Some of the topics include:
Business Entities
Tax-exempt companies and associations
Elections for type of entity
Accounting periods (tax year)
Accounting methods
Basis
Corporations in general
Personal service corporations
S corporations
Specialized Returns
Debt discharge
Business income
Business expenses, deductions and credits
Employment taxes
Record-keeping requirements (mileage log, cell phone usage, accountable plans)
Related party transactions
Trust and estate income tax
Qualified plans
Farmers & Farm inventory
Depreciation
And much more!
For Enrolled Agent Examinations administered from May 2009 to February 2010, the 2008 tax year will be tested. There will be no testing available in March or April and the new year will be introduced each May.