Discussion:EA Exam
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| Revision as of 04:30, 25 November 2007 TheTinCook (Talk | contribs) (Congrats Sarami!) ← Previous diff |
Revision as of 23:37, 26 November 2007 Inagpurwala (Talk | contribs) (Passed 1st and 3) Next diff → |
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| + | {{ForumReplyPost|UserID=Inagpurwala|Date=26 November 2007|Text=Passed 1st and 3rd part in one try. I will try 2nd part second time next month (December 2007).[[User:Inagpurwala|Inagpurwala]] 17:37, 26 November 2007 (CST)}} | ||
Revision as of 23:37, 26 November 2007
Discussion Forum Index --> Tax Questions --> EA Exam
Rgtaxservice (talk|edits) said: | 29 April 2007 |
| Now the fun really begins. I've started to study and pre-test for the EA Exam. I'm using the Gleim Study guides. I haven't scheduled the exam yet. I figure late summer or mid fall. I want to allow myself the time to study and learn.
I'll use this study time to reflect and find my 'inner tax practitioner'. | |
Death&Taxes (talk|edits) said: | 29 April 2007 |
| Good luck! | |
Rgtaxservice (talk|edits) said: | 29 April 2007 |
| Thanks D&T. I've been wanting to take this exam for a while now. It's a personal goal to me. It's another rung on the ladder.
Unlike CPA, most people (clients) don't know what EA stands for. Enrolled is easy, but once you utter the word Agent people tend to couple it with IRS and the room gets very quiet. You can see the wheel turning in their heads as they think you are and IRS Agent...and they just mentioned 'off the books'. With any luck, a few of my problem clients will either be scared straight or take a hike. | |
Bottom Line (talk|edits) said: | 29 April 2007 |
| It's been so long since I studied (and I never really studied then) that it will be hard for me to get into the swing of it. I also am planning on sitting for the EA. I'm going to take a few classes this summer and begin studying with the goal of taking the test next summer. | |
Rgtaxservice (talk|edits) said: | 29 April 2007 |
| Although I've just started my study routine, I find that the Gleim study guide is very helpful. Just based on the short period that I've been using it, I would recommend it.
I spent $270 for the books and test cd (3 parts). I opted out of the online option...it's the same as the CD minus the online counselor. | |
Actionbsns (talk|edits) said: | 29 April 2007 |
| Rg, your mention of the IRS and Agent, reminds me of a story. I had just finished my exams and had been awarded the EA when we met some family members and their friends in Las Vegas. We were all sitting around having dinner at a restaurant when one of the friends started talking about retiring and selling his store. He was full of bravado and himself and was making comments that would make any IRS agent just itch to get in and take a bette look. In a lull in his verbocity, my husband said to him "Paula's an enrolled agent with the IRS." You never saw someone go redder, and become more quiet so fast in your life. There was a very pregnant pause at the table and then the noisy guy blustered that "IRS agents ought to be required to let people know they are present!!!" He didn't have much more to say on the topic the rest of the evening.
Good luck with your studying and with the test. | |
Bottom Line (talk|edits) said: | 29 April 2007 |
| Now that's funny!! | |
| 29 April 2007 | |
| I took the EA tests last November & passed all 3. I used the Gleim CD's & books also. Mostly they were very good. I found that business study guides were right in sync with the tests but that the personal were quite as good. . I remember on the personal test there were several questions about insurance trusts that I did not have a clue. Just an FYI & good luck. | |
| 29 April 2007 | |
| Go to the Thomson Prometric website, register, and download the recommended reading/study list. Read EVERY pub listed in addition to taking a class (or self-study book).
The new test does not rely on the old test - all of the questions are new, though some may be similar. The old questions were written by IRS employees. The new questions were written by practicing EAs who want you to have a certain level of competency before admitting you to the tax expert "club". | |
| 30 April 2007 | |
| I took the exams in November and passed all 3. I found the NATP course to be quite helpful. I did not find the test terrible difficult. | |
Rgtaxservice (talk|edits) said: | 2 May 2007 |
| I'm finding that the study guides are working quite well. I seem to make stupid mistakes on items that I know and misread the question or read too much into the question. The answer review is really helps in strengthening my knowledge on why I got it right, and pointing to my erred ways when I don't.
All in all it's staring to get fun (isn't that sick?). Well, it's back to books - Rick | |
| 2 May 2007 | |
| Yes RICK...you are definitely SICK. Do you also read the Master Tax Guide for fun? hehehehe | |
Hellothere (talk|edits) said: | 2 May 2007 |
| I passed the exam by using the materials from the Phoenix Tax Group. The study cards were very helpful since I was able to carry them around with me and study whenever I had a minute.
Good luck with your studies!!! | |
| 16 November 2007 | |
| Has anyone recently purchased WiseGuides?
I found that the 3rd part contains comparatively less questions than the other two. The 3rd part has just 186 questions in total, when the second part has over 400 (not the book it self, but the software). Does it mean that the third part is not that difficult? (I wish!)Or if my version contains an error? I past the first and second parts recently, which were not that bad. I think that the WiseGuide helped a lot. I am taking the third part next week, and I feel completely lost since I don't have any experience in this area. | |
TheTinCook (talk|edits) said: | 16 November 2007 |
| The third section covers less material for sure. If you passed parts one and two, you should have no problem passing part three. You also might want to broaden your reading with Pub 594 and Pub 556.
The trickiest part for me was figuring out all the SOLs for refunds. | |
Donniecastleman (talk|edits) said: | 16 November 2007 |
| I had really good luck with Lambers EA review by Arthur Reed, passed all 4 parts the first time (isn't it three parts now?) so it may be worth checking out if you have the time, anyway I have to give credit where credit is due. Good luck with the exam, I should have done the EA thing years ago instead of waiting until 2005. | |
| 16 November 2007 | |
| I used WiseGuides & passed all 4 parts with flying colors the first time. But that was before they changed the test. | |
TheTinCook (talk|edits) said: | 25 November 2007 |
| Congrats Sarami! | |
Inagpurwala (talk|edits) said: | 26 November 2007 |
| Passed 1st and 3rd part in one try. I will try 2nd part second time next month (December 2007).Inagpurwala 17:37, 26 November 2007 (CST) | |
