FREQUENTLY ASKED QUESTIONS
#01. What is Enrolled Agent?
Enrolled Agent is a federally authorized tax practitioner entitledre by the U.S.A. Department of the Treasury. Enrolled agents play the part of taxpayers before the Internal Revenue Service (IRS) for tax issues including collections, audits, and appeals
#02. How do you become an Enrolled Agent?
Follow these steps to become an EA
01> Obtain a Preparer Tax Identification Number
02> Apply to take the Special Enrollment Examination (SEE)
03> Achieve passing scores on all 3 parts of the SEE
04> Apply for enrollment
05> Pass a tax compliance check to ensure that you have files all necessary tax returns and there are no outstanding tax liabilities.
#03. Where is iLead Tax Academy Located?
Level 7 Maximus Towers, Building 2A Mindspace Complex, Hyderabad, Telangana 500081
#04. How much does it cost to write Special Enrollment Examination?
There is $182 fee per part to be paid at the time of appointment scheduling. The fees is non – refundable and non – transferable
#05. What are the papers covered in Enrolled Agent?
01> Individual Taxes
02> Business Taxes
03> Representation, Practices and Procedures
#06. What is the time limit for each part of the examination?
Each Part is 3.5 Hours Long
#07. How many times I can attempt each paper?
Each paper you can attempt 4 times a year
#08. How much time gap I get after passing one paper?
You get 2 years of time to pass other 2 parts after clearing one paper
#09. What all study material I get for training?
• Tax Lectures with Class notes 150+ hrs
• SEE MCQ’s with explanation 2700+
• IRS Tax Material – Study Guide
• Revision Class videos
• KM Assistance – Doubt Clarification
• PTIN Assistance
• Exam Scheduling Assistance
#10. Do you have office in Mumbai/Delhi/Bangalore/Kolkata?
#11. What is the fees for EA Training with iLead?
Currently we are running discount so the fees for Entire EA Course is INR 50,000
#12. Do you have Classroom Training/Live Classes?
Yes we do offer Classroom and Live Training , Currently , we are offering Recorded classes
#13. I am CA Dropout can I Pursue this training?
Absolutely ( We can display the CA Fail Flyer)
#14. Duration of the Training?
100 hours is enough to study and pass the examination but we give you access for 1 year for the study material
#15. Is the licence valid in India?
#16. Where can I work after completing this Training?
You can work for companies who file US Taxes or You can be and entrepreneur
#17. Do you provide 100% Placement Assistance?
Yes, we do Recommend your profiles to the MNC’s after the Completion of EA
#18. Which companies can I work after getting the license?
Big 4’s and Companies who are into US Taxation process
#19. What will be the benefit if enroll for this training?
Invest your 3 months into the training have 40 years of Glorious Career in USA Taxation
#20. What are the salaries for a fresher EA?
An Average Salary of a Fresher after he completes EA will start from 4.2 lacs
#21. Can I work in your company?
Yes you can
#22. Can I work in US ?
#23. Is this license valid all over world?