$399.77
$399.77
$599.77
Topics for Tax Professional Certification
The following tax certification material is what a tax professional should know to be considered well-learned in tax matters. The tax professional who has successfully attained the following knowledge, we believe, will have demonstrated sufficient competence in taxation.
Tax School Homepage
This course consists of 2 levels that will help you become well-learned knowledgeable tax professional. Most states, including California only require you to attain tax knowledge that is included up to topic 35 of this syllabus. Once you complete topic 35 and exam 2 (and additional hours for your state, if any), we will issue your certificate of completion for level 1 which satisfies the tax education requirements for most states. Once your certificate for level 1 has been issued, you can apply for a tax preparers license.
In our support of the new IRS tax education requirements and the improvement of tax professional education, we have two levels of tax tax education available for you. Completing both level 1 and level 2 of this program will ensure you the appropriate know-how in taxation. Upon completion of both levels we will issue you a frame-able professional certificate of completion. Tax professionals who successfully complete level 1 and 2 of this tax course with a grade point average of 90% or better can take the IRS EA exam with confidence.
| Level 1 | Level 2 | Level 1 and 2 |
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$399.77 |
$399.77 |
$599.77
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List of Topics To receive reading material by U.S. mail. Exams are cumulative.
| Topic Name | ||
| Level 1: |
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| Tax Filing Basics | Topic 1 | Introduction to Taxation |
| Topic 2 | Filing Basics | |
| Topic 3 | Taxable and Non-Taxable Income + tip income pub531, f1040 inst | |
| Exam 1 | ||
| Itemized | Topic 4 | Medical Expense and Other Common Itemized Deductions, Sch. A instructions (Form 1040 instructions) |
| Topic 5 | Mortgage interest and Other Common Itemized Deductions, (Form 1040 instructions), pub 530, pub 936 | |
| ------------ | ||
| Topic 6 | Job, Business and Other Common Itemized Deductions (Form 1040 instructions) | |
| ------------ | ||
| Topic 7 | Casualties, Theft and Other Common Itemized Deductions (Form 1040 instructions) | |
| Topic 8 | Charitable Contribution and Other Common Itemized Deductions (Form 1040 instructions) | |
| Exam 2 | ||
| Credits | Topic 9 | Child Tax Credit and Additional Child Tax Credit |
| Topic 10 | Earned Income Tax Credit | |
| Topic 11 | Tax Provisions for the Elderly and the Disabled | |
| Topic 12 | Child and Dependent Expenses Credit | |
| Topic 13 | Education Tax Credits, Scholarships and Fellowships | |
| Topic 14 | Social Security and Retirement Benefits Tax Matters | |
| --------------- | ||
| Mid-Term Exam | ||
| Revenue | Topic 15 | Self Employment Income and Tax |
| Topic 16 | Tax Deductions for Depreciation | |
| Topic 17 | Deducting Business Expenses | |
| Topic 18 | Investment Income and Expenses | |
| Topic 19 | Rental Income and Expenses | |
| Topic 20 | Selling Your Home and Other Property | |
| Topic | -------------- | |
| Exam 4 | ||
| Deductions | Topic 21 | Contributions for IRAs and Pension Plans |
| Topic 22 | Pension and Annuity Income + pub939 + pub 721 | |
| Topic 23 | Divorced or Separated Individuals + pub 555(maybe) | |
| Topic 24 | Tax Withholding and Estimated Tax | |
| Topic 25 | Moving Expenses + 1040nr instructions | |
| Topic 26 | Calculation of Other Taxes | |
| Topic 27 | Obligations of Authorized IRS E-File Providers | |
| Topic 28 | Dealing with Tax Audits | |
| Topic 29 | Ethics and Regulations of Practice | |
| Topic | ---------------- | |
| Topic 30 | Tax Interview Package | |
| Final Exam | ||
| Go to your state (for states that have state tax) for additional hours required to be completed for level 1 certification. | ||
| Level 2: | ||
| 31 | publication 17 Personal Tax Review | |
| 32 | Filing and Paying Business Taxes | |
| 33 | Accounting Periods and Methods | |
| 34 | Dispositions of Business Property | |
| 35 | General Business Credits | |
| Topic 36 | Forms of Business | |
| Exam 1 | ||
| Topic 37 | Taxation of Farmers | |
| Topic 38 | Accounting Periods and Methods | |
| Topic 39 | Employer's Tax Guide | |
| Topic 40 | Employer's Taxes | |
| Topic 41 | Employer's Fringe Benefits | |
| Exam 2 | ||
| Topic 42 | Business Property Sales | |
| Topic 43 | Limited Liability Company | |
| Topic 44 | U.S. Partnership Returns | |
| Topic 45 | Net Operating Losses (NOL) | |
| Mid-Term Exam | ||
| Topic 46 | Installment Sales | |
| Topic 47 | Filing Form W-2, Form W-3, | |
| Topic 48 | 1099s and Miscellaneous Income Forms | |
| Topic 49 | Tax Exempt Status for Your Organization | |
| Topic 50 | Passive Activity and At-Risk Rules | |
| Exam 4 | ||
| Topic 51 | Corporations | |
| Topic 52 | S Corporations & Election by a Small Business Corporation | |
| Topic 53 | Withholding of Foreign Corporations | |
| Topic 54 | Retirement Plans for Small Business | |
| Topic 55 | Estates and Gift Taxes | |
| Topic 56 | Practice Requirements | |
| Topic 57 | Practice Before the IRS | |
| Topic 58 | Highlights on Tax Changes | |
| Topic 59 | Declaration of Representatives | |
| Topic 60 | Ethics Essay | |
| Final Exam | ||
| Topic 4 | Standard VS Itemized Deductions + Form 1040 Instructions, Sch. A instructions + p501 |
Evaluation (Please fill one out).
Previous course 2011
Copyright © 2010 [Hera's
Income
Tax School]. All rights reserved.
Revised:
10/21/12