Course curriculum

  • 1

    Basic Terminology

    • Intro and Basics

    • 1040 Overview and the Tax Formula

    • Who Must File

    • Filing Status

    • Review Questions: Filing Status 2Day

    • W-2 Overview

    • Dependents
  • 2

    Credits (Refundable & Non-Refundable)

    • Intro to Credits

    • Child Tax Credit (CTC)

    • Earned Income Credit

    • Education Credits and Deductions

    • Due Diligence in Tax Preparation

    • Paid Preparer Due Diligence

    • Dependent Care Credit

    • Retirement Savings Contribution Credit
  • 3

    Intro to Income and Earned Income Items

    • Intro to Income and Source Docs

    • Taxability of Earnings & Unemployment

    • Self-Employment Income
  • 4

    Retirement Income (Unearned)

    • Retirement Income

    • Social Security
  • 5

    Investment Income (Unearned)

    • Interest and Dividends

    • Capital Gains
  • 6

    Deductions: Itemized & QBI

    • Itemized Deductions

    • Overview of QBI deduction and Form 8995
  • 7

    House Keeping

    • IRS E-File

    • What Can Go Wrong

    • IP PIN

    • IRS e-file and Bank Products
  • 8

    Provide Feedback & Request Your Hours be Reported to the IRS

    • Forms Coming Soon Once 3 New IRS Training is Updated in December.
  • 9

    Annual Inflation Adjustments

    • Annual Inflation Adjustments
  • 10

    New Standard Mileage Rate

    • New Standard Mileage Rate
  • 11

    Retirement – RRC – Charitable Updates

    • Retirement – RRC – Charitable Updates
  • 12

    Current Status of Tax Extenders

    • Current Status of Tax Extenders
  • 13

    ARP Act

    • ARP Act
  • 14

    Form 1040-X e-File

    • Form 1040-X e-File
  • 15

    TaxPro Docs – Virtual Document Capture

    • TaxPro Docs – Virtual Document Capture

    • Remote Signature – Text & Email
  • 16

    Internal Forms & Procedures

    • Internal Forms & Procedures