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Hi, Welcome! This course includes the requirements for the new "Federal Tax Updates Course" that includes the require 3 hours of New Tax Updates, Federal Tax Law/general review, and practice and procedures. Once you complete the Federal Tax Updates Course, you will receive a Record of Completion from the us. Besides this course, you must also take additional continuing education from an approved provider that includes 10 hours of Federal Tax, 2 hours of Ethics and for California preparers an additional 5 hours California specific content, for a total of 20 continuing education hours. So look at your requirements carefully since you may have different requirements in meeting your education requirements. Don’t wait! Complete your education requirement Course today! Complete the Federal Tax Updates part of the Course online with our approved tax preparation school. Federal Tax Updates Course (Hours are listed in accordance with the continuing education requirements. This includes the 3 hour Federal Updates Tax Course as required by the IRS (and California for CTEC preparers) to get the Certificate of Completion. 20 Hours: federal tax law, Tax Updates, Ethics and if you are a California Preparer 5 hours of state specific material. To get the Certificate of Completion you must complete the the Federal Tax Updates Course, and the 10 hours of federal tax law, 2 hours of ethics and if you are California preparer you must take the 5 hours California specific material. Remember, you have to complete additional continuing education in addition to the Federal Tax Updates Course for the Certificate of Completion and in order to meet the continuing education requirement.The 3 hour required Federal Tax Updates Course consists of the following items. Complete the Federal Tax Updates Course to meet the Updates part of your continuing education requirement. Begin the Federal Tax Updates Course right away and advance at your own pace. Paying the registration fees for the Federal Tax Updates Course is registering. Once you have registered for the Federal Tax Updates Course, please go to “Student Login” above. The new tax updates part of the Continuing Tax education Course includes recent changes of tax rules such as adjustments for annual inflation and the filing requirement threshold amounts. Hence, the Federal Tax Updates Course also covers the new exemption and standard deduction amounts. In this part of the Federal Tax Refresher Course we will review the Additional Medicare Tax, the Net Investment Income Tax, same gender marriage issues, the ACA Health Insurance Premium Tax Credit and ACA Individual Shared Responsibility Payment. Due dates and extensions are also covered in this part of Federal Tax Refresher Course. All these items are covered in the first domain of the Federal Tax Refresher Course. The General review or tax law part of the Course will cover basic tax issues such as filing status, claiming dependents, using correct SSN or other identification numbers for exemptions claimed. Furthermore, taxable and non-taxable wages, interest, dividend income, taxable state and local refunds, and self-employment are also covered in this part of Annual Federal Tax Refresher Course. Also covered in this part of Tax Refresher Course are social security benefits, IRAs, pensions, annuities, and capital gains. In this part of the Tax Refresher Course you will also be able to review income adjustment items such as deductible part of SE tax, student loan interest and tuition and fees deductions. Other items reviewed in this |
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Copyright © 2014 [Hera's Income Tax School]. All Annual Federal Tax Refresher Course rights reserved. | |||||||||
Revised: 05/18/15 | |||||||||
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