How to prepare for SEE Part II of the EA Exam

By Ferey Kian;EA, NPTI Fellow

January 13, 2022

Some people say EA stands for Extra Attractive people. That could be true, but actually, EA has to do more with the IRS designation of an Enrolled Agent. As an EA, you will specialize in tax law, whether individual, business, trust, or all the intricate problems that may arise in a tax audit. You are no longer only a tax prepare but a professional tax expert. Now you have job opportunities at tax preparation franchises or working for a CPA office. Best of all, if you have a selfmotivated individual, your best step would be to start your own tax practice and representation office.

But remember this: The Enrolled Agent Exam is rigorous and sometimes challenging. The good news is that passing the exam is a real accomplishment and marks significant professional advancement. We suggest devoting at least 3 hours a day for the next three months—minimum. A good test taker should spend a minimum of 40 hours preparing for each part of the three exams to complete the process.

I wanted to tell you this ahead of time because preparing test material is one of my specialties. My name is Ferey Kian, and I have an accounting office in Downtown Hollywood, FL. For the past 20 years, I have taught MBA courses, Taxation, Bookkeeping, and Business Startups in colleges and universities such as the University
of Phoenix University, DeVry, Keller Graduate School, and Miami Dade College in South Florida. I learned the finer points in developing concise study material that does not take you around bushes but instead takes you to the bowl of the beast with direct practices that you will face in your tests.

I have written and published many tax books, but here is a simple, no-nonsense study guide focused on  business entities, Taxation, and EA questions, responses, and analysis to help you pass the test. But as President Biden says, here’s the deal: All I will ask of you is to dedicate a three-hour a day focus to go over the material in the study guide and research them on other websites, including irs.gov. Do spend this time at least a month before you schedule your test. Then there are many questions in the book that you need to practice before looking at the answers. The trick is to finish all questions before reviewing the answers and then see your score. Do not answer any question you doubt, but mark it and go on. Maybe you find the answer to this question, further down the road, in other questions.

To pass the exam, you need to pass the tests in this book at least 90% correctly. Do not waste your money to register for the test if you have not gone over every topic and taken the test in this book and the resources mentioned here for additional trials in Prometric and the IRS website.

Where do I take the test?

The IRS is using Prometric. They have several learning centers all over and you can register online to the center nearest to you—morning or evening hours available. (Valid ID’s a must.)

What are the best three sources of information to pass Part II of the SEE?

  1. Instructions for 1065, 1120, the 1120S, Schedule C
  2. IRS website: irs.gov. You should get on their mailing list.
  3. This study guide and resources referenced throughout the book

In fact, this study guide can help you with the exam criteria, and if you don’t cut corners, you can pass the EA test. Once you pass the test, stay in touch with us at fkianfa.com and the IRS website at www.irs.gov and get yourself on our mailing list for tips and updates we offer frequently.

Enrolled Agents are the most widely respected professional tax designation. Enrolled Agents are licensed to practice by the Internal Revenue Service. You are taking the first step to an exciting and rewarding career as a tax professional!

This study guide is designed to help you study for the IRS Enrolled Agent’s Exam. Although designed to be a comprehensive guide, we still recommend that you study the IRS publications and try to learn as much as you can about tax law in general so that you are well‐equipped to take the exam.

Enrolled Agents have passed all three parts of the exam, formally called the Special Enrollment Examination or SEE. The exam covers all aspects of federal tax law, including the Taxation of individuals, corporations,  partnerships, exempt entities, ethics, and IRS collections and audit procedures.

This booklet is designed for test-takers in 2022 and the future. During this period, any candidate taking the Enrolled Agent Exam will be tested on 2017 TCJA or the new tax law for 2022 tax preparation

The IRS Enrolled Agent’s Exam is exclusively administered by Prometric, and exam candidates can find lots of valuable information on Prometric’s IRS/EA Exam website at:http://www.prometric.com/IRS

Candidates can quickly sign up for the exam online and schedule convenient exam dates to accommodate their schedules. Prometric has designed the exam with content derived from input by experts from the Enrolled Agent community. Each exam section is formatted with multiple-choice questions.

No essay questions or questions require written answers. At this book’s publication, the EA Exam has 100 questions per part.

Computerized EA Exam Format
Part 1 ‐ Individual Taxation‐100 Questions
Part 2 ‐ Business Taxation‐100 Questions
Part 3 ‐ Representation, Practice, and Procedures‐100 Questions

Old EA exam questions—before 2010 are found on the IRS website, and we recommend you still review them. In addition to this study guide, we highly recommend that all exam candidates read. For SEE Part III, for instance, you will need to read Circular  230, Regulations Governing the Practice of Attorneys, Certified Public  Accountants, Enrolled Agents, Enrolled Actuaries, and Appraisers before  the internal Revenue Service.

Here are some of the headlines of topics (SEE part II) in the test that we discuss in the study guide and EA preparatory classes we offer in Hollywood, FL.

 Types of Business; Advantages and disadvantages of each type
 Basis in Passthrough business
 Detail of income, QBI, Credits and Qualified Business Expenses (QBE),
 Net Operating Income (NOI), and Net Capital Loss (NCL).
 Retained Earnings and reconciliation of Balance sheet items
 Retirement Accounts and Employer’s contributions

FAQ:

Q: Do I have to have an accounting or bookkeeping background to go for the EA test?
A: No, not really, but if you hate numbers, you still can be Extra Attractive but EA is not
for you.
Q: Is EA designation provide for any credentials?
A: Yes, by the IRS.
Q: What is the difference between a CPA or a Tax Attorney with an Enrolled Agent.
A: Short answer is $100,000-200,000 tuition debt. Or two years Vs. Five months. But
the long answer is that CPAs are required to have a major in accounting and can then
specialize in any field related to accounting. Likewise, attorneys could practice family
law, business, civil laws, etc. Both CPAs and attorneys can represent their clients before
the IRS. On the other hand, EAs are focused only on Taxation, tax-related issues, tax
advisement, and representing clients before the IRS.
Q: Can I start my business with the EA Certification and License?
A: Yes, but the degree itself is not enough for any business. It would help if you were
self-motivated and entrepreneurial to start your business. Suppose you have an
employee mindset. You may need another mindset to shift focus from busywork, to
business. Despite what people think, it takes a lot of practice to be your own boss.
Q: Do I need other study material to pass the EA test, or is this book the only resource?
A: The book and tests are the main resources you need, but the book also provides
additional reading material such as tax forms and instructions that are updated every
year.
Q: What is the best way to study this, and how long should I study for this test.
A: Like any major test, you may need to attend preparatory workshops as listed in the
IRS list of education providers. Either in person or on Zoom. The study guide is one
aspect of your success. The others are preparation, such as coaching in workshops and
reference material, and old tests on the IRS website may take you at least one month to
prepare for each EA exam. In all, you may need 5-6 months of focus study. That is still
better than 2-3 years of schooling in the Masters program—and 4 years of college before
that.
Q: How do I register for the preparatory workshops.
A: Our office is in Hollywood, Florida but we have a few spaces for face-to-face, which
will be simultaneous (asynchronous) with live Zoom on the same dates.
Q: How much is the cost of these workshops
A: For in-person classes, it will be $1400 if registered ten days in advance. Live Zoom
will be $899 if registered ten days in advance. Add $100 for regular registration five
days before workshops.
Q: Will I be getting study material?
A. Yes, you will receive preliminary tests and slides for each part for the upcoming
session and a free copy of the study guide for each exam—in Kindle.
Q: When is the next class?
A: In Kian Finance Training workshops, we have classes every month. It’s okay if you
missed SEE Part I. You can start with SEE part II first or Part III, and then the following
session you will take the one you missed.
Q: Should I take the test in order of SEE Part I (Individual tax), then Part II (Business
tax), and then SEE III (Representation)?
A: Not necessarily. I have had students who were good at reading and took the SEE III
first. Or some who had a background in accounting and businesstax and took the
Business exam first. It all depends on which part you may feel more comfortable.
Q: Do I need to be a tax practitioner to tackle the EA tests?
A: It could be helpful, but not necessarily. You need to know how to take the test and
how you would prepare for a test

If you like to register and prepare for a career in Enrolled Agent, you can get face to face or online at Kian Finance Authority.

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