Conquer the IRS SEE Part 2: Your Guide to Passing the Special Enrollment Examination (SEE) Covering Business Taxation and Becoming an Enrolled Agent (EA)

By: Philip Martin McCaulay

Narrated by: Virtual Voice

Length: 3 hrs and 7 mins

Publisher's summary

"Conquer the IRS SEE Part 2: Your Guide to Passing the Special Enrollment Examination (SEE) Covering Business Taxation and Becoming an Enrolled Agent (EA)" is a comprehensive study guide designed to help candidates succeed in the business taxation section of the IRS SEE. This guide delves into crucial topics such as business entities, including sole proprietorships, partnerships, corporations, S corporations, and LLCs, providing detailed explanations of their tax implications and reporting requirements. It also covers critical aspects of business tax preparation, including income, expenses, deductions, credits, and the handling of business assets.

The guide emphasizes the importance of understanding the formation and dissolution of business entities, tax-exempt organizations, and retirement plans, offering clear, concise explanations and practical examples to ensure thorough comprehension. Additionally, it explores the nuances of rental property taxation, farm income, and specialized returns, providing candidates with a well-rounded knowledge base.

To reinforce learning and test comprehension, the guide includes an 85-question practice exam complete with answers and detailed explanations. This practice exam is designed to mimic the format and difficulty of the actual SEE, helping candidates familiarize themselves with the types of questions they will encounter.

By systematically breaking down complex tax concepts and offering practical tips and strategies, "Conquer the IRS SEE Part 2" equips candidates with the knowledge and confidence needed to pass the SEE and become successful Enrolled Agents. This guide is an invaluable resource for anyone serious about excelling in the field of business taxation.