Tax Prep Training

Service Description

April 22nd, 2024 - Summer Tax Training for Both Experienced & Beginner preparers. This course is SELF PACED with weekly live sessions Held every Sunday at 5pm Central. Week One Introduction to Tax Preparation How to obtain your PTIN Partership Contract Review Software Setup Week Two Understanding who is required to file. Collecting Client Information Compliance Introduction to Bank Products Bank Products: Fees & Process Week Three Filing Status Dependents Standard Deduction vs Itemized Deductions Week Four Income W2 Review Business & 1099 Income Schedule C 1040 Review Week Five Credits Explained: Refunded/Nonrefundable Child Tax Credit - Review Earned Income Credit - Review Credits for College Students Child & Dependent Care Credit Week Six Hands on Software Training 3 Live Sessions Client Tax Situation Scenarios Week Seven Amended Returns Explained Understanding the difference in superseding returns vs Amended 2 Live session - Sample review of processing an amendment. Extensions Week Eight Marketing Goal Planning Branding