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How Much Do Enrolled Agents Earn – With my comparison of the most popular EA review courses, you can get the best course for you!
One of the most common questions I get from readers interested in becoming an Enrolled Agent (EA) is: How long does it take to become an Enrolled Agent (EA)? Another common question is “How hard is the Enrolled Agent Exam?”
How Much Do Enrolled Agents Earn
I understand why candidates ask that first question. Before you get too far into the process of becoming an EA, you want to know if it’s worth the time, effort, and resources required. But the benefits of an EA include increased job opportunities, income, status before the IRS, and tax expertise, so I believe the designation is very advantageous. One of the main reasons people choose to become an EA is the generous Enrolled Agent salary.
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However, taking the EA exam (officially called the Special Enrollment Exam (SEE)) can take a long time, so you must prepare for it. I will help you determine how long it will take you to become an EA so you can develop your EA exam schedule.
You may hear some enrolled agents boast that the EA exam is easy and they passed it in just a few weeks. However, the reality is that most candidates cannot pass in 1 month.
It may take you more than 1 month or even more than 1 year to pass. But as long as that time frame works for your lifestyle, you shouldn’t feel pressured to move faster.
You can find all the steps here to learn how to become an enrolled agent. Additionally, you’ll want to make sure you’ve met the Enrolled Agent requirements.
Your Step By Step Guide To Becoming An Enrolled Agent
The Enrolled Agent exam is available for candidates to take 10 out of 12 months in a year. The testing window runs from May 1 to February 28 next year.
The 2 blackout months (March and April) allow exam administrators to make any necessary adjustments to the exam. They also use this time to update content according to the latest tax law.
The number of months your EA exam journey will take depends on how many study hours you will need. Also, the other half of the equation is how quickly you can accumulate those study hours.
If you are not super familiar with the current tax code, getting ready to go through all 3 parts can take you several hundred hours.
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Specifically, Fast Forward Academy advises candidates to plan to invest anywhere from 40-70 hours of total study time per exam section. Furthermore, Gleim EA Review raises the bar a bit by recommending 80-100 hours for Part 1 and Part 2 each and 60-80 hours for Part 3.
If you study with Gleim EA Review and follow that system diligently, preparing for the entire EA exam will likely take at least 4 months. However, if you are very familiar with tax, you may prefer to study with Fast Forward Academy, as their high-tech system can help you save time.
Once you pass the first part of the EA exam, your credit for that part lasts for 2 years from the date you passed it. Therefore, you need to pass the remaining 2 parts in those 2 years to avoid losing credit for the part you passed and not having to take it again.
However, if you fail a section of the EA exam after taking it 4 times in the same testing window, you must wait until the next testing window to attempt it a fifth time.
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Reviewing the best enrolled agent course for you allows you to study more effectively and pass more effectively. To find the best course for you, you must consider several factors, including
If you study with a course that doesn’t meet your review needs and doesn’t prepare you no matter how long you study, you’re more likely to fail part of the exam. Consequently, failing part of the exam will cost you both money and time. For this reason, you can only increase your passing pace by using the right EA review course for you.
With almost all agent classes enrolled, you can study entirely through an online portal. This means you never have to leave your house to study and you don’t have to visit a center to attend enrolled agent training.
No matter which course you choose, you may be able to speed up the process by skipping the reading and going straight to the quizzes. If your review course suggests that you study the exam content area more than you think is necessary, you can try to take a shortcut by answering practice questions first. In doing so, you may find that you are already proficient in that area.
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However, if you try this study strategy and score low on the practice quizzes, you should read it. You must have sufficient understanding of each topic in the exam. So read the book or watch the videos to refresh your understanding of the material. Then, once you get back to the basics, you can go back to the quizzes.
You really save time by just focusing on your weak areas. If you ignore the problematic topics, you risk failing an exam section, which only drags out the exam process even longer.
To focus on your weak areas, take a practice quiz at the beginning of each study unit. Then, use the quiz results to figure out which topics need more attention. After that, prioritize those topics in your reading and quizzes until you meet them.
Fortunately, some review courses now use adaptive e-learning platforms that could help you learn better. Take Gleim EA vs Surgent EA, for example. Both courses track your performance as you answer questions and reveal which questions you’re getting wrong. They then direct your studies to focus on weak content areas.
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You may be able to pass the exam within 2 years by continuing your life as usual and studying for the exam in your spare time. But if you want to complete the exam so that you can enjoy the EA designation as soon as possible, you will have to adjust your schedule.
To pass the exam quickly, you must make a study schedule. In the process, you can carve out even more weekly study time when you temporarily remove non-essential activities from your normal routine. It might not be fun, but it will be worth it once you complete the exam and have an EA to show for it.
This mandate may be easier said than done, but it is an ideal target for someone who feels the need to accelerate their EA actions. To pull it off, you have to
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Passing every part the first time is possible! After all, all it takes is dedication, hard work and persistence.
What Is An Enrolled Agent (ea)?
You get the results for each part of the EA exam immediately after you complete the test. And good news: if you fail, you can register to retake it after just 24 hours.
Such a quick turnaround time is a luxury compared to other exams like the CPA, CMA, and CIA. For these exams, you must wait until the next testing window to repeat the section.
With this testing flexibility, you can re-sit the exam as soon as you’re ready. So the sooner you can sit down again, the less time you’ll lose!
After you pass all 3 parts of the Enrolled Agent Exam, you must submit an Application for Enrollment, A.K.A. Form 23. You have 1 year from the time you pass the final exam section to complete this document. You will also need to pay your registration fee to the IRS at this time.
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Unfortunately, no matter how quickly you complete these steps, this part of the process can take some time. By that I mean, about as long as it takes to study and pass the entire exam!
It may take up to 90 days for your application to be approved as it involves a background check. And since this last procedure can be extended for so long, becoming an EA can take you anywhere from 3-8 months (or longer if life gets in the way of your study plans).
If you have more questions about the EA exam, my Enrolled Agent blog can answer them. Or, for specific recommendations on which enrolled agent exam prep you should choose, feel free to leave a comment or email me. And don’t forget to sign up for my EA newsletter! Hopefully, after reading a few of my articles, you’ll see that becoming an EA isn’t too difficult, especially if you dedicate yourself to studying.
I am the author of How to Pass the CPA Exam (published by Wiley) and publisher of this and several professional accounting exam preparation sites.
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