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Business Law II DSST |
Posted by: jaweber08 - 12-29-2013, 01:31 PM - Forum: General Education-Related Discussion
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I'm looking to take this exam next week. I have read and studied CH's 4, 9-17, and 21-22 from Barron's Business Law, 5th edition (The big green book) and reviewed snazzlefrag's notes which seem to have come from the same text.
Does anyone know of accurate practice tests that can be taken for this exam (Peterson's and DSST don't have practice test for this one)?
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Straighterline to ACE |
Posted by: keymommy2000 - 12-28-2013, 09:17 AM - Forum: General Education-Related Discussion
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Hello All, i've been trying to get my credits from straighterline to ACE but their requesting a student ID # from ace. When i opened an account with ACE they didn't provide me with an account # or and ID, so its holding up straighterline, So what do i do? Please help, thanks
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Make as much as a CPA with no college degree! |
Posted by: sanantone - 12-27-2013, 09:45 PM - Forum: Off Topic
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On the other forum, Maniac Craniac asked which certifications could quickly lead to a job. Someone brought up the IRS' Enrolled Agent. Certain former IRS employees can apply to become enrolled agents if they worked in that position for at least 5 years, but everyone else needs to pass a 3-part exam that is administered over 2 days. Enrolled agents can represent taxpayers before the IRS just like CPAs and attorneys. EAs are required to complete 72 hours of continuing education courses per 3 years.
Enrolled Agent Information
After doing some further research, I found out about the tax court exam. This allows non-lawyers to represent people in federal courts. This exam has a 5-10% pass rate.
http://www.ustaxcourt.gov/forms/Admissio...torney.pdf
EAs can open up practices or work for someone else preparing taxes during tax season and representing people year-round. An EA sounds inferior to an attorney or CPA, but these professionals are often more knowledgeable about tax law than the other two professions because that's all they focus on. CPAs have a very broad education that covers little about the tax code and a tax attorney could be representing you with little training on tax laws. EAs are also cheaper to hire. This profession has been around since 1884.
Hiring Protection From The IRS - Forbes
Quote:In 2012, the average accountant brought home $71,040 per year, according to the U.S. Bureau of Labor Statistics (BLS). CPAs with fewer than three years of experience earned anywhere from $45,413 to $61,600 per year, those with three to five years of experience made $56,963 to $77,550, while CPAs with five or more years of experience earned $69,018 to $92,675, according to the Robert Half Finance agency.
Quote: According to the BLS, tax examiners and revenue agents earned nearly 27 percent less than accountants, at an average of $56,050 per year, as of 2012. Like the CPA designation, earning the enrolled agent status can improve salaries for these tax professionals. In 2013, enrolled agents brought home an average of $75,000 per year, reports the job site Indeed. According to Robert Half, enrolled agents with one to three years of experience earned anywhere from $51,450 to $85,800, depending on the size of the accounting firm. Those at the senior level started at $61,950 at small firms and earned upward of $107,800 at large firms.
Certified Public Accountant vs. Enrolled Agent Salary | Chron.com
When researching actual job openings, I found that the major law firms require a CPA or an enrolled agent designation. I thought it was interesting how they considered them to be equal. However, these jobs also required a bachelor's degree in finance, accounting, or a business-related field. Many of the positions also prefer a graduate degree related to law, tax, or accounting and experience. But, I'm sure one can be competitive at smaller firms with just a bachelor's degree (or maybe less if you have a lot of preparing experience) and the EA designation; and, you won't have to worry about having 150 credit hours with a certain number of hours in accounting.
The National Association of Enrolled Agents seems like a good organization to join since you would be searchable in a database. They require 30 hours of continuing education per year.
NAEA | Powering America's Tax Experts
P.S. The IRS is considering regulating tax preparers in the future. Currently, anyone can prepare taxes.
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For Texas students: guaranteed block transfer of first 2 years |
Posted by: sanantone - 12-27-2013, 09:05 PM - Forum: General Education-Related Discussion
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Clep3705 has talked a lot about the State of Texas mandating that the core curriculum (general education courses) from one public college be accepted in transfer by another public college. When answering someone's question on another forum about the Alamo Colleges, I found out that the State of Texas has taken it further. The first two years for certain majors are transferable from one public college to another. The first two years generally include general education credits plus lower level credits in the major.
Business
Communication
Computer Science
Criminal Justice
Educator Preparation: Grades 4-8 Certification
Educator Preparation: Early Childhood Education
Engineering
Engineering Technology
Mexican-American Studies
Music
Nursing
Associate of Arts in Teaching (A.A.T.)
Transfer Information
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