An erratically updated blog of moments in time with the Davis Family, starring Tom, Renee, Liesel, Conor, their friends and family, and unsuspecting passers-by...

Tuesday, July 3, 2007

I Feel Like I Am In School Again

I graduated with my BS and MAcc almost 15 years ago, the same week Liesel was born. I decided well before I graduated that I was going to get all of my education done at one time - none of the "I'll go back later" syndrome that has plagued more than one person in my family. And because, though I enjoy learning, I don't like studying for exams just to regurgitate information that I am going to forget not long after leaving the exam. And, the thing that I dislike even more is not knowing how I did, especially when I had too much time to think about how I did and all things I don't think I answered correctly. Though I am not sure which is worse - not knowing for a period of time or going into the exam thinking, as soon as this is over, my day could be ruined!

When I returned to Public Accounting last year, I decided to become an Enrolled Agent so the IRS would speak to me (though one sided conversations can be interesting, they are of little use when speaking to the IRS). I had considered doing this years ago, but somehow I got it in my head that it wasn't offered anymore, and apparently I didn't do enough research. There are three sections to the exam - Individuals, Business and Representation. I took and passed Representation a few months ago - the study guide was rather short and I knocked it out in a couple weeks. Individuals took a bit longer - because I procrastinated long enough that tax season became a good reason not to have the time to study. So my goal this summer, before school starts again, is to finish the last two.

Today I PASSED the Individuals section! Two down and one to go...

Tomorrow I start studying for the final section, and I have until the first week of August to learn everything there is to know about taxation of businesses...

1 comment:

Anonymous said...

EGADS! Everything about business taxation?????? Everything???? How will you find time to talk to me?? :(