Construct personal financial budgets Review and analyze personal debt and credit reports Create a sensible personal financial management strategy Assess proper use of banking and credit cards for taxpayer advisory Knowledge of real estate investments, general investing and retirement savings

Obtain a basic understanding of Enrolled Agent history, the difference between EAs, CPAs and Attorneys, EA licensure requirements and how to start the process. Complete the processing of all paperwork needed to proceed with Enrolled Agent licensing process - obtain, PTIN, scout testing location and register for IRS updates and notices. Assess filing requirements and determine appropriate filing status Demonstrate knowledge of taxable income, partially taxable income and non-taxable income Demonstrate knowledge of QDRO Demonstrate knowledge and ability for personal tax preparation Determine estimated tax payments and payroll withholding using IRS tools

Demonstrate knowledge of federal and state entity types. Demonstrate knowledge and abilities with business processes and automation tools. Demonstrate knowledge and abilities with service branding and modern marketing tools Demonstrate knowledge and abilities in leadership and business scaling.

Demonstrate knowledge of the differences and similarities between Cash Accounting versus Accrual Accounting Demonstrate knowledge of bookkeeping basics Demonstrate knowledge and ability with bookkeeping and invoicing tools Demonstrate knowledge of payroll processes and business financial management Demonstrate knowledge of Financial Statement Analysis and developing financial projections Demonstrate knowledge of the EIN application process and varying types of 1099's

Demonstrate knowledge of entity types and fiscal periods Demonstrate knowledge of Business Income Demonstrate knowledge of Rental Property Income and Expenses, and loss limitations Demonstrate knowledge of Property Basis and Depreciation Demonstrate knowledge of business credit losses and additional taxes Demonstrate knowledge of partnership and corporation formation and taxation Demonstrate knowledge of decedent, estate, and trust tax returns Demonstrate knowledge of small business retirement

Demonstrate knowledge of the power of attorney responsibilities and documentation Demonstrate knowledge of compliance checks and IRS tax notices Demonstrate knowledge of the collections process and the audit process Demonstrate knowledge of the IRS Appeals process Demonstrate knowledge of conflict of interest and penalty abatements Demonstrate knowledge of the IRS Fresh Start Program Demonstrate knowledge of Offer in Compromise agreements

How to construct a personal financial budget How to review and analyze personal debt and credit reports Creating a sensible personal financial management strategy Assess proper use of banking and credit cards for taxpayer advisory Real property investments, retirement savings, cryptocurrency

Basic understanding of Enrolled Agent history, difference between EAs, CPAs and Attorneys, EA licensure requirements and how to start the process. Complete the processing of all paperwork needed to proceed with Enrolled Agent licensing process - obtain, PTIN, scout testing location and register for IRS updates and notices. Assess filing requirements and determine appropriate filing status Taxable Income, Partially Taxable Income, and Non Taxable Income Tax deductions, credits, and audit red flags Qualified Domestic Relations Orders Estimated Tax Payments and Payroll Withholding

Understanding Federal and State Entity Types Certified Public Accountants, Enrolled Agents, Attorney, and Certified Financial Planners Assessing business processes and automation tools for operational efficiency Elements of business branding modern marketing tools How to develop leadership that will allow business owners to scale through additional verticals and employees

Cash Accounting Vs Accrual Accounting Book Financials Vs Tax Financials Bookkeeping Basics and Invoicing Tools Payroll Basics Business Financial Management Financial Projections and Financial Statement Analysis EIN Application Process Different Types of 1099 forms

Entity Types and Fiscal Periods Business Income and Business Deductions Rental Property Income and Expenses, and Loss Limitations Property Basis and Depreciation Business Credit Losses and Additional Taxes Partnership Taxation and Formation Corporation Taxation and Formation Decedent, Estate, and Trust tax returns Small Business Retirement plans

Interacting with the IRS Taxpayer Rights Circular 230 Requirements Professional Compliance Rules Office of Professional Responsibility and professional governing agencies Procedures for Disciplinary Action and Dispute

Power of Attorney responsibilities and documentation Compliance Checks IRS Tax Notices and Timelines Tax Transcripts 433 Series IRS personnel and departments Lock In Letters Employer payroll obligations and penalties Collections Process Audit Process IRS Appeals Process Conflict of Interests Penalty Abatement IRS Fresh Start Program Offer in Compromise Agreements Bankruptcy