Tax CE Package # 2 | $65 | 16 Hours | Online Materials

$65 | 16 CPE hours 

Fun CPE Courses:  201812/201212/920213/201112 | View study guide / outline

Texts Included: Federal Tax Update | 1040 Overview-Part One | Tax Preparer Ethics | Charitable Contributions

Meets the Enrolled Agent minimum annual CE requirement of 16 CE hours/year

Tax CE Package # 2 is made up of 4 courses:

Course Name	Subject	CE	Cost
Federal Tax Update (2012-2013) Includes highlights of American Taxpayer Relief Act (ATRA) of January 1, 2013	Tax Update	3	$15
1040 Overview-Part One (2012-2013)	Tax	10	$36
Ethics for Tax Preparers (2013)	Ethics	2	$14
Charitable Contributions (2012-2013)	Tax	1	Free
TOTAL		16	$65

How does this work? Click Add to Cart button above, then click Add to Cart again in the pop up window (pictured below). You will need to do this 4 times--once for each course above. Then, click Checkout to complete.

Format: Interactive self-study | 50-minute hour credit

Total (4 exams) questions: Review - 95 | Final - 95 

Prerequisites: None

Advance preparation: None

Course level: Overview

Course last updated: February 11, 2013

Learning objectives: To understand how the income tax law  applies to individuals and how the Circular 230 Rules apply to tax preparers. You will learn:

Federal Tax Update 

How the recent Federal tax law updates apply to situations you may encounter, such as:

• Filing and reporting requirments
• Income and adjustment to income
• Deductions
• Credits
• Taxes

1040 Overview-Part One

• Who must file a return,
• Which tax form to use,
• When the return is due,
• Types of income, gains and losses and
• Adjustments to income such as IRAs, alimony and education related adjustments.

 Tax Preparer Ethics

• What "Practice before the IRS" means
• Who is considered a "practitioner"
• What information must be furnished to the IRS
• A practitioner's responsibility as to knowledge of a client's omission, accuaracy and prompt disposition of IRS matters
• If and/or when you can accept assistance from disbarred or suspended persons and former IRS employees
• Restrictions on being both a notary and a practitioner
• Allowable fee agreements
• When and/or if client records must be returned
• What are conflicts of interest
• Advertising and solicitation restrictions
• When and/or if you can negotiate taxpayer checks
• Best practices for tax advisors
• Standards for tax returns and documents, affidavits and other papers
• Requirements for covered opinions and written advice

Charitable Contributions

• Definition of qualified organizations
• Why you must file a Form 1040 to deduct a charitable contribution
• Types of qualified organizations
• General guidelines for deductible contributions
• Deductibility of contributions from which you benefit
• Out-of -pocket expenses in giving services
• Non-Deductible Contributions
• Special rules that may apply to contributions of property
• How to determine fair market value
• Giving property that has increased or decreased in value
• When your contribution is considered to have been delivered
• The 50% limit and 50% limit organizations
• The 30% limit and special 30% limit for capital gain property
• Cash vs non-cash contribution records
• The kind of records your must keep depending on the amount of the contribution