The Steps to Become an Enrolled Agent: A Comprehensive Guide

TLDRThis video provides a step-by-step guide on how to become an Enrolled Agent. It covers obtaining a PTIN, studying for the exams, scheduling and taking the exams, and applying for enrollment with the IRS. It also highlights the importance of continuing education and renewing your PTIN annually.

Key insights

🔑Obtain a Prepare Tax Identification Number (PTIN) from the IRS.

📚Study for the Special Enrollment Examination using books or online courses.

📝Schedule and take the Special Enrollment Examination at a Prometric testing center.

💼Apply for enrollment with the IRS and pay the application fee.

🎓Renew your Enrolled Agent status every three years by completing continuing education courses.

Q&A

How long does it take to become an Enrolled Agent?

The time required to become an Enrolled Agent varies depending on individual study habits and availability. On average, it takes about 60 hours of studying for the Special Enrollment Examination.

Are there any requirements to become an Enrolled Agent?

To become an Enrolled Agent, you must pass the Special Enrollment Examination, have a valid PTIN, and meet the IRS suitability requirements.

Can I apply for enrollment with the IRS before passing the exams?

No, you must pass all three parts of the Special Enrollment Examination before you can apply for enrollment with the IRS.

Do I need to renew my PTIN every year?

Yes, it is recommended to renew your PTIN every year, typically in December, to ensure it remains active for the current tax season.

How often do I need to complete continuing education courses?

Enrolled Agents should complete 72 hours of continuing education courses every three years to maintain their EA status.

Timestamped Summary

00:00Introduction to the video and its purpose.

02:30Step 1: Obtain a Prepare Tax Identification Number (PTIN) from the IRS.

04:24Step 2: Study for the Special Enrollment Examination.

06:52Step 3: Schedule and take the Special Enrollment Examination at a Prometric testing center.

08:25Step 4: Apply for enrollment with the IRS and pay the application fee.

10:00Step 5: Renew your Enrolled Agent status every three years by completing continuing education courses.