consuming sections in this way, you will have more time to concentrate and less worry about blending into other exams.  

You can try our Enrolled agent exam prep  and stay-up-to-date on all the latest updates about US taxation course, and know how we are continually improving our course ciriculum to help accounting aspirants  to excel in SEE exam and advance your careers in taxation.

Opportunities for Enrolled Agents At Big 4!

The big 4 accounting companies employ registered EAs in multiple functions. They seem to recognize the value of a CPA and use registered agents to be better positioned to take advantage of the strengths of the EA designation.    

Registered agents have a few advantages that apply to all audit firms, and the big 4 audit firms are not exempt from these advantages. Enrolled agents are:

  • Tax specialists
  • Can practice US tax in all 50 states
  • Carry the same authorization to practice as a tax attorney or CPA.
  • Can also prepare taxes for international clients.

In addition to these considerations, registered agents offer significant value to accounting firms outside the Big Four. Compared to a CPA, appointing a registered agent is cheaper and quicker, and does not have the CPA’s steep training and experience requirements. Preparation of taxes for international clients who file in the U.S.

It is true that the CPA earns more than the trade-in registered agents, but the EAs require lower costs to obtain them. EAs do not have the same state and court requirements, which reduces the regulatory burden on CPA companies. In short, hiring EAs in tax-focused positions enables companies to save money.    

What job opportunities do enrolled agents have at the Big 4?

The Big 4 can hire agents for a variety of positions.

  • Tax manager
  • International tax manager
  • Tax specialists
  • Senior associates in tax service divisions

 Many of these positions require training that goes beyond the requirements set by the IRS, even if they do not require accounting or tax clearance. This makes Enrolled Agent an excellent name for a career professional, not only because of the high-level accounting courses required by the IRS but also because it provides excellent professional experience.

Advance your career as an Enrolled agent

As an Enrolled Agent enjoy:

  • Higher earning potential
  • More career opportunities
  • Increased recognition

For every agent enrolled in the Big 4, there is a job. Admission to the tax specialists shows that you are motivated to obtain the title of a tax specialist. In addition, registered agents have weight with the IRS, and as registered agents, you can be sure that they are valuable.

Accounting professionals will find an increased value in becoming registered agents. A registered agent is an affordable term that demonstrates competence and drives you to succeed – whether it’s increasing the number of clients you serve, gaining a leg up in a tax area, or adding new designations to your already impressive list. Higher tax expertise provides new career opportunities, and a new designation shows your desire to learn and grow in the industry.

  • CPAs have more privileges in tax preparation, representation, and specialization.
  • CIA’s acquire new expertise and tax knowledge, which is particularly valuable in auditing.
  • CMAs also open the door to tax management and director positions.

Enrolled Agent Exam Cost  

The enrolled Agent Exam consists of 3 parts. Part I is $18,497 for a total of $55,491. There is also a CPA State Board that awards CPAs recognition for passing the exam.

    This is where the value of the EA verification system comes into play. Working with a good rating provider means you save money and time when you go through this part the first time. At the end of the day, you will spend $58,491 on the exam fees to take the EA exam, provided you pass the first time. The IRS charges a $30 fee to complete the enrollment process. In addition, the Registered Agent designation is affordable and does not require specialized training.

You will spend less time studying for the EA exam, but you will need a verification system to stay up to date with the latest tax laws. The audit focuses on tax issues, which vary from year to year, and from the tax laws.

Start the process of earning the enrolled agent credential with the help of our reviewed and comprehensive enrolled agent course by EA experts. You can also avail of our online and offline courses as per your schedules where our course guide covers complete exam preparation, tests, tips, and as well as placement assistance.