NCSEA SEE Prep Course Information - JUNE 2015

Transcription

1 Course Description The North Carolina Society of Enrolled Agents (NCSEA) is pleased to offer the only study course taught by Enrolled Agents (EA) in North Carolina to prepare you for the IRS Special Enrollment Examination (SEE). Instructors will be knowledgeable NCSEA members who are EAs dedicated to helping participants pass the SEE. Students will receive live instruction, testing to ensure mastery over the materials, and continuous support and encouragement throughout the process. Our Special Enrollment Examination (SEE) prep course is taught in 3 parts (Individuals; Businesses; and Representation, Practice, and Procedures) which correspond with the format of the exam required to become an Enrolled Agent. The SEE prep course utilizes Gleim EA Review materials. Gleim is one of the leading providers of study and reference materials for the accounting industry. (For more information regarding Gleim study materials please go to Gleim.com/EAtax ) Gleim guarantees students will pass the EA exam on the first sitting using the Gleim EA Review System. Go to Guarantees for more details. The NCSEA SEE course includes: 54 Hours of Live Classroom Instruction Review Books Audio and Audiovisual materials that can be downloaded on mobile devices Complete Gleim Online Access including: Over 3,600 practice test questions with comprehensive answers Timed Exam Rehearsals Classes will meet one day a week for 3 hours over 24 weeks. There will be a two-week break after each part to provide time for testing. Classes will not be held the week of Sept. 2 nd, or Oct 15 th. Go to Course Dates for more detail. Enrolled Agents who are members of National Association of Enrolled Agents (NAEA) and North Carolina Society of Enrolled Agents (NCSEA) will teach the classes. Go to Instructors for more detail. Are there prerequisites for this course? Although no particular experience or educational requirements are required, persons taking the course should be able to answer income tax & accounting questions at the intermediate college course level. (See FAQ s # 5, 6, & 7) Please be aware that the course is intense. Cost / Payment NCSEA & NAEA Associate* Non-Members All Three Parts (18 weeks) $1,285** $1,425 (Purchase all 3 parts, save $255) Part 1 only (5 weeks) $510 $555 Part 3 only (3 weeks) $285 $315 Part 2 only (10 weeks) $745 $810 *Associate Membership $50- with separate SEE Candidate Associate application-see additional information below. **Early Bird discount $ 1,250- if registered by May 8, 2015 Note: The cost does not include fees for taking the SEE exams. Joining NCSEA or NAEA is not required but qualifies for the discounted rate. Full payment required at time of registration. Payment can be made by check or credit card.

2 NCSEA Associate Membership Offer Registration Deadline For Tax Professionals who intend to become an Enrolled Agent (EA), the NC Society of Enrolled Agents offers a SEE Candidate Associate status. Once EA status is obtained by passing the IRS Special Enrollment Examination (SEE), the next level of membership will be required to continue membership. The Annual dues for a SEE Candidate Associate are $50. The status is good for a total of 3 years. Associates do not have voting rights and cannot hold elected office. Associates must follow the same CPE requirements for members and must abide by the Society s Code of Ethics and Rules of Professional Conduct. To receive the Associate discount; please complete a SEE Candidate Associate application, in addition to the SEE prep course registration form. The application follows this information on the website. Deadline: May 27, 2015 to register for all three parts or Part 1 only. **Early Bird discount ends May 8, 2015 Deadline for Part 2 only: August 29, 2015 Deadline for Part 3 only: July 25, 2015 Complete SEE Registration form and EA Candidate Associate application, if applicable. Scan and completed registration forms to [email protected], or fax copy to Candace Cansler at Fax: , or mail to: NCSEA-SEE Courses, PO Box 937, Conover NC Class Size Minimum class size per location - 5 Maximum class size per location 10 (Expanded class size will vary with location) Once classes are full, individuals will be placed on a waiting list and contacted at least one week before start of class to confirm availability. Some locations may offer an additional or different evening than listed. Course Dates Part 1 (5 weeks) Part 3 (3 weeks) Part 2 (10 weeks) Starts week of: June 8, 2015 July 27, 2015 August 31, 2015 Ends week of: July 6, 2015 August 10, 2015 November 16, 2015 (off week of Sept 7 th & Oct 15 th ) Testing Appointments Continuing Education Credits A two-week break after each part (between Parts 1 & 3 and Parts 3 & 2) is set-aside for you to sit for the corresponding part of the SEE IRS EA exam. Register and schedule Part 1, 2, or 3 of your SEE exam at Note: A separate fee is assessed by Prometric for each part of the test. NCSEA s 2015 Live SEE Prep Course Parts 1, 2 and 3 have been approved individually as Test Prep Programs for IRS Continuing Education. There is currently no IRS CE requirement for Tax Preparers who are not EAs. However, non-eas may receive up to 10 hours of voluntary IRS CE credits if attending all 3 parts. The non-ea may earn 3 hours CE for Part 1, 2 hours CE for Part 3, or 5 hours CE for Part 2. CPAs and Attorneys taking the course will have to contact their NC State board to see if the course qualifies.

3 Locations Asheville area Arden Charlotte Greensboro area Liberty Jacksonville Courses will be held in 8 conveniently located sites throughout North Carolina. Instructor: Marie Young, EA Family Center at Skyland Baptist Church 2115 Hendersonville Road Arden, NC Monday evenings 6 9 pm * Part 1 - Individuals June 8 July 6, 2015 Part 3 - Representation, Practice, and Procedures July 27 - August 10, 2015 Part 2 - Businesses August 31 November 16, 2015 (off week of Sept 7 th & Oct 12 th ) Instructor: Herman Whitfield JR, EA 2301 W. Morehead St. Charlotte, NC Wednesday 4 7 pm * Part 1 Individuals June 10 July 8, 2015 Part 3 Representation, Practice, and Procedures July 29 August 12, 2015 Part 2 Businesses September 2 November 18, 2015 (off week of Sept 7 th & Oct 12 th ) Instructor: Part 1 Alice Linville Parts 2 & 3 Tommy Hyatt Classes held at: Liberty Tax Service 102 N. Fayetteville St Liberty, NC Tuesday evenings 6 9 pm * Part 1 - Individuals June 9 July 7, 2015 Part 3 - Representation, Practice, and Procedures July 28 - August 11, 2015 Part 2 - Businesses September 1 November 17, 2015 (off week of Sept 7 th & Oct 12 th ) Instructor: Gary Boykin, EA 104 Barden St Jacksonville, NC Monday evenings 6 9 pm * Part 1 - Individuals June 8 July 6, 2015 Part 3 - Representation, Practice, and Procedures July 27 - August 10, 2015 Part 2 - Businesses August 31 November 16, 2015 (off week of Sept 7 th & Oct 12 th ) * An additional or different night may be available

4 Locations, cont. Raleigh Area Wake Forest Clayton Salisbury Winston-Salem Instructor: Lisa K. Eyrolles, EA Elite Tax & Financial 1241 S. Main St. Suite 17 Wake Forest, NC Tuesday evenings 6 9 pm * Part 1 - Individuals June 9 July 7, 2014 Part 3 - Representation, Practice, and Procedures July 28 - August 11, 2015 Part 2 - Businesses September 1 November 17, 2015 (off week of Sept 7 th & Oct 12 th ) Instructor: Mele Perrego, EA The Duncan Building 106 S. Lombard Street, Suite 103 Clayton, NC Wednesday evenings 6 9 pm * Part 1 - Individuals - June 10 July 8, 2015 Part 3 - Representation, Practice, and Procedures July 29 - August 12, 2015 Part 2 - Businesses - September 2 November 18, 2015 (off week of Sept 7 th & Oct 12 th ) Instructor: Darlene Lankford, EA Affordable Tax & Accounting Services, Inc. 918 Rowan Ave. Salisbury, NC Monday evenings 6 9 pm * Part 1 - Individuals June 8 July 6, 2015 Part 3 - Representation, Practice, and Procedures July 27 - August 10, 2015 Part 2 - Businesses August 31 November 16, 2015 (off week of Sept 7 th & Oct 12 th ) Instructor: Debbie Boose, EA Deborah Boose Accounting & Tax Services 514 S. Stratford Road, Suite 250 Winston-Salem, NC Monday evenings 6 9 pm * Part 1 - Individuals June 8 July 6, 2015 Part 3 - Representation, Practice, and Procedures July 27 - August 10, 2015 Part 2 - Businesses August 31 November 16, 2015 (off week of Sept 7 th & Oct 12 th ) * An additional or different night may be available

5 Instructors Deborah Boose, EA Deborah is a member of NCSEA and NAEA. In 2009, Deborah started her own business providing bookkeeping, payroll, and tax services for individuals, small business, and nonprofit entities. She has 15 year s experience in manufacturing cost accounting and over 20 year s experience in owning and operating a small business. She has taught classes in QuickBooks, bookkeeping, and practice management software. Deborah holds a BS in Computer Information Systems from High Point University. Gary Boykin, EA Gary is a member of NAEA, NCSEA, and NCSA. He earned an Associates Degree in Accounting from Coastal Carolina Community College in He began his career in taxation by working in his father s business in 1984 and purchased the business in He became an Enrolled Agent in He has served on the nominating committee for the NCSEA and was an Instructor for NCSEA SEE Prep Class in Lisa Eyrolles, EA - Lisa is a member of NCSEA, NAEA and NCSA. She currently serves as President of NCSEA. She studied math and accounting at Brevard Community College and University of Central Florida. After a 5-year career with H&R Block, she started her own business in She prepares individual and business tax returns along with tax planning and representation. Lisa is also a Life agent, selling life insurance and annuities. Lisa is a NTPI Fellow. She enjoys volunteering in the community and has been an Ambassador with the Wake Forest Chamber of Commerce for 2 years. She has been teaching since Darlene Lankford, EA Darlene is a member of NCSEA, NAEA, and NATP. She studied math and accounting at Brigham Young University. After a 10-year career with H&R Block, she started her own business in 1992 and expanded it to include accounting, corporate taxes, and representation. In 2001, with a business partner, she formed Affordable Tax & Accounting Services, Inc. She has 7 fulltime employees. Darlene has taught basic tax classes. She graduated August 2012 as a NTPI Fellow. She has held a Pilot s license for the past 5 years. Alice G. Linville, EA, ARA, ATA, ATP Alice is a member of NCSEA, NAEA, NATP, NSA and NCSA. She has served NCSEA in the capacities of Vice-President, Secretary and Director and most recently served as chairman of the NCSEA Outreach Committee. Alice is President of Triad Tax Service, Inc. and has been a tax professional since She became an Enrolled Agent in 2004 and serves both individual and business clients. She was awarded the Thurman E. Askew, Enrolled Agent, Memorial Award in Alice graduated with honors from Campbell University with a BS in Chemistry and held various professional positions in large corporations prior to becoming a tax professional.

6 Instructors, cont. Mele A. Perrego, EA Mele (pronounced May Lee) is a member of NCSEA, NAEA and NATP. She currently serves as Vice-president of NCSEA. She began her tax career in the late 70 s with Beneficial Income Tax Service and upon leaving became an Enrolled Agent in She built her own tax business at home while raising her children and continued to add services such as investments (through H.D. Vest) and mortgages (through Vertical Lend). In 2005, she sold a portion of her practice in New York. She relocated to Clayton, where she continues her practice. She has been teaching classes for NCSEA since Richard Reedman, USTCP, CFE, EA, FCPA, ABA/ATA - Richard is a current board member of NCSEA and is NAEA s President-Elect for the Governance Year. He has also served in various officer positions of the North Carolina Society of Enrolled Agents. Richard owns his own practice in North Raleigh specializing in Accounting, Tax Preparation, Representation (helping clients resolve complex tax issues) and fraud investigation. He became an Enrolled Agent in 1995 and was admitted to practice before the United States Tax Court in 2008 as a United States Tax Court Practitioner. He is also a Certified Fraud Examiner (Vice President of the Central Carolina Chapter of the Association of Certified Fraud Examiners) and a Forensic CPA. Richard has participated as a Team Leader with the NTPI program for the National Association of Enrolled Agents. Herman Whitfield JR, EA- Herman is a member of NCSEA AND NAEA. He earned a Bachelor s Degree in Business Administration from Mercer University in He worked for H&R Block for 8 years including as an Instructor. He also holds a North Carolina Accident & Health Insurance License. His EA license was obtained in He has been a VITA volunteer as a Site-Coordinator as well as a Quality Reviewer for the last two tax seasons. Marie Young, EA Marie is a member of NCSEA and NAEA, NATP, and NAA. She owns Accounting Professionals, Inc. in Asheville, NC. Her business provides complete financial services including bookkeeping, payroll, tax preparation, and tax representation. She serves as a board member for the National Association of Tax Practitioners. Marie is a national instructor for several foundations providing continuing education to other accountants, CPAs, and attorneys.

7 Guarantees -Online Continued Access -Replacement Guarantee Gleim is one of the leading providers of study and reference materials for the accounting industry. Gleim guarantees students will pass the EA exam on the first sitting using the Gleim EA Review System. Students may be eligible for 2 guarantees from Gleim. If you take and do not pass the EA exam part(s) within 12 months of purchasing the Gleim EA Review System, you may qualify for unlimited Continued Access to EA Gleim Online until you pass. To qualify for continued access, you must: Complete 90% of EA Gleim Online before sitting for the corresponding part(s) of the exam. This requirement can be satisfied by completing either 90% of each Gleim Online instructional element for all study units or by completing 90% of the Gleim Online study units in their entirety. Complete 90% of each question type. This includes multiple-choice and true/false questions. Sit for the purchased part(s) within 12 months of your purchase date. If you have to retake any part(s), you must retake the part(s) you did not pass within three months. Submit your grade report within 48 hours of receiving your grade. Miss no more than the total hours of one class (3 hours). This means you must attend a minimum of 12 hours for Part 1, 27 hours for Part 2, and 6 hours for Part 3 to qualify. Gleim guarantees that EA Gleim Online (whether purchased one part at a time or as part of the Gleim EA Review System) will remain current for at least 12 months from your purchase date. Continued Access will be provided on a per-part basis. Please note: Access to the NCSEA classroom instructor may be limited after the conclusion of the prescribed course schedule. All components of the Gleim EA Review System (whether purchased one part at a time or as a threepart set) will remain current for at least 12 months from your purchase date. Replacement materials will be provided on a per-part basis. The student will be responsible for the cost of shipping and handling only. To qualify for replacement materials, you must: Have purchased the Gleim EA Review System directly from Gleim or NCSEA. Have not passed the exam part(s). Have paid exam fees. Have completed at least 25% of the study units purchased for the exam part(s), including multiple-choice and true/false questions. Miss no more than the total hours of one class (3 hours). This means you must attend a minimum of 12 hours for Part 1, 27 hours for Part 2, and 6 hours for Part 3 to qualify. Please note: Access to the NCSEA classroom instructor may be limited after the conclusion of the prescribed course schedule.

8 Guarantees, cont. -Guarantee Procedure Cancellation/Refund Policy Requests for implementation of one of the Gleim guarantees above must be made in writing to the instructor. Documentation required will include, but is not limited to: Test Center (Prometric) appointment confirmation. Receipts for exam fee payments. Proof of current registration. A full refund will be granted if written request is received before materials are shipped. your refund request to Candace Cansler at [email protected]. Contact Us Forms Additional questions should be directed to Candace Cansler at [email protected] or call Address: P.O. Box 937, Conover, NC Go to for the following forms or click below for the links: Link: NCSEA SEE Prep Registration form Link: NCSEA SEE Candidate Associate application form. FAQs 1. Why should I become an EA? Becoming an EA shows you are reaching to the highest level in our profession. Enrolled Agent status is the highest credential the IRS awards Enrolled agents, like attorneys and certified public accountants (CPAs), are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent clients before. ( Enrolled Agent Information ) Becoming an EA will help you better serve your clients and potential clients. 2. What is the difference between the SEE and the RTRP test? The RTRP (Registered Tax Return Preparer) test has currently been suspended due to the recent decision in the Loving vs. IRS court case. The RTRP test was a minimal competency open book test. The SEE (Special Enrollment Examination) is a 3 part intensive and extensive test. It is not an open book test. The 3 parts of the SEE cover Individual Income Tax, Ethics, Business, Estates, Trusts, and Representation. By passing the SEE, an individual demonstrates their in-depth knowledge of tax matters. 3. What if I don t pass the Special Enrollment Exam (SEE)? Gleim provides guarantees that you will pass all three parts of the SEE provided you do your part in studying and attending classes. 4. Tell me about the Gleim guarantee? Gleim offers continued access to their online materials until you pass. There are certain participation requirements in order to qualify for the guarantees, which are outlined in an earlier section. See Guarantees section. 5. Is the course difficult? Yes. The course is very intensive. For success, all students should have sufficient prior knowledge and/or experience in taxation (see FAQ # 7) and be prepared to put in sufficient time and effort before classes to get the most.

9 FAQs, cont. 6. How much time should I plan to spend on study and preparation for each class? You should devote as much time as you need to review the study units including printed and online quizzes as well as IRS forms and publications. Most students find they need a minimum of at least 6 to 9 hours of preparation time each week before class to get the most out of each class to successfully pass each pert of the SEE. 7. Your postcard said that it is strongly recommended that a person have at least an intermediate knowledge of individual & business taxation. What do you mean by intermediate knowledge? And do I need to know how to prepare a business tax return to take the class? Having prepared business returns would certainly be advantageous but it is not a requirement for taking the class. We would define an intermediate knowledge of taxation as having at least a good working knowledge of: BASIS, DEPRECIATION, CAPITAL GAINS & LOSSES, CASH METHOD VS. ACCRUAL METHOD, SCHEDULE C, AMT 8. Why are the classes taught in the order Part 1, 3, and 2? Most students find Part 2 to be the most difficult part of the SEE. Taking it last allows you to successfully complete 2 of the 3 parts before focusing on the hardest part. It also allows you to take extra time, if needed, to prepare for Part 2 without falling behind on the other material. 9. Why should I take your class instead of taking an online prep class? All of our successful students agreed that attending the classes kept them focused and on a study schedule. They were less likely to procrastinate, get distracted or even give up. Interaction in the classroom can provide clarification that may be absent in the self-study environment. Attending a class with live instruction gives you the opportunity to learn from your instructor and classmates with additional information, examples, and real-life experiences. 10. What if I have to miss a class? Can I make it up or is there another class I could attend? You are more than welcome to attend another class at any of the locations where classes are offered. 11. Can I receive continuing education credits for participating in this class? The three parts of NCSEA s 2015 Live SEE Prep Program have been approved separately as Test Prep Programs for IRS Continuing Education for non-eas. While there is currently no mandatory IRS CE requirement for Tax Preparers who are not EAs, non-eas may receive up to 10 hours of voluntary IRS CE credits if they attend all 3 parts. Part 1 has been approved for 3 hours, Part 2 for 5 hours, and Part 3 for 2 hours. Test Prep Programs count towards Federal Tax Law CE. CE Providers may not offer more than 10 hours of CE for SEE Prep Programs for any individual. Enrolled Agents may not earn CE credits for SEE Prep programs. CPAs and Attorneys taking the course will have to contact their NC State board to see if the course qualifies. 12. When will I receive my Gleim material & online access? The Gleim material is shipped and online access is made available to the student once the class is confirmed. A class is generally confirmed when 5 or more students have registered for it. If you would like to receive your Gleim materials before the class is confirmed, please contact our administrator.