This course will take new and administrative staff from the most basic concepts to an understanding of individual tax return preparation. Continuously updated for the latest legislation, including the American Rescue Plan Act, the Consolidated Appropriations Act of 2021, the CARES Act, and the Tax Cuts and Jobs Act of 2017.
DESIGNED FOR
New staff, rusty or those returning to the profession, who desire to prepare individual returns
BENEFITS
- Filing information, filing status, personal exemptions, dependents, the standard deduction, etc.
- Exemptions and income
- Credits, withholding, estimated tax, and basic return preparation
- Capital gains and losses
- Itemized deductions
HIGHLIGHTS
- Learn complicated issues of filing status and dependency exemptions
- Understand issues with reporting capital gains transactions
- Complete tax returns, schedules, and worksheets
COURSE LEVEL
Basic
PREREQUISITES
None