Author Archive
Get the IRS to Waive Fees on Your Offer In Compromise?
By FastForward at 27 May, 2010, 12:00 am
In 2003, the Internal Revenue Service (IRS) instituted a non-refundable $150 application fee to apply for an Offer in Compromise (OIC). There are a couple of ways to waive the application fee. When you are applying for an IRS OIC and claiming a “doubt as to liability,” the fee is not applicable. If your household income falls to or below the poverty level, you can file a petition to have the application fee waived.
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Improve EA Results by Understanding Logical Indicators
By FastForward at 23 May, 2010, 12:00 am
So you’re studying for the SEE exam using the question bank from an EA course and you are sure that your answer is correct, but the test bank says your answer is wrong. Well, did you check for the double negative? How about during the real exam… you think you passed, but were two questions short. Did the double negative trick get you?
Read More >>Understanding EA Test Questions – Qualifiers
By FastForward at 22 May, 2010, 12:00 am
One of the best things you can do for EA test prep is answer as many questions as possible leading up to the exam. If you intend to pass the IRS EA exam, familiarity with the question format is important to your success. The IRS does not ask each question in the same way. On occasion, the format can be tricky, causing you to miss a question that you could otherwise answer correctly. Here is a tip you may not find in your EA training course.
Read More >>Enrolled Agent Review Course – Triggers and Assumptions
By FastForward at 21 May, 2010, 12:00 am
Memorizing an entire enrolled agent review course does not always indicate readiness to sit for the exam. There are several things they don’t teach at enrolled agent school (if there were such a thing) that a student should understand before attempting the SEE exam. Even the best enrolled agent software available today is unlikely to educate prospective SEE test takers on how to take the exam.
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