TAX PREP Class SIX Week Curriculum $425.00

To know how to prepare a complete Form 1040 income tax return and related schedules with minimal review points.

To analyze the individual income tax law from a tax-form perspective and become more knowledgeable about the information-gathering process (i.e. asking the right questions).Add a description about this item

To analyze the dynamic landscape of tax regulations, focusing on key elements such as deduction and credit limits, depreciation thresholds, and retirement plan intricacies.

To know how to determine filing status and understand the implications of personal exemptions and dependency exemptions.

To know how to identify Ordinary Income Recapture under §§1245 & 1250 and navigate the complexities of Passive Activity Limitations (§469), with a focus on special rules for rental real estate.

To know how to identify Ordinary Income Recapture under §§1245 & 1250 and navigate the complexities of Passive Activity Limitations (§469), with a focus on special rules for rental real estate.

To gain expertise in educator expenses, retirement savings plans, student loan interest deductions, and health-related deductions, empowering you to provide strategic tax advice for optimal outcomes.

To explore nuances of itemized deductions, covering medical and dental expenses, taxes, interest, and charitable contributions, guiding clients through decisions between standard and itemized deductions.

To develop a comprehensive understanding of individual income tax rates,      additional taxes, and alternative minimum tax, preparing you to navigate the broader tax landscape with confidence.

 Learning Objectives

• To estimate the importance of Circular 230.
• To recall the penalties for violating Circular 230.
• To recognize the duties in practicing before the IRS.
• To recognize the common problems with clients.
• To identify common schemes in false tax returns.
• To review real examples of violations of Circular 230.

Every student will have a login and a set of actual tax returns to complete. A full scenario and outcome will be supplied. This experience is a real as the everyday occurrences you will encounter.

Deciding on a business name is a huge decision. You want catchy, short, to the point and say a little about yourself. We will collaborate and assist you in choosing the perfect business name.

Your logo is essentially your brand. It encompasses your business, you, and what services you perform. It is your business and we will guide you in choosing one that projects your style.

Deciding on a business structure is not as important starting off as it may seem We will discuss your options and guide you towards which is best for you.

Sometimes your new client base is right in front of you. The people who know you best are the best form of marketing for you. We will teach you how to tap in.

Social Media.... a world of opportunity once you understand the ins and outs. We will help you navigate when the World Wide Web

Selecting the right networking group to maximize your time and reach is crucial. Do not attend a function where the participants are not your client profile. Chamber of Commerce, speaking opportunities, posters, flyers, and more will be discussed in extreme detail, giving you the most up-to-date options.