10 Hr Tax Law Package for 2020

This package includes all 10 hours of Tax Law needed for your renewal, and is made up of the following:

Other Tax Payments (3 Hours)
- This course provides 3 hours of tax law update content, and covers various types of tax situations and payments. While there are endless scenarios that could come up with clients, here we're going to cover the Alternative Minimum Tax, tax implications regarding minors, estimated taxes, and excess FICA.
Gross Income, Capital Exchanges, and Property Basis (7 Hours)
- This class provides 7 hours of Tax Law, and hits on the topics of recording and reporting tip income, investment income, the sale and exchange of capital assets, taxable and nontaxable exchanges, and reporting the sale of a home.

Course Format: Text

Credit Type: Federal Tax Law Update

Course ID(s): UUBXU-U-00081-25-S, UUBXU-U-00083-25-S

Approved By: International Revenue Service (IRS)

Basis of Assets and Depreciation
- Basis of Assets and Depreciation [12 Activities]
  - 01. Basis of Assets and Depreciation
  - 02. Basis of Property
  - 03. Business Assets
  - 04. Anti-Churning Rules
  - 05. Allocating the Basis of Multiple Assets
  - 06. Adjustment Basis of Business Assets
  - 07. Basis Other Than Cost
  - 08. Nontaxable Exchange & Stock and Bond Basis
  - View Additional Activities
    - 09. Loans with Low or No Interest
    - 10. How to Depreciate Property, Part 1
    - 11. How to Depreciate Property, Part 2
    - 12. Conclusion to Basis of Assets and Depreciation
- Basis of Assets - Final Exam (21 questions)
Gross Income, Capital Exchanges, and Property Basics
- Gross Income, Capital Exchanges, and Property Basics [19 Activities]
  - 01. Gross Income, Capital Exchanges, and Property Basis
  - 02. Tip Income
  - 03. Interest Income
  - 04. Interest Income: OID & Other Situations
  - 05. Introduction to Taxable Bonds and Other Interest Income
  - 06. Taxable Interest and Debt Instruments
  - 07. Taxable Interest and Education Bonds; Taxable Interest and Federal Securities
  - 08. Other Taxable Items or Events
  - View Additional Activities
    - 09. Conclusion of Gross Income
    - 10. Basis of Property
    - 11. Basis of Property, Part 2
    - 12. Sale of Property
    - 13. Sale of Property, Part 2
    - 14. Sale of Property, Part 3
    - 15. Sale of Property, Part 4
    - 16. Selling a Home
    - 17. Selling a Home, Part 2
    - 18. Reporting Capital Gains and Losses
    - 19. Sale & Exchange of Capital Assets Conclusion
- Gross Income - Final Exam (49 questions)
Course Completion
- Mandatory Questionnaire
- Basis of Assets and Depreciation - Certificate of Completion (1 of 2)
- Gross Income, Capital Exchanges, and Property Basics - Certificate of Completion (2 of 2)
- Student Evaluation
- Guaranteed Next Business Day Reporting

10 Hour Tax Law Package

Instructor Bio