CCH Learning Center

The second course in the series covers gross income and different inclusions and exclusions. Topics examined include how to report wages and benefits; which benefits are taxable and which are excludable from income; how to report different kinds of interest; miscellaneous exclusions and inclusions, as well as how to recognize excludable and includable types of income.

The next course in this series discusses gains and losses; defines basic terms; explains exclusion of gain on the sale of a principal residence; nonrecognition of gain on involuntary conversions; computation of basis; and concludes by looking at the distinction between capital and ordinary assets.

This course covers special problems encountered in Form 1040 Preparation, including the annual accounting period, methods of accounting, and the installment method of reporting income. It also reviews IRAs, SEPs, SIMPLE plans, and other qualified self-employment plans, as well as methods of collecting taxes and the nanny tax.

1040 Preparation and Planning Guide provides an easy-to-follow text on individual tax preparation and a CPE Course integrated into that text. The purpose of this product is to bring the tax preparer “up-to-speed” in the most efficient way possible for the upcoming tax preparation season.

1040 Preparation and Planning Guide provides an easy-to-follow text on individual tax preparation and a CPE Course integrated into that text. The purpose of this product is to bring the tax preparer “up-to-speed” in the most efficient way possible for the upcoming tax preparation season.

1040 Preparation and Planning Guide provides an easy-to-follow text on individual tax preparation and a CPE Course integrated into that text. The purpose of this product is to bring the tax preparer “up-to-speed” in the most efficient way possible for the upcoming tax preparation season.

1040 Preparation and Planning Guide provides an easy-to-follow text on individual tax preparation and a CPE Course integrated into that text. The purpose of this product is to bring the tax preparer “up-to-speed” in the most efficient way possible for the upcoming tax preparation season.

The fourth course in this series reviews how the tax liability is computed, then describes different credits and deductions. After examining the computation of tax, the course discusses the distinction between a tax deduction and a tax credit.

The first course in this series provides an overview of the taxation of trusts and estates, and includes an explanation of fiduciary accounting.

The third course in this series provides step-by-step guidance for figuring tax liability to accurately complete the fiduciary income tax return.

The final course in this series covers special tax issues for trusts and estates. It includes a discussion of Schedule J for certain accumulated distributions, post-mortem planning for estates and planning for the termination of trusts.

This course is the second in a four-part series designed to provide a comprehensive review of the basic principles of partnership income tax preparation, which are applicable to limited liability companies (LLCs) treated as partnerships for federal income tax purposes.