FAST-TRACK CATALOG
FAST-TRACK TAX PREP COURSE: ACCELERATE YOUR KNOWLEDGE
Supercharge your tax knowledge in this Fast-Track Tax Course. Gain confidence in navigating tax preparation with streamlined lessons and practical insights.
SUBMODULE 1: Collecting Info, Filing Status, Dependents & Deductions
Master the essentials of tax preparation with this submodule focused on gathering client information, determining filing statuses, identifying dependents, and understanding deductions. Learn how to accurately collect and analyze key data to ensure optimal tax outcomes for your clients.
LESSON 1: Interviewing and Onboarding Clients
Learn effective techniques for interviewing and onboarding clients to ensure a smooth and professional experience.
LESSON 2: Filing Statuses & The Standard Deduction
Gain a comprehensive understanding of IRS filing statuses and their impact on the Standard Deduction to make informed tax decisions.
LESSON 3: Qualifying Dependents
Understand the criteria and tax implications of qualifying dependents to optimize your clients’ tax benefits.
LESSON 4: Itemized vs. Standard Deductions
Explore the differences between itemized and standard deductions to maximize tax savings for your clients.
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SUBMODULE 2: Income
Explore how tax rates vary based on income levels, helping tax preparers understand their implications for individual taxpayers.
LESSON 1: Federal Income Tax Brackets
Gain a clear understanding of federal income tax brackets, their complexities, and how to navigate them confidently.
LESSON 2: Tax Forms
Develop a deep understanding of tax forms, their significance for compliance, and the process of adhering to tax regulations
FAST-TRACK CATALOG IMAGE AND COURSE OUTLINE
SUBMODULE 3: Guide To Understanding Tax Credits
Explore tax credits, how they lower tax liabilities, and how to use them for financial optimization.
LESSON 1: Non-Refundable Vs. Refundable Credits
Understand the differences between non-refundable and refundable credits, and their impact on taxpayers’ returns.
LESSON 2: Education Credits and Student Loan Interest
Learn about education credits and the tax benefits of student loan interest.
LESSON 3: Child Tax Credit
Gain insights into the Child Tax Credit and its significance for families in the United States.
LESSON 4: Earned Income Tax Credit (EITC)
Understand the Earned Income Tax Credit and its benefits for eligible taxpayers.
LESSON 5: Child and Dependent Care Credit
Break down the IRS tax code to easily understand the Child and Dependent Care Credit.
LESSON 6: Preparer Due-Diligence
Explore the critical principles and practices of due diligence in tax preparation.
LESSON 7: The Path Act
Review the Protecting Americans From Tax Hikes (PATH) Act and its implications.
LESSON 8: Energy Tax Credit
Learn about the Energy Tax Credit and how it promotes energy efficiency.
LESSON 9: Adoption Tax Credit
Understand the Adoption Tax Credit and its benefits for adoptive families.
LESSON 10: Fuel Tax Credit
Explore the Fuel Tax Credit and its application for eligible taxpayers.
SUBMODULE 4: Schedule C – Small Business Taxes Part 1
Explore Schedule C, income calculations, expense deductions, Form 1040, self-employment tax, and estimated tax.
LESSON 1: Schedule C – Small Business Taxes: Part 1
Delve into the basics of Schedule C, learning how to report income and deductions for small businesses, and understanding its role in Form 1040 and self-employment tax calculations.
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SUBMODULE 5: Completing Schedule C Part II: Understanding Business Expenses
Learn the intricacies of reporting business expenses on Schedule C, ensuring accurate and optimized deductions for your small business.
LESSON 1: Completing Schedule C Part II: Understanding Business Expenses
Gain a comprehensive understanding of allowable business expenses, how to categorize them, and accurately report them on Schedule C to maximize tax benefits.
FAST-TRACK TAX PREP COURSE: ACCELERATE YOUR KNOWLEDGE
Supercharge your tax knowledge in this Fast-Track Tax Course. Gain confidence in navigating tax preparation with streamlined lessons and practical insights.
SUBMODULE 1: Collecting Info, Filing Status, Dependents & Deductions
Master the essentials of tax preparation with this submodule focused on gathering client information, determining filing statuses, identifying dependents, and understanding deductions. Learn how to accurately collect and analyze key data to ensure optimal tax outcomes for your clients.
LESSON 1: Interviewing and Onboarding Clients
Learn effective techniques for interviewing and onboarding clients to ensure a smooth and professional experience.
LESSON 2: Filing Statuses & The Standard Deduction
Gain a comprehensive understanding of IRS filing statuses and their impact on the Standard Deduction to make informed tax decisions.
LESSON 3: Qualifying Dependents
Understand the criteria and tax implications of qualifying dependents to optimize your clients’ tax benefits.
LESSON 4: Itemized vs. Standard Deductions
Explore the differences between itemized and standard deductions to maximize tax savings for your clients.
SUBMODULE 2: Income
Explore how tax rates vary based on income levels, helping tax preparers understand their implications for individual taxpayers.
LESSON 1: Federal Income Tax Brackets
Gain a clear understanding of federal income tax brackets, their complexities, and how to navigate them confidently.
LESSON 2: Tax Forms
Develop a deep understanding of tax forms, their significance for compliance, and the process of adhering to tax regulations
FAST-TRACK CATALOG IMAGE AND COURSE OUTLINE
SUBMODULE 3: Guide To Understanding Tax Credits
Explore tax credits, how they lower tax liabilities, and how to use them for financial optimization.
LESSON 1: Non-Refundable Vs. Refundable Credits
Understand the differences between non-refundable and refundable credits, and their impact on taxpayers’ returns.
LESSON 2: Education Credits and Student Loan Interest
Learn about education credits and the tax benefits of student loan interest.
LESSON 3: Child Tax Credit
Gain insights into the Child Tax Credit and its significance for families in the United States.
LESSON 4: Earned Income Tax Credit (EITC)
Understand the Earned Income Tax Credit and its benefits for eligible taxpayers.
LESSON 5: Child and Dependent Care Credit
Break down the IRS tax code to easily understand the Child and Dependent Care Credit.
LESSON 6: Preparer Due-Diligence
Explore the critical principles and practices of due diligence in tax preparation.
LESSON 7: The Path Act
Review the Protecting Americans From Tax Hikes (PATH) Act and its implications.
LESSON 8: Energy Tax Credit
Learn about the Energy Tax Credit and how it promotes energy efficiency.
LESSON 9: Adoption Tax Credit
Understand the Adoption Tax Credit and its benefits for adoptive families.
LESSON 10: Fuel Tax Credit
Explore the Fuel Tax Credit and its application for eligible taxpayers.
SUBMODULE 4: Schedule C – Small Business Taxes Part 1
Explore Schedule C, income calculations, expense deductions, Form 1040, self-employment tax, and estimated tax.
LESSON 1: Schedule C – Small Business Taxes: Part 1
Delve into the basics of Schedule C, learning how to report income and deductions for small businesses, and understanding its role in Form 1040 and self-employment tax calculations.
SUBMODULE 5: Completing Schedule C Part II: Understanding Business Expenses
Learn the intricacies of reporting business expenses on Schedule C, ensuring accurate and optimized deductions for your small business.
LESSON 1: Completing Schedule C Part II: Understanding Business Expenses
Gain a comprehensive understanding of allowable business expenses, how to categorize them, and accurately report them on Schedule C to maximize tax benefits.