If you are an un-enrolled tax preparer, and you like what you are doing, this is the best moment to climb the career ladder and upgrade yourself to an enrolled agent. You will gain unlimited ability to practice before the Internal Revenue Service, have better earning potential and enjoy more credibility. Help yourself to a study guide to pass the exam easier and learn more about income taxes, because this is a long-term investment. Registration will be mandatory for paid preparers, so why wait until you don’t have a choice?
Enrolled agents are compelled to continue their education while their practice, so that they will seamlessly combine practical and theoretical knowledge. The enrolled agent cpe is not optional, but the latest courses make it easier to assimilate vital information and greatly reduce the time spent studying. Contact hours are the units used to measure continuing education programs, and one such hour lasts 50 minutes, with the IRS counting only multiples, so you need to attend at least one hour at a time.
With these continuing education programs spanning over three years, enrolled agents need to take at least 16 every year and among these, ethics play a central role. At least, two hours should be included in the yearly bundle, and the enrolled agent ethics course can help them extract the most from those two hours. Despite the fact that this kind of information has less to do with technical issues, it prepares the agent for the sensitive situations suggests the correct course of action.