This course reviews the impact of the tax acts that led up to 2019, and then the 2020 legislation that altered and added important factors dealing with retirement funds. This course goes over the 2020 guidance for preparing taxes.
Successful completion of the 2021 Annual Federal Tax Refresher (AFTR) Course counts toward the voluntary annual requirement for obtaining an IRS Annual Filing Season Program (AFSP) Record of Completion for the 2022 filing season.
To be eligible for an AFSP Record of Completion, p...
The American Rescue Plan Act of 2021 (ARPA) was signed into law in March 2021, as an economic stimulus bill to provide additional relief for the continued impact of COVID-19. This webinar provides an overview of the federal tax provisions in the ARPA.
This course examines enrolled agent conduct standards with respect to professional practice. It identifies the individuals who may practice before the IRS and defines the term “practice before the Internal Revenue Service".
Revision Date: January 2020
Each year, various limits affecting income tax preparation and planning change. Some changes commonly occur each year as a result of inflation indexing, while others occur because of new legislation or the sunsetting of existing law. This course will examine the tax changes that took effect as a res...
This course provides a general review of the principal provisions of the CARES Act and of other federal tax-related stimulus legislation passed during 2020, including a discussion of the American Rescue Tax Plan Act (ARPA) that became law on March 11, 2021.
There is more to preparing a U.S. Corporation Income Tax Return (Form 1120) than just completing the forms. This course provides a tax practitioner with a better understanding of corporate tax concepts, tax methods, and common adjustments to taxable income. In addition, this course provides a proces...
It’s important for the tax preparer to recognize the difference between a “For-Profit” Business and a Hobby under IRC §183. In addition to learning how to tell the difference, you will also learn how to report hobby income that has no profit motive.
This course concentrates on how being ethical costs you time, money, and friends. This course is informative and provides you with the necessary tools and knowledge to protect yourself and your practice.
Spouses filing joint returns are joint and several liable for any resulting taxes. This liability follows both spouses until paid, even if the spouses later divorce. Innocent spouse relief provides the opportunity to escape joint and several liability in certain circumstances.
In this course, tax preparers are introduced to the problem of cybercrime and its costs, offered methods that can be expected to reduce the chances of becoming a cybercrime victim, and informed of proper steps to take if they do become victims of cybercrime.