IRS Exam Content Released

September 21, 2011 – 1:33 pm

The IRS has released details on the competency exam many tax professionals will be required to take. The high-level content breakdown includes:

15% Domain 1: Preliminary Work and Collection of Taxpayer Data
22% Domain 2: Treatment of Income and Assets
22% Domain 3: Deductions and Credits
11% Domain 4: Other Taxes
10% Domain 5: Completion of the Filing Process
5% Domain 6: Practices and Procedures
15% Domain 7: Ethics – Circular 230 Subparts A, B, and C (excluding D, E)

You can find more details at: http://www.irs.gov/newsroom/article/0,,id=245207,00.html

http://www.irs.gov/taxpros/article/0,,id=243833,00.html

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