Webinar: Basic Individual Taxation Course

WC100  |  Course  |  Basic  |  Scheduled

Description

Please join us for an introductory course on the fundamentals of preparing and filing an individual federal income tax return. We will cover topics su

Credits

Number of Credits Type of Credits
2.00 Taxes

Designed For

This course is ideal for CPAs, CFPs, EAs and other tax preparers

Prerequisites

None

Highlights

The major topics covered in this class include:

  • Defining Federal Income Taxes
  • Computing federal income tax liability
  • Calculating adjusted gross income
  • Defining Qualifying Child
  • Determining filing status
  • Calculating the Kiddie Tax
  • Standard deduction
  • Tax Rates for ordinary income, capital gains, and qualified dividend income
  • Cash v. Accrual Method
  • Filing deadlines and obtaining extensions

Objectives

After attending this presentation, you will be able to...

  • Identify how the federal income tax differs from other types of federal taxes
  • 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
  • Indicate differences in the tax for ordinary income, capital gains, and qualified dividend income
  • Recall 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 taxes and how to obtain an extension of time for filing a return

Preparation

None

Notes

Webinar Day - HELP and Assistance Instructions

  1. The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
  2. We recommend you log in early to ensure you are ready to go when the presentation begins.
  3. IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.

Prices

Member (Early Bird)
$89.00
Non-Member (Early Bird)
$89.00
Member
$89.00
Non-Member
$89.00
Your Price: $89.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.