Upon completion of this course, attendees will be able to properly prepare, report amounts on, file, and deduct disaster losses from Form 1040. We will also teach you how to determine which credits clients may qualify for on their 1040 returns to reduce taxable income, including methods to save for their dependent children’s college education Continue reading "1040 Tax in Depth"...
Upon completion of this course, attendees will be able to properly prepare, report amounts on, file, and deduct disaster losses from Form 1040. We will also teach you how to determine which credits clients may qualify for on their 1040 returns to reduce taxable income, including methods to save for their dependent children’s college education Continue reading "1040 Tax in Depth"...
Updates to federal/state taxes and other information.
This manual is a reference for tax professionals preparing individual returns with guidance for which IRS forms need to be filed for individual US taxpayers, as will as which forms need to be filed directly with FinCen.
This course explains what constitutes reasonable compensation and how to calculate it for an officer. It also explains the positive and negative aspects of paying an unreasonable high or low amount of officer compensation, including potential penalties.
During this course, we will define estates, a short tax year, distributions in kind, discretionary income distributions, and irrevocable and revocable living trusts. The instruction also includes identification of the duties of the fiduciary, characteristics of other types of trusts, purpose of the probate court and income distribution deduction, and options for IRA’s inherited by Continue reading "1041’s for Trust & Estates – REBROADCAST"...
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