Description: 10 Chapters, 3 Hours per Chapter Prior tax preparation experience/knowledge is required. This Course is designed to enhance the knowledge and experience of tax practitioners. Students normally enroll in this Course after completing the 10-week Comprehensive Income Tax Class and working at least one season as a tax preparer. This Course will give you the confidence to take on more complex returns by reinforcing your existing tax knowledge and building on it. This Course is also suitable for a veteran preparer who needs to refresh his/her skills. If you are an enrolled agent, accountant, lawyer, financial planner, business owner, experienced tax preparer, or just interested in increasing your tax knowledge, the Advanced Course will enable you to prepare more complex individual tax returns. This Course provides the critical education and knowledge which make the graduates more competent and successful than their competitors.
Course Materials/Resources: Advanced Income Tax Course Manual, by The Income Tax School Federal income tax reference material Certificate of Achievement upon completion Hands-on training from veteran tax preparers
Teaching Method: Online
Availability: Our current courses are based on last years tax law because this years tax code is not finalized until December. We provide all students with a free Tax Law Update once the IRS issues updates. Term: 4 months from date of registration.
CPE Credit Eligibility: 30 hours of CPE Credit
Topics Include: Earned Income Credit Clergy Investments At Risk Rules Passive Activities Injured/Innocent Spouse Tax/Special Credits COGS/Business Start-Up Depreciation Amortization Section 179 Employee Business Expense Office in Home | Auto Expenses Self-Employment Tax Statutory Employees Capital Gains/Losses Basis of Property Sale of Stock Installment Sales Rental Properties K-1s/1099s Sale of Business Property Estimated Taxes Extensions |
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