| With the major changes to the tax code coming in | | | | requirement. |
| 2011 due to tax law sunsets and renewals, health care | | | | To become an EA an individual must pass the Special |
| legislation, and the new laws governing tax preparers, | | | | Enrollment Examination, also known as the EA exam. |
| passing the EA Exam and becoming an enrolled agent | | | | The process itself is very simple. You must first, apply |
| (EA) has become an even more attractive option. | | | | to take the three-part Special Enrollment Examination, |
| Changes in the tax code for 2011 include the | | | | pass the three-part SEE exam, and then apply for |
| reinstatement of the estate tax, gift tax rate | | | | enrollment and pass a background check. |
| reductions, gift tax expansion, new tax preparer | | | | With the tax code becoming more and more complex |
| regulations and health care regulations. These are just | | | | everyday and regulation, oversight, and compliance |
| a few changes in the coming tax year. | | | | checks from the IRS becoming more insistent, the |
| Competency tests will be administered for all paid | | | | natural progression for any serious tax professional is |
| preparers other than attorneys, CPAs and EA's. The | | | | to take the Special Enrollment Examination and |
| rules will also mandate ongoing continuing professional | | | | become an EA. The exam covers all areas of tax |
| education and extend Circular 230's ethics rules to all | | | | preparation as well as Circular 230 guidelines. If you |
| paid preparers. The new rules apply to all tax return | | | | choose to pursue becoming an EA you should |
| preparers, not just those who sign tax returns. Enrolled | | | | consider taking an EA review course or purchasing an |
| Agents will be exempt from the competency test | | | | enrolled agent study guide. |