This Tax Preparation Course is designed to help you successfully start up your own tax business and give you the knowledge, tools, and skills needed to fulfill the IRS requirements. This course will give you a basic understanding of tax law and practice, and discuss the rules and regulations needed to prepare a Federal Individual Income & Small Business Tax Return for the general public.
This course will be a challenge and will require hard work on the student’s part! Upon completion of this course, all students should have the necessary skill sets and confidence to prepare a variety of individual and small business tax returns, be able to answer taxpayers questions, research tax issues, laws, & publications, and know how to successfully operate your own tax office.
Example Curriculum
- Customer Service in the Tax industry (8:23)
- Circular 230 - Professional Responsibility and Ethical Obligations of a Tax Preparer (3:25)
- Who Can Practice Before the IRS??? (11:41)
- Due Diligence & Record Keeping (13:56)
- The Interview Process & Client Intake Form
- Understanding Tax Laws & Regulations
- Important Tax Dates & Deadlines (3:06)
- Important Resources (0:09)
- Module 2 Practice Quiz
- Module 2 Class Recording - 10/30/2024 (142:42)
- Introduction on Federal Individual Income Taxes
- Form 1040 Overview (21:28)
- Tax Schedules that attach to Form 1040
- Standard Deduction vs Itemized Deductions (11:02)
- Tax Credits and Deductions
- Amending a Tax Return (13:47)
- Module 4 -Important Resources (0:08)
- Module 4 Practice Quiz
- Module 4 Class Recording - 11/13/2024 (104:18)