Current for the 2026-2027 EA examPSI scheduling update
EA Exam Part 2 / Business Entities and Considerations

Business Employment and Information Returns

Learn the decision pattern the exam can test, then apply it to a realistic taxpayer fact pattern.

By Jordan AshbyUpdated August 13, 2026Official IRS source below
Part 2Businesses
30 of 85questions in this domain
One decisionto practice before moving on

What changes the answer?

A contract or worker preference does not override the substance of control and relationship facts.

A tax-practice scenario

A business hires remote workers, pays vendors, and reimburses owners. Classify each relationship and payment before choosing forms.

How to approach it

Identify the taxpayer, entity, transaction, and tax period first. Write the controlling tests in order, apply only the relevant facts, and keep the reporting result separate from any planning recommendation.

Do not take this shortcut.

Deciding W-2 versus Form 1099 solely from where the person works.

Turn the rule into recall.

Use a worker-control file and year-round payment coding rather than a January-only form review.

  1. ExplainState the governing distinction without notes.
  2. ApplyChange one fact in the scenario and predict the new result.
  3. RetrieveAnswer an unseen question, then review every option.

Official source and scope

This lesson follows the current PSI content outline and uses the IRS reference below for the underlying tax or practice framework. Always confirm current forms, instructions, thresholds, and effective dates before advising a taxpayer.