California 20 Hour Tax Preparer Continuing Education Course
- 20 Hour Course
- 4.6 622 Reviews
This course will satisfy the required 20 hours of Continuing Education for California Tax Preparers and will cover the required topics of ethics, federal updates, federal tax law, and California-specific tax law.
In our Ethics class, we'll cover terms that will be used when referencing ethics, ethical duties of tax preparers, unethical tax actions and their consequences, and what a sample code of professional responsibility for tax preparers looks like.
Our Federal Filing Requirements and Dates class will cover the basic guidelines and requirements for completing a compliant tax return. The topics start with the basics of preparing a tax return, who must file and different filing statuses, as well as what forms and electronic filing options are available, alternative filing deadlines and extensions, and refunds and penalties.
In our 10-hour class, we'll cover the federal tax topics of credits, adjustments to income, and schedules C, F, J, and SE. Credits are offered for a number of different things, including dependent family members, work-related expenses, qualifying elderly or disabled persons, and more. We'll talk about who qualifies for these, and how to calculate them. Income adjustments that we will examine include contributions to retirement accounts, as well as penalties for early withdrawal and failing to take required distributions. We'll also discuss changes to the treatment of alimony funds, and who these changes apply to. Then, we'll move on to who should use Schedules C, F, J, and SE, and discuss some of the situations that they cover.
Our final course is designed exclusively and required for California state tax preparers. Our discussion covers the actions taken by the federal government in response to the public health emergency/COVID-19 pandemic including discussion of:
- The CARES Act
- Families First Coronavirus, and
- The IRS People First Initiative - IR-2020-59
- Along with where these acts and changes do or do not affect California law.
Additionally, we cover the impact on the Tax Cut and Jobs Act and the fallout from these changes. Plus we’ll revisit the basic tax forms, such as the 540, 540EZ, 540NR, and Schedule 540NR that tax preparers use with most of their clients, as well as the major tax legislation affecting military personnel, including the Military Spouses Residency Relief Act, The Military Family Tax Relief Act of 2003, Heroes Earnings Assistance and Relief Tax Act, and more, so sign up today!
Show Course ID: 1
- Course ID(s): 6258-CE-0005
- Approved By: CTEC
Jeremy Allen, CPA, was born and raised in Chicago, Illinois. He graduated with a Bachelor's of Science in Accounting from the University of Oregon Charles H. Lundquist College Of Business. He has been a licensed CPA in the state of Oregon since 2007. He specializes in Corporate Taxation and Planning. He enjoys working with start-up businesses, online businesses, and multi-state entities. He is an avid member of Crossfit Grants Pass. In his free time he enjoys traveling and camping with his family. Go Ducks!