User talk:RadoTax

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Matt,

I ended up buying all three Phoenix parts at the same time. In fact, I got their full package (note cards, binders, and software). I figured buying it all at once would save me shipping and handling (besides Phoenix is already cheaper than Gleim and WiseGuides).

The binders and software each contain the same exact material (questions/solutions for the three SEE parts). If you're trying to save money you can buy the note cards and choose either the software or the binders. The software is nice because it can scramble the questions and provide you a testing environment similar to what you will have when you take the actual test. It also provides detailed solutions. However, you may choose to use the binders if you like to physically touch or markup while you are studying.

Best of luck on your studying. Let me know if you have any other questions.

Miltaxman 16:07, 22 June 2010 (CDT)

SEE Part 1 (Study Time)

For Part 1 I studied on and off for about two months. I would say I did a good month (maybe a little longer) of studying every night for a couple of hours. I would spend half a day on most of my Saturdays.

Your experience of preparing returns will help you, but by no means will it be sufficient. The exam goes into quite a bit more detail and expects you to know the theory versus just the applicable knowledge. Besides, you have to memorize a lot of facts that software typically does for you (calculations, MAGI phaseout, etc.). Once you start taking the practice questions that come with Phoenix you will understand what I am talking about.

From the reading I did on these forums, you should be scoring above 90% on all the practice sections before taking the exam. I was scoring around 98% and I still was surprised about 10% - 15% of the questions on the actual exam. Fortunately, I was able to reason out a few of those questions.

Miltaxman 17:03, 23 June 2010 (CDT)

Startup Expenses

My website is my biggest single expense at $1625. Everything else is all of the basic stuff you need to get started:

PO Box Assumed Name Fee/Public Notice (Sole Proprietor) Toll Free/Electronic Fax (Activation and then ongoing monthly expense) Office Supplies EA Review Materials (Gleim) EA Exam Fees Software (Proseries Basic) Marketing

This is basically where the rest of my startup funds are going. The main goal for me is not to create ongoing expenses that I don't have enough revenue to cover.

Pay raise discussion

I just wanted to let you know I changed the title of your discussion so others have an idea what it is about. If you have it bookmarked, you may need to remark it.Natalie 20:35, 5 January 2011 (UTC)Natalie

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