This Tax Preparation Course is designed to help you successfully start up your own tax business and give you the knowledge, tools, and skills needed to fulfill the IRS requirements. This course will give you a basic understanding of tax law and practice, and discuss the rules and regulations needed to prepare a Federal Individual Income & Small Business Tax Return for the general public. This course will be a challenge and will require hard work on the student’s part! Upon completion of this course, all students should have the necessary skill sets and confidence to prepare a variety of individual and small business tax returns, be able to answer taxpayers questions, research tax issues, laws, & publications, and know how to successfully operate your own tax office.
Example Curriculum:
COURSE INTRODUCTION
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MODULE 1.1 - BECOMING A REGISTERED TAX PREPARER WITH THE IRS
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MODULE 1.2 - BECOMING AN ERO (ELECTRONIC RETURN ORIGINATOR)
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MODULE 2 - CUSTOMER SERVICE & ETHICAL OBLIGATIONS OF A PREPARER
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- Customer Service in the Tax industry
- Office of Professional Responsibility
- Circular 230 - Professional Responsibility and Ethical Obligations of a Tax Preparer (3:25)
- Practice Before the IRS (11:41)
- Due Diligence & Record Keeping (13:56)
- Due Diligence Training Module (IRS website) (2:15)
- Important IRS Tax Dates
- Let's Play Tax Trivia!
- Module 2 Quiz
MODULE 3 - INTRODUCTION TO TAX PREPARATION
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MODULE 4 - INDIVIDUAL TAX RETURNS (THE 1040 FORM)
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MODULE 5 - TYPES OF INCOME & COMMON TAX FORMS
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MODULE 6 - SMALL BUSINESS TAX RETURNS (THE SCHEDULE C)
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MODULE 7 - TAX LAW CHANGES & UPDATES
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MODULE 8 - MARKETING YOUR TAX BUSINESS
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MODULE 9 - TAX SOFTWARE TRAINING: TAXSLAYER PRO
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PRACTICE SCENARIOS (1-5)
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PRACTICE SCENARIOS (6-10)
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COURSE WRAP-UP
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Our Training Library:
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