The Enrolled Agent Review Program
T
his course incorporates theory, law, and practice in tax preparation. This is a live course through virtual learning. The cost of this program is $ 1800; $600 per course. This cost includes live Zoom lectures.
Enrolled
Agents ( EAs) are tax practitioners with technical expertise in taxation
and are fully authorized to represent taxpayers before all
administrative levels of the Internal revenue Service including audits
collections and appeals. Only Enrolled Agents, Attorneys, and CPA's are
licensed to practice before the IRS and represent clients.
The Enrolled Agent Review Program is designed to prepare students for a
career as a tax professional. Enrolled Agents are in high demand in
small and large accounting firms, law firm, corporate accounting
departments, state departments of revenue, investment firms, banks, and
in private practice. Enrolled agents are Tax Experts and Tax
Professionals. The average U.S. Salary for an Enrolled Agent is $45,000.
The Enrolled Review Program study material consists of three areas of
taxation and one course in business mathematics.
Individual Taxation- Tax preparation and tax law for individual returns
Business Taxation- Tax preparation and tax law of small to large
corporations, and other business entities
Representation, Practice and Procedures- Representing clients before the
Internal Revenue Service using ethical practices and procedures per IRS
circular 2.30.
After a student completes the Enrolled Agent Review, they take the
Special Enrollment Examination ( SEE) at a Prometic local site.
Prometric is the only testing site authorized, by the IRS, to give the
SEE examination.
Once a student passes all three parts of the SEE examination , a federal
license is issued by the Internal Revenue Service. Students who pass
the
examination and receive their EA license, from the Department of
Treasury/ IRS, may practice in all jurisdictions governed by the
Internal Revenue Service.
In addition, According to the Internal Revenue Service Circular 230,
10.6(g) Enrolled Agents must qualify for the renewal of enrollment. In
order to qualify for renewal of enrollment, an individual enrolled to
practice before the Internal Revenue Service must certify on the
application for renewal form prescribed by the Director of Practice that
he or she has satisfied the requirement for continuing professional
education. Requirements for enrollment cycle. A minimum of 72 hours of
continuing education credit must be completed during each enrollment
cycle. A minimum of 16 hours of continuing education credit, including 2
hours of ethics or professional conduct, must be completed during each
enrollment year of an enrollment cycle.
We also provide the 72 hours of continuing education material, as an IRS
Continuing Education Provider, to qualify for the Enrolled Agent
Renewal. 72 Hours of continuing education must be completed within three
of of becoming an Enrolled Agent in order to renew the license. The cost
of the continuing education over a three year period is included in the
cost of the Enrolled Agent Review Program.
Individual Taxation and Updates
Students are required to attend Zoom lectures four days a week for two hours. The cost of this program is $ 600 per course. This cost includes live Zoom lectures.
This course is designed to provide basic theory and practice in taxation. The course prepares students for occupations or careers in taxation.
Preliminary Work to File Tax Returns
Income and Assets
Retirement Income
Real and Personal Property
Adjustment to Income
Itemized Deductions
Credits
Taxation
Advising the Taxpayer
Estate Tax
Gift
FBAR