Individual Tax Fundamentals Course

Learn Individual Tax Return Preparation

This course is an individual tax return preparation course for new tax preparers.

Overview

The course is a beginning individual tax return preparation course that provides clear and concise explanations of individual tax preparation laws, rules, and regulations. The course covers core individual tax return concepts, processes, and procedures individual tax return preparers should comprehend to prepare individual tax returns.

Length

The course is a fourteen-week course (one session per week). However, the course is an online, self-study, self-paced course. Therefore, the length of the course is determined by the time you dedicate to the course and your knowledge and understanding of individual tax return preparation.

Course Access

When you purchase the course, we email course access and instructions to the email you provide. If you don't receive the email, please check your Junk Mail.

If you purchase the course after 5:00 pm MT (4:00 pm PT, 6:00 pm CT, 7:00 pm ET), we email course access and instructions the next business day. We are closed on weekends and major holidays.

The access code provides you access to the course for 6 months beginning from the time you access the course.

Course Agenda, Materials, Steps, and Fee

Agenda

• Chapter 1 - An Introduction to Tax
• Chapter 2 - Tax Compliance, the IRS, and Tax Authorities
• Chapter 3 - Tax Planning Strategies and Related Limitations
• Chapter 4 - Individual Income Tax Overview, Dependents, and Filing Status
• Chapter 5 - Gross Income and Exclusions
• Chapter 6 - Individual Deductions
• Chapter 7 - Investments
• Chapter 8 - Individual Income Tax Computation and Tax Credits
• Chapter 9 - Business Income, Deductions, and Accounting Methods
• Chapter 10 - Property Acquisition and Cost Recovery
• Chapter 11 - Property Dispositions
• Chapter 12 - Compensation
• Chapter 13 - Retirement Savings and Deferred Compensation
• Chapter 14 - Tax Consequences of Home Ownership

Materials

• eTextbook (digital)
• Pre-assessment test
• On-demand video instruction
• Quizzes
• Exercises
• Problems
• Instructor support
• Post-assessment test
• 28 CPE credits

Steps

1. Take pre-assessment test
2. Watch chapter video
3. Read textbook chapter
4. Complete chapter exercises
5. Complete chapter problems
6. Take chapter quiz
7. Request instructor support
8. Take post-assessment test

Fee