Author Description

The PassKey Learning Systems Workbook for Part 2, Businesses, features three complete Enrolled Agent practice exams, with detailed answers, to accompany the PassKey study guide for Businesses. The three-hundred targeted test questions have been created specifically for the EA Exam testing window that runs from May 1, 2023, to February 29, 2024. This year's edition includes coverage of the key tax legislation that was passed in 2022: The Inflation Reduction Act of 2022, which was signed into law on August 16, 2022. The bill includes dozens of expanded or extended tax credits and additional funding for the IRS. The SECURE Act 2.0 was signed into law on December 29, 2022, as part of the Consolidated Appropriations Act of 2023. This bill added more than ninety new retirement plan provisions that affect individuals and businesses. Most of these provisions do not go into effect until 2023, but there are some provisions that are retroactive and affect the 2022 tax year. Using this workbook, you can challenge yourself by taking three full practice exams for the Businesses section of the EA exam. The test questions are different from the ones in the PassKey study guides, so you can have a more true-to-life exam experience. All of the answers are clearly explained in the answer section. If you answer a question incorrectly, you will understand why it was incorrect and learn the concepts needed to pass the EA exam. The PassKey EA Review workbooks have been rigorously vetted for accuracy by experts in the tax profession. Test yourself, time yourself, and learn!