Enrolled Agent (EA) Continuing Education

This class provides seven hours of tax law continuing education for tax preparers and others in the field. The course concentrates on the topics of recording and reporting tip income, investment income, the sale and exchange of capital assets, taxable and nontaxable exchanges, reporting the sale of a home and much more.

In this course, tax professionals will receive seven hours of continuing education. In this up-to-date course, we will be addressing gross income concerns that taxpayers are required to consider when filing their taxes. Topics of interest include multiple forms of income that must be reported when filing tax forms including tip income, interest income, dividends, money market funds, taxable interest and debt instruments, education bonds, federal securities, basis of property taxation, non-taxable trades, selling a home, and capital gains or losses.

This 5 hours of educational content is the second half of a course on standard and itemized deductions. This course is intended for tax preparers seeking to renew their professional license. The topics addressed in this half of the course include nonbusiness casualty and theft losses, employee business expenses, tax benefits for work-related education, and miscellaneous deductions.

This 4-hour course focuses on the sale and exchange of capital assets. These kinds of sales and exchanges are reviewed in whole, beginning with how to determine the client’s basis in property. Once figured, we’ll review sales and trade, including how to figure gain or loss, what constitutes a like-kind exchange, a look at both nontaxable trades and partly nontaxable trades, as well as capital gains and losses.

This course focuses on the matter of deductions, and how to help your clients determine whether it's more beneficial for them to take the standard deduction, or to itemize their deductions.

This class contains 3 hours of educational content about both supplemental gains and losses and business expenses. Topics discussed in this class include filing and paying business taxes, accounting periods and methods, business property income, what is and is not income, business expenses, and self-employment tax.

This 4-hour class explains what assets are and what depreciation is, along with the integral role of a "basis" in property. This lesson will cover client capital assets and how to handle a client’s property sales as capital assets. We will also utilize plenty of IRS examples in explaining some of the more complicated concepts. We will specifically walk tax preparers through the basis of a taxpayer’s property to figure further taxable events, such as depreciation, depletion, and gains or losses on sales. We’ll also look at the different types of property such as stocks and bonds, real property, business assets, tangible assets, and intangible assets. Lastly, we’ll look at methods to determine basis in different types of property, what types of property can be depreciated and can’t, and which methods taxpayers can use to depreciate their property.

This modern and updated 3-hour class explains what assets are and what depreciation is, along with the integral role of a "basis" in property. This lesson will cover client capital assets and how to handle a client’s property sales as capital assets. We will also utilize plenty of IRS examples in explaining some of the more complicated concepts. We will specifically walk tax preparers through the basis of a taxpayer’s property to figure further taxable events, such as depreciation, depletion, and gains or losses on sales. We’ll also look at the different types of property such as stocks and bonds, real property, business assets, tangible assets, and intangible assets. Lastly, we’ll look at methods to determine basis in different types of property, what types of property can be depreciated and can’t, and which methods taxpayers can use to depreciate their property.

This three-hour course concentrates on federal filing status and related concerns. Included in this modern and up-to-date course are topics that concern tax preparers, such as the five filing statuses, selecting a filing status, related sections of the United States Code, different types of returns (joint, single, married) and the relief of joint responsibility. Continuing, the course dives into equitable relief including special circumstances, the factors for determining whether relief will be granted, Form 8857, petitioning the tax court, community property laws, death of a spouse, refunds, alien and joint returns, dual status, and much more.

This 3 hour class is designed to assist tax preparers who are attempting to renew their license. The focus of the class is taxes and payments that are not covered in our other tax classes. Topics that are examined include the alternative minimum tax (AMT), minor children and dependents, filing tax returns for minors, estimated taxes, FICA, and how the Affordable Care Act and SECURE 2.0 Act affect a client’s taxes.

This course presents the critical role of tax planning in the creation and ultimate distribution of retirement plans and funds, including traditional and ROTH Individual Retirement Arrangements, employer-sponsored retirement plans, IRS contribution limits and related gross income concerns for retirement plans, deductions, and Social Security tax issues. Continuing, the course provides an in-depth look at transfers and rollovers of various accounts, study sheets that contain current tax information, conversions and recharacterizations, withdrawals and distribution of funds and related tax concerns, penalties for violations, qualified and nonqualified annuities, payment taxation, periodic and nonperiodic distributions, survivors and beneficiaries, and how estates might be taxed.

In this 2-hour continuing education class, we’ll examine the different adjustments to income that clients may require on their federal tax return. This course addresses numerous concepts and topics related to income tax adjustments, including alimony and its general rules, including pertinent TCJA updates, payments not counted, payments to a third-party, home costs, and insurance and taxes. The course continues with a discussion of instruments executed betore and after 1984 and 1985, payments not designated as alimony, same household prohibitions, child support, death concerns, deduction and recapture, and taxes and insurance, how to report received alimony, the recapture rules, and more.

In this 2 hour course, we give a quick refresher on the how and why of using Amended returns and then launch into how to use Amended returns for your clients. In order to help clarify some of the more complicated concepts, a variety of IRS examples are used, supplemented with the necessary links to the various forms vital to filing an amended return, including walking your client through Form 1040-X, and correcting previously filed forms. Lastly, we will address the IRS collection process, starting with other methods for paying taxes, clients who cannot pay, and payment timelines.

In this 2 hour course, we give a quick refresher on the how and why of using Amended returns and then launch into how to use Amended returns for your clients. In order to help clarify some of the more complicated concepts, a variety of IRS examples are used, supplemented with the necessary links to the various forms vital to filing an amended return, including walking your client through Form 1040-X, and correcting previously filed forms. Lastly, we will address the IRS collection process, starting with other methods for paying taxes, clients who cannot pay, and payment timelines.

This 2-hour course on Tax Updates provides 2 credit hours, and goes over changes and updates made to IRS Form 1040 and 1040-SR. We go through the forms line by line, offering advice on how to avoid mistakes and provide the best service to clients.

In this 1-hour course, we’ll walk through updates for preparing and filing taxes, beginning at the most logical place: inflation adjustments for 2024 (2023 tax year). This section will review the figures for standard deduction, personal exemption, and tax rates by filing status. We’ll conclude with additional miscellaneous-but-helpful information.

This one-hour course takes a deep dive into taxation on other forms of income. Among the issues discussed are bartering, canceled debts, being a host or hostess, life insurance tax concerns, partnerships, S corporations, TCJA updates, recoveries, and rental and personal property income. Continuing, we’ll explore repayments, royalties, unemployment compensation, public assistance and related tax issues, specific tax-related topics including non-profits, alimony, bribes and kickbacks, campaign contributions, rebates, and significant additional tax rules.

This one-hour course takes a deep dive into taxation on other forms of income. Among the issues discussed are bartering, canceled debts, being a host or hostess, life insurance tax concerns, partnerships, S corporations, TCJA updates, recoveries, and rental and personal property income. Continuing, we’ll explore repayments, royalties, unemployment compensation, public assistance and related tax issues, specific tax-related topics including non-profits, alimony, bribes and kickbacks, campaign contributions, rebates, and significant additional tax rules.