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
- 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.
- We recommend you log in early to ensure you are ready to go when the presentation begins.
- 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