60-Hour Comprehensive Income Tax Course

Live Class Schedule in Richmond, VA

The Income Tax School has partnered with the University of Richmond’s School of Continuing Studies Office of Community and Professional Education to offer the Comprehensive Income Tax course on campus beginning Fall 2008.

The 60-classroom-hour Comprehensive Course constitutes the first two 30-hour sections of a six 30-hour course certificate program leading to the designation of Chartered Tax Professional - CTP®.

Location: University of Richmond School of Continuing Studies

Dates: New Session begins in Fall 2008

Days & Times: TBA

COMPREHENSIVE INCOME TAX COURSE

Course Description: Basic Part I & Intermediate Part II with a total of 20 Chapters, 3 Hours per Chapter. There are no entrance requirements.

This 20-lesson Course will give you a solid foundation in individual tax preparation, enabling you to complete all of the standard returns.

This Course focuses on the majority of tax forms needed to complete tax returns for yourself and the general public. In the Course you should acquire the knowledge and skills necessary to complete federal income tax returns and research tax issues. Because "practice makes perfect", the Course requires at least two tax returns prepared for most chapters.
With this knowledge, you can earn extra money as a tax professional

Course Materials/Resources:

Comprehensive Income Tax Course Manual, by Peoples Income Tax

Federal income tax reference material

Certificate of Achievement upon completion

Hands-on training from veteran tax preparers

Teaching Method: Live - Group Class or Online Class

Tuition & Registration:

Availability: This Course is available now for the 2007 Tax Law (a tax law update is available at year-end when the new 2008 tax law has been finalized)

CPE Credit Eligibility: 60 hours of CPE Credit

Topics Include:

Electronic Filing

W-2 & 1099 Forms

Form 1040 (1040 EZ/A)

Interview Techniques

Filing Requirements

Filing Status

Exemptions & Dependents

Earned Income Tax Credit

Due Diligence

Child Care & Tax Credits

Interest & Dividends

Other Income

Adjustments to Income

Moving Expenses

Itemized Deductions

Employee Business Expenses

Sale of Real Estate

Depreciation: MACRS & ACRS

Self-Employment

Rental Property

Capital Gains & Losses

Alternative Minimum Tax

Education Expenses & Plans

IRAs & Retirements Plans

Ethics

Kiddie Tax

Taxpayer Relief Act of 1997

Tax Saving Ideas

University of Richmond tax class tuition and registration

Advanced tax course available online