Chartered Tax Professional (CTP) Certificate Program (Test Copy)

« Back to Blog Home | Posted in Misc | January 24, 2018

CTP® Certificate Program Includes:

nnA series of five Income Tax Courses totaling 180 hours must be completed within 18 months. Plus, there is a 500-hour experience requirement. Study anywhere/anytime with an Internet connection.nn

Comprehensive Tax Course – 60 hours

Advanced I Tax Course – 30 hours

Advanced II Tax Course – 30 hours

Small Business I Tax Course – 30 hours

Small Business II Tax Course – 30 hours

nnAfter completing the first tax course, you’ll have enough tax knowledge to start working towards your 500-hour experience requirement. Plus, you can start earning money!nn

No prerequisites

FREE academic support provided by email

Automatic grading with instructional feedback

Includes hard copy booksnn
- The cost of this program includes books and shipping costs. Certificate program students will receive hard copy books for easy reference while completing the course. Additional shipping costs per course will apply if books are shipped outside the lower 48 states.
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Certificate of Completion awarded for the successful completion of each coursennnn
- nnITS students must have a 70% minimum grade average to pass each individual course.
- Chartered Tax Certificate students are held at a higher standard and must have an average grade of 80% or higher within the program to earn a Chartered Tax credential.
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Chartered Tax Professional Certificate of Completion awardednnnn
- Certificate students must have an average grade of 80% or better within the program and fulfill the 500-hour experience requirement to achieve the designation.
- A printed certificate suitable for framing will be mailed upon successful completion of all five courses, plus the experience requirement.
- Learn more about the experience requirement
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Annual CE Requirement for Chartered Tax Certificate Graduatesnnnn
- To maintain the CTP® designation, CTP® graduates must complete a total of 15 hours of CE annually upon completion of the program (9 hours federal tax law, 3 hours ethics, 3 hours federal tax law updates)
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FREE AFTR Course (One time, upon completion of the Comprehensive Tax Course)nnnn
- 6-hr Annual Federal Tax Refresher Course (when available)
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CTEC and OBTP Approvednn
- State material available for California and Oregon
- Upon successful completion of the Comprehensive Tax Course, we will notify CTEC and OBTP
- CA Comprehensive Tax Coursenn
  - CTEC Qualifying Education Course ID 1071-QE-1004
  - 45-Hours of Federal CE and 15-Hours of CA State CE
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View our credentials

Optional Additions:

Thinking of starting your own tax business?nnAdd our Guide to Start & Grow Your Successful Tax Business:nnFor only $100 more(plus $9.97 shipping), you’ll get the following guide to help you start your own tax business…nn
- Topics Include:
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  - Learning Tax Preparation & Obtaining Credentials
  - Developing a Business Plan
  - Risk Management
  - Getting Started as a Tax Business Owner
  - Establishing Your Tax Office
  - Tax Office Operating Systems
  - Buying a Tax Practice
  - Marketing Planning
  - Pricing Your Services
  - Mass Media Advertising
  - Digital Marketing
  - Your Website
  - Social Media Marketing
  - Neighborhood Marketing
  - Client Retention Strategies
  - Recruiting & Training Tax Preparers
  - Employee Pre-work Training
  - Motivating & Retaining Employees
  - Continuing Education
  - Diversification for Year-round Revenue
  - IRS Circular 230, Due Diligence & Fraud Protection
  - Helping Your Client Deal with the IRS
  - Peer Support & Tax
  - Professional Associations
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Term of Programnn

18 months from date of registration to complete the course.nn
- Extensions can be purchased if more time is needed.
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Updated Contentnn

Our current courses are based on last year’s tax law because this year’s tax code is not finalized until December. We provide all students with a free Tax Law Update once the IRS issues updates.

Course 1: Comprehensive Tax Course

A total of 20 chapters, 3 hours per chapter

There are no entrance requirements

This course will enable you to prepare individual tax returns for the general public, including individual taxpayers who operate sole-proprietor businesses. At the completion of the course, you will be able to complete most individual non-business and small business (self-employed/Schedule C) tax returns and research tax issues.

Topics Include:

nnView course topics by modulenn

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

Itemized Deductions

Employee Business Expenses

Sale of Real Estate

Depreciation

Self-Employment

Rental Property

Capital Gains & Losses

Alternative Minimum Tax

Education Expenses & Plans

IRAs & Retirements Plans

Ethics

Kiddie Tax

Tax Saving Ideas

Same Sex Marriage

Affordable Care Act

Tax Law Updates

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Upon successful completion of this course, you will be able to

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- Practice as a qualified tax professional
- Conduct a professional tax preparation client interview
- Prepare tax returns for most individual U.S. taxpayers
- Complete Schedules C-EZ, C and E
- Determine a tapayer’s eligibility for credits and deduct
- Compute depreciation for assets and eligibility for Section 179
- Accurately calculate a taxpayer’s refund or balance due
- Advise a taxpayer in tax planning strategies
- Meet the IRS e-file and due diligence requirements for tax practitioners
- Understand the ethical responsibilities of tax professionals
- Save money on your personal taxes and preparation fees
- Become a California CTEC Registered Tax Preparer or an Oregon Licensed Tax Preparer if you complete the state supplement with this course for that specific state.
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Course 2: Advanced I Tax Course

10 Chapters, 3 Hours per Chapter

Prior tax preparation experience/knowledge is required.

Students normally enroll in this Course after completing the Comprehensive Tax Course and working at least one season as a tax preparer. This course will provide continuing study in tax preparation for individual taxpayers. At the completion of the course, the student will have the confidence to take on more complex returns and research more complicated tax issues by reinforcing your existing tax knowledge and building on it.

Topics Include:

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- 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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Course 3: Advanced II Tax Course

Topics Include:

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- Amended Tax Returns for Individuals
- Special Needs and Concerns of Seniors
- Tax Issues for High Income Taxpayers
- Net Operating Losses
- Schedule D – Special Issues
- Tax Issues for Divorced Taxpayers
- Tax Planning Tips and Strategies
- Responding to the IRS
- Part-year Resident State Tax Preparation Principles
- Nonresident Alien Returns – Form 1040NR
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Course 4: Small Business I Tax Course

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- 10 Chapters, 3 Hours per Chapter
- Prior tax preparation experience/knowledge is required
- If you are comfortable with your knowledge of individual tax return preparation, the next step is Small Business I Income Tax Course.
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Topics Include:

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- Business Types
- Accounting Methods
- Financial Statements
- Business Income
- Schedule C
- COGS/Inventory
- Depreciation
- Section 179
- Deduction
- Contractor vs. Employee
- Sale of Business Property
- Partnerships
- Corporations – C, S, LLC
- Employee Taxes
- Excise Taxes
- Extensions
- Estimates
- Employee Benefits
- Retirement Plans
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Course 5: Small Business II Tax Course

10 Chapters, 3 Hours per Chapter

Prior tax preparation experience/knowledge is required.

If you are comfortable with your knowledge of individual tax return preparation, the next step is Small Business II Income Tax Course.

Topics Include:

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- Understanding the Balance Sheet
- Partnership Issues
- Corporation Issues
- General Business Credits
- Tax Issues Related to FringeBenefits
- Sale or Liquidation of Business
- Profit or Loss From Farming – Schedule F
- Amended or Corrected Business Returns
- What to Do When You Owe the IRS
- Tax Practitioner Regulations & Penalties
- Tax Research
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