2025-26 Enrolled Agent Part-2 Businesses(1st Half) Questions
2025 - 26 Enrolled Agent (EA) Question Bank: Part-2 Businesses (1st Half)
2025-26 Enrolled Agent Part-2 Businesses(1st Half) Questions udemy course
2025 - 26 Enrolled Agent (EA) Question Bank: Part-2 Businesses (1st Half)
The 2025 - 26 Enrolled Agent (EA) Exam Question Bank Course for Part-2: Businesses (1st Half) is designed to provide comprehensive preparation for aspiring Enrolled Agents who aim to excel in their EA exams. This question bank focuses on critical business-related tax topics, which form a significant portion of the Enrolled Agent Exam Part 2. With a total of 550 carefully crafted multiple-choice questions (MCQs), each supported by detailed explanations, this course offers in-depth knowledge and practice that enables students to master the key areas tested in the exam.
This question bank covers five major topics essential for the EA Exam:
Business Entities, Accounting Periods, and Methods (126 Questions) – Dive into the various types of business structures, accounting periods, and methods crucial for understanding tax obligations and strategies. This section helps build foundational knowledge for accurately advising businesses.
Business Income and Expenses (138 Questions) – Learn the ins and outs of income recognition, deductible expenses, and business expense classifications. This section provides comprehensive coverage of reporting income and allowable deductions, vital for accurate tax preparation.
Employee Compensation, Benefits, and Business Deductions (125 Questions) – Explore the rules around employee wages, benefits, and other business deductions, covering everything from health benefits to retirement plans. This topic ensures you understand the treatment of compensation and associated deductions under IRS regulations.
Asset Basis, Depreciation, and Amortization Essentials (96 Questions) – This section clarifies asset basis, cost recovery, and amortization. It’s a must-study for anyone looking to handle business asset management and understand depreciation schedules, an area heavily tested on the EA exam.
Business Asset Disposition (65 Questions) – Gain insight into the treatment of gains, losses, and dispositions of business assets, ensuring you can advise on end-of-life asset management strategies.
Each practice test requires an 80% passing score, allowing you to assess your understanding and readiness for the real exam. The explanations provided with each answer offer valuable insights into why a particular option is correct, reinforcing key concepts and improving retention.
This course is designed not only as a preparation tool but also as a way to boost confidence and knowledge in business taxation. Whether you’re a beginner or a seasoned professional seeking to solidify your expertise, this question bank will serve as a crucial resource on your path to becoming a licensed Enrolled Agent.
