Print-Based Course Exam
Online Course
Audio Course
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| Format | Title | Level | CPE Credits |
|---|---|---|---|
|
1040 Preparation and Planning 1: Fundamentals (2012 Edition) The first course in the series introduces the fundamentals of federal income tax and gives an overview of the general income tax structure. Even for those familiar with much of the subject matter, these introductory course offers a quick brush-up. |
Basic | 3.00 |
|
1040 Preparation and Planning 2: Gross Income (2012 Edition) 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 includible types of income. |
Basic | 4.00 |
|
1040 Preparation and Planning 3: Deductions (2012 Edition) The third course in this series looks at the deductions that taxpayers are permitted to take to reduce their tax. This course covers adjustments to gross income, the standard deduction, and itemized deductions for medical expenses, taxes, interest, charitable contributions, and miscellaneous itemized deductions. |
Basic | 4.00 |
|
1040 Preparation and Planning 4: Tax Computations and Credits (2012 Edition) 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. |
Basic | 4.00 |
|
1040 Preparation and Planning 5: Acquisition and Disposition of Property (2012 Edition) 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. |
Basic | 4.00 |
|
1040 Preparation and Planning 6: Deductions for Business and Other Special Deduction Rules (2012 Edition) This sixth course in the series covers business deductions that taxpayers can use to calculate net profit and reduce tax liability. The varied treatment of different deductions is examined in the course. The course also examines the methods used in claiming depreciation, amortization, and the rules for recognized losses and bad debt. |
Basic | 5.00 |
|
1040 Preparation and Planning 7: Special Tax Computations (2012 Edition) This three-credit CPE course, the seventh course in this series, looks at special computations, including the alternative minimum tax, the self-employment tax, and the kiddie tax. |
Intermediate | 3.00 |
|
1040 Preparation and Planning 8: Special Problems (2011 Edition) 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. |
Intermediate | 4.00 |
|
1040 Preparation and Planning 9: Tax Practice (2011 Edition) This course reviews the rules for filing deadlines, extensions, amended returns, payment, and different methods of filing. It covers offers in compromise and audits, then reviews the appeals process, going to court, and recovering costs from the government. |
Intermediate | 2.00 |
|
1041 Preparation and Planning 1: Tax Fundamentals for Trusts and Estates (2011 Edition) The first course in this series provides an overview of the taxation of trusts and estates, and includes an explanation of fiduciary accounting. |
Basic | 7.00 |
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