Individual Tax Fundamentals

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

Take pre-assessment test
Watch chapter video
Read textbook chapter
Complete chapter exercises
Complete chapter problems
Take chapter quiz
Request instructor support
Take post-assessment test

Fee