This course was created to provide tax preparers with the vital training they need for the renewal of their tax preparer's license. The six hours of content in this course is broken into three sections each covering one broad set of topics.
The first segment of the course will address the new tax law and recent tax law updates. This part of the course will include topics like annual inflation adjustments, TCJA changes to alimony, and an overview of the qualified business income deduction.
The second segment is a general review of important tax topics. It will include discussion of the taxability of earnings, business vs hobby, business use of the home, tax credit eligibility, and the major cancellation of student debt changes.
The final segment will look at the practices of tax preparers and professional responsibility. This portion of the course, while just as important as the other sections, is especially important for your day-to-day practice. We'll go over topics such as tax-related identity theft, safeguarding taxpayer data, preparer penalties, and e-file requirements.
The course will finish with a 100 question final exam. This exam will test your knowledge, and make sure you understand and retain the material in the course.
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- Approved By: Internal Revenue Service (IRS)
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!