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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 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)>

**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 course offers 5 Hours of Continuing Education regarding California State Taxes, and counts towards the annual CE requirement for the California Tax Education Council (CTEC) who hold an existing CTEC ID. This tax course covers California State tax and does not provide IRS CE course credits.

Learning Objectives

• California Personal Tax Return Forms
• Credits
• Children with Investment Income
• Offer in Compromise
• Community Property and 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.

 

Important: This course provides 10-Hrs of continuing education credits in the IRS Federal Tax Law category. If you wish to obtain the Annual Filing Season Program Record of Completion, do not take this course. The name of this course can be easily mixed up with another course offered on this website, please note the differences in the names to be sure you are enrolled in the correct course:

• “2021 Annual Tax Season Update“ – Provides 10 CE credits in the Federal Tax Law category (Designed for EA’s)
• “2021 Annual Federal Tax Refresher“ – Provides 6 CE credits in the AFTR category (Not for EA’s)

 

Course Syllabus

Course Description
Each year, income tax return preparation must take into account inflation-related changes to various limits and new tax laws. This course will look at those changes and new laws. The 2021 Annual Tax Season Update course is designed to provide valuable information to persons preparing individual 1040 income tax returns reflecting clients’ 2020 income. The Annual Tax Filing Season Update course discusses new tax law and recent updates for the 2021 filing season, provides a general tax review, and examines important rules governing tax return preparer ethics, practices and procedures. This course is a basic tax level course with no prerequisites, and qualifies for 10 CE credits in IRS Federal Tax Law.

Learning Objectives

• Identify the changes made to various requirements by the SECURE Act, including –
  • Traditional IRA contribution eligibility,
  • Traditional IRA and qualified plan lifetime required minimum distributions,
  • Qualified birth and adoption distributions,
  • Inherited IRA distribution requirements,
  • Taxation of a child’s unearned income,
  • Qualified Tuition Plan distributions, and
  • Deductions for unreimbursed medical expenses;
•  Recognize the status of various tax extenders, including –
  • Reinstatement of the credit for nonbusiness energy property;
  • Tuition and fees deduction;
  • Itemized deduction for mortgage insurance premiums; and
  • Exclusion of cancellation of debt income from qualified principal residence indebtedness;
• Apply the inflation-adjusted and other limits to the proper preparation of taxpayers’ income tax returns;
• Recognize the federal income tax filing statuses and the criteria for their use;
• Identify the types of income that must be recognized;
• Apply the tax rules to the various credits and adjustments to income that are available to taxpayers;
• Recognize the penalties that may be imposed on a preparer for failing to meet ethical and practice standards in preparing tax returns; and
• Identify the duties and restrictions imposed on tax preparers under Circular 230.

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 50 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
The annual global cost of cybercrime is high and getting higher all the time. In fact, cyber criminals reap a windfall from their activities that is likely to be in the trillions. Almost all of that cybercrime began with—and continues to start with—a social engineering concept known as “phishing.”
Certain business organizations, among which are those referred to as “financial institutions,” are charged by the FTC with taking particular steps to protect their customers’ financial information. Included in the category of financial institutions are professional tax preparers. Professional tax preparers normally maintain a significant amount of taxpayer information in various files—electronic and paper—that would be a treasure trove for cyber criminals.
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. This course is a basic tax level course with no prerequisites, and qualifies for 3 CE credits in the Tax Law category.

Learning Objectives

• Recognize the pervasiveness of cybercrime;
• Identify the potential costs of experiencing a data breach;
• Understand the best practices that may be implemented to protect a tax preparer from cybercrime; and
• List the responsibilities of a tax preparer who has experienced a taxpayer data breach.

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 implications of selling a home, as well as the investment of a second home for personal or rental purposes. This is a Basic tax course with no prerequisites, and qualifies for 2 CE credit in the Tax Law category.

Learning Objectives

• To recognize the tax rules that apply when an individual sells his or her main home
• To identify some of the tax implications of owning a second home, whether or not for rental 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 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 will guide you through the ins and outs of maximizing business deductions for travel, and meals and entertainment expense. It includes detailed explanations and practical examples of how the tax law is applied. This is a Basic tax course with no prerequisites, and qualifies for 2 CE credit in the Tax Law category.

Learning Objectives

• Identify current information related to transportation expenses.
• Recognize what travel expenses are deductible.
• Identify the deductibility of non-entertainment-related meals and entertainment expenses.
• Identify the restrictions on the deduction for business gifts.

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 will guide you through maximizing business deductions for transportation, recordkeeping requirements, and how to report employee business expenses on Form 2106. It includes detailed explanations and practical examples of how the tax law is applied. This is a Basic tax course with no prerequisites, and qualifies for 3 CE credit in the Tax Law category.

Learning Objectives

• Recall deductible transportation expenses.
• Identify the Section 179 deduction requirements.
• Recognize the rules regarding the depreciation of vehicles.
• Recognize the various recordkeeping requirements for travel, gift, and transportation expenses.
• Identify what is required to adequately account to an employer for employee business expenses.

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 course will guide you through maximizing business deductions for home offices. It includes explanations and practical examples of how the tax law is applied. This is a Basic tax course with no prerequisites, and qualifies for 3 CE credits in the Tax Law category.

Learning Objectives

• Recognize the tax rules regarding the business use of a home.
• Identify how daycare facilities in a home qualify for different rules than other businesses.

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)>