The Income Tax School (ITS) is the national standard for tax preparation training and provides e-learning to tax, accounting and financial services professionals. ITS also publishes student textbooks and instructor guides for classroom instruction by firms that provide in-house tax preparation courses, as well as colleges and career schools.
ITS is certified as a private career school by the State Council of Higher Education for Virginia (SCHEV). The School currently offers more than 40 online income tax preparation training programs nationwide, ranging from 3-hour Continuing Education (CE) seminars to 30-80 hour courses, as well as the prestigious ITS Chartered Tax Certificate Programs.
In addition to tax preparation training, The Income Tax School also offers a Career Center, Tax Practice Management manuals and webinars to help people get into the tax preparation industry and assist those who are already in the tax business.
Originally developed in 1989, The Income Tax School began as a way to meet the tax training needs of Peoples Income Tax, Inc. a tax preparation firm with multiple offices located in Richmond, Virginia. Chuck McCabe, President and CEO of Peoples Income Tax, knew from past experience that it’s difficult to find qualified tax preparers on a seasonal basis. After working as Regional Director for a leading national firm for nearly 20 years, he knew training tax preparers in-house or “growing your own tax preparers” was the best solution.
Starting in 1993, ITS made its tax school materials available to individual students as a way to learn taxes through correspondence instruction and also began offering businesses a turn-key system to train qualified seasonal and year-round tax preparers in-house through live classes. In 2003, ITS launched its online tax school with a learning management system (LMS) and now teaches tax education to students nationwide and beyond. ITS also offers online tax training to businesses wanting to train their own students in-house. Many students are beginners who are learning taxes for the first time. However, ITS also has EAs and CPAs that take courses and seminars for Continuing Professional Education.