Autoplay
Autocomplete
Previous Lesson
Complete and Continue
Master Class to Preparing Taxes as a Professional
Introduction
Introduction (0:58)
Overview of the Course
Importance of becoming a tax professional (0:39)
Importance of Tax Compliance (0:42)
Tax Basics (0:40)
Tax authorities and Regulations
Getting Started as a Tax Professional
Section summary
Introduction to Becoming a Tax Professional (0:36)
Education and certification requirements (1:00)
Setting up your own tax preparation business (0:36)
Bank Products
Marketing and finding clients (0:44)
Tax Preparation Process
Section summary (1:06)
Filing Status and Taxpayer Information
Gathering client information (1:09)
Social Security Numbers and ITINs (1:04)
Filing requirements and deadlines (1:09)
Common deductions and credits (0:44)
Fraud Prevention (0:37)
Understanding Forms & Documents
Mastering 1099 Forms: Understanding Types and Uses for Financial Compliance
Sources of Taxable Income
Fundamentals of Tax Preparation
Section summary
IRS (Internal Revenue Services ) (1:30)
Tax authorities and Regulations
Understanding tax laws and regulations
Understanding PATH ACT Basics
Different types of taxes (income, business, property, etc.)
Credits Vs Deductions
Tools and software for tax preparation
Handling Complex Tax Situations
Section summary
Self-employed and business taxes
Capital gains and losses
Tax implications for different entities (LLC, S-Corp, etc.)
Advanced Tax Preparation Techniques
Section summary
Handling audits and IRS correspondence
Expanding your services as a tax professional
Professional Development
Section summary
Continuing education and staying updated on tax laws
Building long-term client relationships
Ethics and best practices in tax preparation (0:39)
Tax Terms Index
Final Thoughts and Next Steps
Section summary
conclusion (0:54)
Teach online with
Introduction to Becoming a Tax Professional
Lesson content locked
If you're already enrolled,
you'll need to login
.
Enroll in Course to Unlock