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Financial planners help people plan their finances in light of their income and assets. This involves programs for investments. Some planners work on their own and offer workshops that teach people how to handle their own finances. Other planners run businesses or are employed by insurance companies and financial service companies (e.g., investment services companies, investment banks and commercial banks) and sell their company's financial products. Such products might include family budgeting schemes, mutual funds, individual retirement accounts (IRAs), insurance, real estate, or tax-sheltered investment plans. ...
the IRS will want to know you have an understanding of the transactions between a business and its’ owners. Specific areas that frequent the EA test are transactions between partners and partnerships, and property transactions between shareholders and corporations. In our enrolled agent course, and on the EA exam, you can safely assume any reference to a “corporation” refers to a C corporation, unless indicated otherwise. The following tips can help give you an edge on exam day. Please review them carefully. For this discussion, we will focus on corporations. An important area to ... Read More
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