Learn about a tax topic on your own time, at your own pace. Study the course materials and pass the final test to earn continuing education credits.
Education Tax Benefits
Area: Federal Tax Law
Description:
This course examines the programs, credits, deductions, and federal income tax treatment of various items that affect saving for and financing an individual’s education.
EITC Due Diligence
Area: Federal Tax Law
Description:
This course presents an overview of the earned income credit (EIC) rules and the common errors uncovered by the IRS in connection with claims for the credit.
Last Revision: May 2021
Enrolled Agent Ethical Standards - Practices and Procedures
Area: Ethics
Description:
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
Federal Income Tax Changes 2021
Area: Tax Update
Description:
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...
Federal Response to the Coronavirus Pandemic
Area: Tax Update
Description:
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.
Last Revision: March 2021
Home-Office Deduction
Area: Federal Tax Law
Description:
This course examines the federal income tax deduction for business use of a home.
Revision Date: January 2020
Innocent Spouse Relief - From Application to Alleviation of Tax Burden
Area: Federal Tax Law
Description:
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.
Keeping Taxpayer Data Secure
Area: Federal Tax Law
Description:
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.
Practice Before the IRS
Area: Federal Tax Law
Description:
This course addresses the nature of practice before the IRS, identifies those permitted to engage in such practice and examines the power of attorney under which a taxpayer authorizes representation before the IRS.
Tax Treatment of Individual Retirement Arrangements
Area: Federal Tax Law
Description:
This course examines the taxation of individual retirement arrangements (IRAs). In so doing, it discusses traditional and Roth IRAs, addressing the federal rules concerning: contribution limits and tax treatment; tax treatment of traditional IRA distributions, including regular, early and lifetime r...
Tax Treatment of Life Insurance Proceeds
Area: Federal Tax Law
Description:
This course discusses the income tax treatment of death benefits and living proceeds from life insurance contracts. It considers the statutory definition of life insurance contained in Internal Revenue Code §7702 and the tax consequences of a life insurance contract’s failure to meet the definition....
Tax Treatment of Retirement Plans Pensions and Annuities
Area: Federal Tax Law
Description:
We discuss the federal income tax treatment and limitations related to qualified employee plan contributions and distributions, as well as commercial annuity contracts.
Revision Date: October 2021
Tax Treatment of Sickness and Injury Plans
Area: Federal Tax Law
Description:
This course addresses the tax treatment of plans designed to provide benefits upon the sickness or injury of a taxpayer. It examines the tax treatment of contributions to and benefits received under health insurance, health savings accounts (HSAs), Archer medical savings accounts (MSAs), health reim...
The § 199A Pass-Through Deduction
Area: Federal Tax Law
Description:
The Tax Cuts and Jobs Act of 2017 (TCJA), signed into law during the closing days of 2017, affects the tax planning and income tax liability for many taxpayers. Among those for whom the TCJA will have a more significant effect are business owners of pass-through trades or businesses who may be eligi...
