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Assured Right Tax Course
Introduction
Welcome
Meet Your Tax Coach
Course Curriculum
Section summary
Becoming a Tax Pro
Customer Service
What is my PTIN?
Understanding Tax Preparer Creditials & Qualifications
Tax Preparer Due Diligence (IRS Requirement)
Section summary
Quiz 1
Federal Income Tax Basics
Introduction to Income Tax
Federal Income Tax Rate Schedule
Circular 230
Circular 230 part 2
Who can practice before the IRS?
Taxpayer Rights
Due Diligence & Record Keeping
Understanding Tax Laws & Regulations
Tax Dates You Should Know!
Quiz 2
Itemized Deductions and Credits
Introduction to Federal Individual Income Tax
Paper Returns vs EFILE Returns
What is Form 1040?
Tax Schedules
Types of Schedules
Most Common Tax Forms
What are deductions and credit?
Standard Deduction vs Itemized Deduction
Important Resources
Quiz 3
Types of income
Earned Income vs Unearned Income
Federal Withholding ( W4 Form)
W2 Form
Household workers
1099 Forms
Unemployment income (1099 G Form)
1098 Forms
Income Summary
Quiz 4
Important Resources
Key Compotents of Business Income
Types of Business Entities
What is a schedule C?
How to calculate the schedule c
Understanding Business Expenses
Business Expense Catagories
How to stay compliant when filing a schedule C
The Risk of Schedule C's
Due Diligence
Did You Know ?
Schedule C Scenerios
Important Resources
Quiz 5
IRS Audits
What is a IRS audit and what triggers it ?
How is selection for audit done?
How are you notified of about an audit?
What is needed in case of an audit?
How to know if they received my response?
What happens if you dont respond to an audit?
Quiz 6
Tax Amendments, Extensions, & Rejections
What is a tax amendment?
Steps for Completing Amendment
What is a tax extension?
IRS Rejection Codes & What do they mean?
How to resolve IRS rejection codes
What are IRS FREEZE codes
Quiz 7
State Income Tax Returns
Understanding State Income Tax
Understanding Tax Residency and Its Impacts
Conclusion
Final Examination
Working As A Tax Pro!
Tax Preparer Best Practices
Tax Preparation
Practice Tax Returns
Practice 1
Practice 2
Practice 3
Practice 4
Customer Service
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