Training Programs Accounting Chartered Tax Professional
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Chartered Tax Professional

Learn to prepare individual tax returns for almost all U.S. taxpayers! With this innovative course, you can start working and earning money while completing your course work.

become-a-tax-advisor
$1,895.00 (USD)

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Overview

Objective

Outline

  1. Individual Income Tax Preparation
    1. Comprehensive Income Tax Course
      1. Electronic Filing
      2. W-2 and 1099 Forms
      3. Form 1040 (1040 EZ/A)
      4. Interview Techniques
      5. Filing Requirements
      6. Filing Status
      7. Exemptions and Dependents
      8. Earned Income Tax Credit
      9. Due Diligence
      10. Child Care and Tax Credit
      11. Interest and Dividends
      12. Other Income
      13. Adjustments to Income
      14. Moving Expenses
      15. Itemized Deductions
      16. Employee Business Expenses
      17. Sale of Real Estate
      18. Depreciation: MACRS and ACRS
      19. Self-employment
      20. Filing Requirements
      21. Rental Property
      22. Capital Gains and Losses
      23. Education Expenses and Plans
      24. Education Tax Benefits
      25. IRAs and Retirements Plans
      26. Ethics
      27. Kiddie Tax
      28. Taxpayer Relief Act of 1977
      29. Tax Saving Ideas
      30. Alternative Minimum Tax
      31. Office-in-Home
      32. Injured and Innocent Spouse
      33. Penalties
      34. Extension
      35. Amended Returns
    2. Advanced Income Tax Course: Level I
      1. Earned Income Credit
      2. Clergy
      3. Investments
      4. At-risk Rules
      5. Passive Activities
      6. Injured and Innocent Spouse
      7. Tax Credits, Special Credits
      8. COGS, Business Start-up
      9. Depreciation
      10. Amortization
      11. Section 179
      12. Employee Business Expense
      13. Office in Home
      14. Auto Expenses
      15. Self-employment Tax
      16. Statutory Employees
      17. Capital Gains and Losses
      18. Basis of Property
      19. Sale of Stock
      20. Installment Sales
      21. Rental Properties
      22. K-1s and 1099s
      23. Sale of Business Property
      24. Estimated Taxes
      25. Extensions
    3. Advanced Income Tax Course: Level II
      1. Amended Tax Returns for Individuals
      2. Special Needs and Concerns of Seniors
      3. Tax Issues for High-income Taxpayers
      4. Net Operating Losses
      5. Schedule D: Special Issues
      6. Tax Issues for Divorced Taxpayers
      7. Tax Planning Tips and Strategies
      8. Responding to the IRS
      9. Part-year Resident State Tax Preparation Principles
      10. Nonresident Alien Returns: Form 1040NR
  2. Small Business Income Tax Preparation
    1. Small Business Income Tax Course: Level I
      1. Introduction to Small Business Tax Preparation
      2. Business Types
      3. Accounting Methods
      4. Financial Statements
      5. Business Income
      6. Schedule C
      7. COGSand Inventory
      8. Depreciation
      9. Section 179 Deduction
      10. Contractor vs. Employee
      11. Sale of Business Property
      12. Partnerships
      13. Corporations: C, S, LLC
      14. Employee Taxes
      15. Excise Taxes
      16. Estate Taxes
      17. Extensions
      18. Estimates
      19. Employee Benefits
      20. Retirement Plans
    2. Small Business Income Tax Course: Level II
      1. Understanding the Balance Sheet
      2. Partnership Issues
      3. Corporation Issues
      4. General Business Credits
      5. Tax Issues Related to Buying a Business
      6. Sale or Liquidation of Business
      7. Profit or Loss From Farming: Schedule F
      8. Amended or Corrected Business Returns
      9. What to Do When You Owe the IRS?
      10. Tax Preparation for Non-profits: 501(c)(3), 501(c)(4), 501(c)(6), etc.

Requirements

Prerequisites

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