New Payment Plan Optionfor BundlesLearn More.
Small Business I Course Description:
- 10 Chapters, 3 Hours per Chapter
- Prior tax preparation experience/knowledge is required.
- If you are comfortable with your knowledge of individual tax return preparation, the next step is Small Business I Income Tax Course.
- This Course is designed as an introduction to some of the issues involved in the preparation of tax returns for various forms of business entities, which will give you the information necessary to handle partnerships and corporations.
Bonus CE Seminars:
- Ethics and Responsibilities of Tax Professionals Seminar - 3 hours of CE
- Tax Law Updates Seminar - 3 hours of CE
Topics Include:
- Business Types
- Accounting Methods
- Financial Statements
- Business Income
- Schedule C
- COGS/Inventory
- Depreciation
- Section 179 Deduction
- Contractor vs. Employee
- Sale of Business Property
|
- Partnerships
- Corporations - C, S, LLC
- Employee Taxes
- Excise Taxes
- Estate Taxes
- Extensions
- Estimates
- Employee Benefits
- Retirement Plans
|
Small Business II Course Description:
- Part II of the to Small Business Course with a total of 10 Chapters, 3 Hours per Chapter
- Prior tax preparation experience/knowledge is required.
- If you are comfortable with your knowledge of individual tax return preparation, the next step is Small Business II Income Tax Course.
- This Course is designed as an introduction to some of the issues involved in the preparation of tax returns for various forms of business entities, which will give you the information necessary to handle business returns with knowledge and confidence.
Topics Include:
- Understanding the Balance Sheet
- Partnership Issues
- Corporation Issues
- General Business Credits
- Tax Issues Related to Buying a Business
- Sale or Liquidation of Business
- Profit or Loss From Farming - Schedule F
- Amended or Corrected Business Returns
- What to Do When You Owe the IRS?
- Tax Practitioner Regulations & Penalties
- Tax Research
Course Materials/Resources:
- Small Business I & Small Business II Income Tax Course Manuals, by The Income Tax School
- Federal income tax reference material
- Certificate of Achievement upon completion
- Course support from veteran tax preparers
Teaching Method:
Term:
- 6 months from date of registration.
CE Credit Eligibility:
- 60 hours of CE Creditwhen you complete the main course.Plus, 6 hrs of additional CE when you complete the Bonus CE seminars!
