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**This course is now expired and no longer qualifies for IRS CE Credit. To avoid study material confusion, the course materials and final exam have been removed from this course.

Course Syllabus

Course Description
This self-study course discusses various types of income and will explain which income is and is not taxed. Though this basic tax course does not require any prerequisites, its recommended target audience is for existing Enrolled Agents, however anyone may take this course. This course provides 5 CE credits in the IRS Federal Tax Law category.

Learning Objectives

• Recall what types of compensation are included as income for tax purposes.
• Recognize what tips should be included in income for tax purposes.
• Recall the proper tax treatment for various types of interest.
• Identify the proper treatment of various types of dividends.
• Recognize the proper treatment of rental property income and expenses for tax purposes.
• Identify various requirements regarding retirement plan taxation.
• Recognize key taxation thresholds related to social security income.
• Identify the taxability of various types of other income.

Course Assignments

• Study each Chapter
• Answer review questions at the end of each chapter
• Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 25 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.

Course Materials:

• <Course Materials Removed (Out-dated)>

**This course is now expired and no longer qualifies for IRS CE Credit. To avoid study material confusion, the course materials and final exam have been removed from this course.

Course Syllabus

Course Description
This self-study course discusses investment gains and losses, including how to figure your basis in property. A gain from selling or trading stocks, bonds, or other investment property may be taxed or it may be tax free, at least in part. A loss may or may not be deductible. These chapters also discuss gains from selling property you personally use – including the special rules for selling your home. Though this basic tax course does not require any prerequisites, its recommended target audience is for existing Enrolled Agents, however anyone may take this course. This course provides 2 CE credits in the IRS Federal Tax Law category.

Learning Objectives

• Identify the factors to consider in calculating the basis of property.
• Recognize the taxability of the sale of personal use property.
• Identify the special tax rules related to selling your home.
• Recall the capital gain rates for the current year.

Course Assignments

• Study each Chapter
• Answer review questions at the end of each chapter
• Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 10 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.

Course Materials:

• <Course Materials Removed (Out-dated)>

**This course is now expired and no longer qualifies for IRS CE Credit. To avoid study material confusion, the course materials and final exam have been removed from this course.

Course Syllabus

Course Description
This self-study course discusses some of the adjustments to income that you can deduct in figuring your adjusted gross income. Also discussed are contributions made to traditional individual retirement arrangements (IRAs), moving expenses, alimony paid, educator expenses, student loan interest, and tuition and fees paid. Though this basic tax course does not require any prerequisites, its recommended target audience is for existing Enrolled Agents, however anyone may take this course. This course provides 5 CE credits in the IRS Federal Tax Law category.

Learning Objectives

• Recall the thresholds, requirements, and additional taxes related to individual retirement arrangements.
• Recognize what is and is not alimony.
• Identify education-related adjustments that can be made to income.
• Identify what business-related expenses associated with travel, transportation, and gifts are deductible.

Course Assignments

• Study each Chapter
• Answer review questions at the end of each chapter
• Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 25 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.

Course Materials:

• <Course Materials Removed (Out-dated)>

**This course is now expired and no longer qualifies for IRS CE Credit. To avoid study material confusion, the course materials and final exam have been removed from this course.

Course Syllabus

Course Description
This self-study discusses the standard deduction, itemized deduction, and the limit on some of your itemized deductions if your adjusted gross income exceeds certain amounts. Itemized deductions are deductions for certain expenses that are listed on Schedule A (Form 1040). Though this basic tax course does not require any prerequisites, its recommended target audience is for existing Enrolled Agents, however anyone may take this course. This course provides 7 CE credits in the IRS Federal Tax Law category.

Learning Objectives

• Recall the standard deduction amounts for the current year.
• Recognize the deductibility characteristics of medical and dental expenses.
• Recognize what taxes you can deduct if you itemize deductions.
• Recall what types of interest you can and cannot deduct.
• Recall the types of charitable contributions you can deduct and the records you should keep.
• Recall the tax treatment of personal casualty and theft losses.
• Identify types of other itemized deductions allowable to reduce adjusted gross income.
• Identify the rules in the TCJA related to claiming a deduction for “qualified business income.”

Course Assignments

• Study each Chapter
• Answer review questions at the end of each chapter
• Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 35 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.

Course Materials:

• <Course Materials Removed (Out-dated)>

**This course is now expired and no longer qualifies for IRS CE Credit. To avoid study material confusion, the course materials and final exam have been removed from this course.

Course Syllabus

Course Description
This self-study explains how to figure your tax and how to figure the tax of certain children who have unearned income. Also discussed are various tax credits that, unlike deductions, are subtracted directly from your tax and reduce your tax, dollar for dollar, earned income credit, and a wide variety of other credits. Though this basic tax course does not require any prerequisites, its recommended target audience is for existing Enrolled Agents, however anyone may take this course. This course provides 3 CE credits in the IRS Federal Tax Law category.

Learning Objectives

• Recognize various alternative minimum tax adjustments and preference items.
• Recall the rules related to the tax on unearned income of certain children.
• Recall how to figure the child and dependent care credit.
• Identify who qualifies to take the credit for the elderly or disabled.
• Recall the limits of the child tax credit.
• Identify the requirements for and benefits of the American opportunity credit and the lifetime learning credit.
• Recall the limit of investment income to qualify for the earned income credit.
• Recognize who is eligible to claim the premium tax credit.
• Identify various nonrefundable and refundable credits available for income tax purposes.

Course Assignments

• Study each Chapter
• Answer review questions at the end of each chapter
• Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 15 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.

Course Materials:

• <Course Materials Removed (Out-dated)>

Course Syllabus

Course Description
This course examines tax preparer conduct standards. It addresses the issues of confidentiality, accuracy, conflict of interest, taxpayer omissions and return of client records. The ethical rules governing these issues are discussed, and tax preparers are presented with real-world scenarios that focus on the ethical issues that may be encountered in their professional activities. A final examination covering the course material is administered. This course is a basic tax level course with no prerequisites, and qualifies for 2 CE credits in the Ethics category.

Learning Objectives

• Recognize the permitted scope of tax return preparer responsibilities;
• Identify the best practices for tax advisers in preparing or assisting in the preparation of a submission to the Internal Revenue Service;
• List the various sanctions that may be imposed for a preparer’s failure to comply with applicable conduct rules.

Course Assignments

• Study each Chapter
• Answer review questions at the end of each chapter
• Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 10 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.

Course Materials:

• <Course Materials Removed (Out-dated)>

**This course is now expired and no longer qualifies for IRS CE Credit. To avoid study material confusion, the course materials and final exam have been removed from this course.

Course Syllabus

Course 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 result of passage of the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act), the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)) and the inflation-changed limits effective for 2021 that are more significant from the perspective of an income tax preparer. Some context will be supplied, as appropriate, to assist readers in understanding the changes. This course is a basic tax level course with no prerequisites, and qualifies for 3 CE credits in the Tax Law Updates category.

Learning Objectives

Upon completion of this course, you should be able to:

• List the 2021 changes in various amounts including the –
  • Standard mileage rates,
  • Standard deduction,
  • AMT exemption amount,
  • Limits related to income from U.S. Savings Bonds for taxpayers paying higher education expenses, and
  • Deductions for qualified long-term care insurance premiums;
• Identify the 2021 tax credit changes affecting the –
  • Saver’s credit,
  • Earned income credit, and
  • Adoption credit;
• Recognize the 2021 changes affecting –
  • Health Savings Account (HSA) and Archer Medical Savings Accounts (MSA) requirements and contribution limits,
  • Roth IRA eligibility, and
  • Traditional IRA contribution deductibility for active participants in employer-sponsored qualified plans;
• List the changes effective for 2021 with respect to the –
  • Small business employer premium tax credit, and
  • Applicable large employer mandate;
• Describe the principal CARES Act provisions, including those related to the –
  • Paycheck Protection Program,
  • Pandemic Unemployment Assistance program,
  • Net operating loss (NOL) carryback rules,
  • Health savings account (HSA) rules concerning first-dollar payment for telehealth and COVID-19 testing and treatment,
  • Foreign income exclusion,
  • Section 1031 exchange timing,
  • Correction of the deductible period applicable to qualified improvement property,
  • Modification of limitation on losses for non-corporate taxpayers,
  • Limitation on business interest expense deductions,
  • Employer payments of student loans, and
  • Expansion of economic injury disaster loans (EIDLs); and
• Apply the various CARES Act provisions affecting –
  • Recovery rebate rules,
  • Expanded tax-favored use of retirement funds,
  • Charitable contribution rules, and
  • Qualified improvement property depreciation.

Course Assignments

• Study each Chapter
• Answer review questions at the end of each chapter
• Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 15 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.

Course Materials:

• <Course Materials Removed (Out-dated)>

**This course is now expired and no longer qualifies for IRS CE Credit. To avoid study material confusion, the course materials and final exam have been removed from this course.

Course Syllabus

Course Description
This self-study courses discusses important tax changes for 2020 tax returns and basic information on the tax system. It also discusses the requirements for filing a tax return and which filing status to choose. Though this basic tax course does not require any prerequisites, its recommended target audience is for existing Enrolled Agents, however anyone may take this course. This course provides 2 CE credits in the IRS Federal Tax Law category.

Learning Objectives

• Recall important tax changes to be used for 2020 tax returns.
• Recognize the length of the automatic extension provided by filing Form 4868.
• Recognize the various filing statuses and who is eligible to use them.
• Recall the various requirements for a qualifying relative.
• Identify the purpose of estimated taxes.

Course Assignments

• Study each Chapter
• Answer review questions at the end of each chapter
• Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 10 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.

Course Materials:

• <Course Materials Removed (Out-dated)>

**This course is now expired and no longer qualifies for IRS CE Credit. To avoid study material confusion, the course materials and final exam have been removed from this course.

Course Syllabus

Course Description
This self-study course discusses various types of income and will explain which income is and is not taxed. Though this basic tax course does not require any prerequisites, its recommended target audience is for existing Enrolled Agents, however anyone may take this course. This course provides 5 CE credits in the IRS Federal Tax Law category.

Learning Objectives

• Recall what types of compensation are included as income for tax purposes.
• Recognize what tips should be included in income for tax purposes.
• Recall the proper tax treatment for various types of interest.
• Identify the proper treatment of various types of dividends.
• Recognize the proper treatment of rental property income and expenses for tax purposes.
• Identify various requirements regarding retirement plan taxation.
• Recognize key taxation thresholds related to social security income.
• Identify the taxability of various types of other income.

Course Assignments

• Study each Chapter
• Answer review questions at the end of each chapter
• Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 25 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.

Course Materials:

• <Course Materials Removed (Out-dated)>

**This course is now expired and no longer qualifies for IRS CE Credit. To avoid study material confusion, the course materials and final exam have been removed from this course.

Course Syllabus

Course Description
This self-study course discusses investment gains and losses, including how to figure your basis in property. A gain from selling or trading stocks, bonds, or other investment property may be taxed or it may be tax free, at least in part. A loss may or may not be deductible. These chapters also discuss gains from selling property you personally use – including the special rules for selling your home. Though this basic tax course does not require any prerequisites, its recommended target audience is for existing Enrolled Agents, however anyone may take this course. This course provides 2 CE credits in the IRS Federal Tax Law category.

Learning Objectives

• Identify the factors to consider in calculating the basis of property.
• Recognize the taxability of the sale of personal use property.
• Identify the special tax rules related to selling your home.
• Recall the capital gain rates for the current year.

Course Assignments

• Study each Chapter
• Answer review questions at the end of each chapter
• Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 10 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.

Course Materials:

• <Course Materials Removed (Out-dated)>