Fundamentals of Income Taxation (Z2-389)

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100 Minutes

On Demand - Video

2 CPE Credits in TX

Please join us for a introductory course on the fundamentals of preparing and filing an individual federal income tax return. We will cover topics such as what the federal income tax is and how it is computed. This course is ideal for CPAs, CFPs, EAs and other tax preparers.

BENEFITS

Identify how the federal income tax differs from other types of federal TX.
Determine the steps in computing a taxpayer's federal income tax liability.
Differentiate tax consequences for terms commonly used for the federal income tax, such as "adjusted gross income," “qualifying child,” “tax credits,” “filing status,” and “kiddie tax.”
Recognize how an individual's standard deduction is determined.
Explain differences in the tax for ordinary income, capital gains, and qualified dividend income.
Discuss the difference between the cash and accrual method, and the correct period in which taxpayers must recognize income and/or deductions.
Identify deadlines for filing income tax returns and estimated TX and how to obtain an extension of time for filing a return

HIGHLIGHTS

Standard Deductions v. Itemized Deductions
Defining ordinary income, capital gains and qualified dividends.
Cash v. Accrual methods Above- and Below- the Line deductions
Extensions for filing a return
Calculating the federal tax liability

COURSE LEVEL

Basic

PREREQUISITES

None

Allison M. McLeod, CPA, LL.M., J.D.

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PRICING

$58.00 - Member

$78.00 - Nonmember

Event Cancelled

This event has been cancelled.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

CPA Crossings

AREAS OF INTEREST

TAX: Federal tax

Fundamentals of Income Taxation (Z2-389)

OVERVIEW

BENEFITS

HIGHLIGHTS

COURSE LEVEL

PREREQUISITES

SESSIONS

INSTRUCTOR

Allison M. McLeod, CPA, LL.M., J.D.

Event Cancelled

PRICING

Event Cancelled

ADDITIONAL OPTIONS

Request a Reminder

COURSE DEVELOPER

AREAS OF INTEREST

Data Alerts

Fundamentals of Income Taxation (Z2-389)

OVERVIEW

BENEFITS

HIGHLIGHTS

COURSE LEVEL

PREREQUISITES

SESSIONS

INSTRUCTOR

Allison M. McLeod, CPA, LL.M., J.D.

Event Cancelled

PRICING

Event Cancelled

ADDITIONAL OPTIONS

Request a Reminder

COURSE DEVELOPER

AREAS OF INTEREST

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