Customer Service: 800-778-7436     

Sign In to Your Surgent Account

Forgot Username or Password | Register for an Account

Targeted 1040 Forms Update for the Occasional Tax Preparer (CASU)

Choose CPE Format:

Live Webinar SELECT STARTING AT $219 (6 dates)

Credits: 8

Qualifies For: IRS CPE

Instructor(s): Dennis Benvie, MS, CPA

$219

Choose a Webinar Date

Please choose a Webinar date

NO HASSLE REFUNDS & TRANSFERS
EASY CANCELLATIONS
Self-Study SELECT STARTING AT $125 (On Demand)

Downloadable PDF

Credits: 8

Qualifies For: CPE

$125

Textbook

Credits: 8

Qualifies For: CPE

$140

Interested in bringing this course into your firm?

PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.

Targeted 1040 Forms Update for the Occasional Tax Preparer (CASU)

  • Customer Rating
  • Field of Study
    Taxes
  • Level
    Intermediate
  • Credits
    8
  • Qualifies for

    IRS CPE

Overview

Many individuals casually prepare a few income tax returns for family members, friends, or acquaintances. Many of such preparers are professionals in industry; and not in full-time tax preparation. The manual is designed to provide a comprehensive preparation update to the occasional preparer. The manual involves not only new tax rules for the current year, but also understanding how the new and old rules apply to current tax forms. The up-to-date review of important tax form changes will be invaluable to attendees who prepare tax returns for individuals.

Major Topics:

    • Tax reform update
    • Do I need a PTIN?
    • Can I use “Off-the-Shelf” software to prepare returns for individuals for a fee?
    • Am I required to register as an ‘Authorized e-file Provider?’
    • Where do I start?  
    • Professional people acting Professionally, and if not, what are the penalties? 
    • A tour of the most recent changes starting from gross income and ending with alternative minimum tax (AMT) and selected credits including the latest IRS guidance on significant recent tax legislation
    • Preparation of various Form 1040 individual tax returns and schedules; provided answers include “filled-in” forms
    • Tax filing status – Rules for filing status and planning opportunities and pitfalls
    • Self-employed person issues
    • Sale and exchange of property – Understanding Form 4797 and depreciation recapture; capital gains
    • Schedule C deductions
    • A working understanding of passive losses – How to handle rental property and how the passive loss rules flow to the tax forms
    • Itemized deductions – A thorough understanding of what’s deductible and what’s not
    • Interest deductions – Limitations and timing problems
    • How the Affordable Care Act affects tax returns
    • Review of new laws and changes in old forms to provide a familiarity for the upcoming tax season

Learning Objectives

  • Study current income tax Forms and Schedules for individual clients
  • Understand which income tax returns and schedules have changed
  • Review individual income tax preparation for the current year

Designed for:

Industry or non-tax professionals preparing individual income tax returns for the current tax year

Prerequisite:

Basic familiarity with tax rules relating to individual taxation

Advanced Preparation:

None

Interested in bringing this course into your firm?

PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.
loading

Loading...

Loading...

Thank You!

YOU HAVE ADDED THE FOLLOWING TO YOUR CART:


Loading...

Thank You!

Thank You! Your request has been submitted.



Get More with a Surgent CPE package

Unlimited Self-Study Package

  • Unlimited 24/7 access to 200+ downloadable self-study courses

  • Courses range from 2-20 credits

  • Provides online grading & CPE certificates by email

  • Does NOT included Premium courses

$499

Buy Now

Unlimited Webinar Package

  • Unlimited access to all non-premium live CPE webinars

  • Includes 1-, 2-, 3-, 4-, and 8-hour webinars, including Saturday and evening options

  • Access through 12/31/17

  • Does NOT included Premium courses

$649

Buy Now

Unlimited Plus Package

  • Unlimited access to ALL live CPE webinars

  • Includes all premium courses and virtual conferences

  • Unlimited 24/7 access to all self-study courses

  • Includes all on-demand webcasts Access for a year from purchase date

  • Unlimited 24/7 access to all self-study courses

  • Includes Premium courses

$849

Buy Now
  • CPE Continuing Professional Education for CPAs

  • IRS Continuing Education for EAs and the AFSP program

  • CFP Accepted by the CFP® Board

  • YB YellowBook Continuing Education

  • CTEC Approved for CE by CTEC

Explore Additional Courses by Topic

SURGENT IS APPROVED AS A PROVIDER OF CONTINUING EDUCATION BY:

Thank You!

Thank You! Your subscription has been submitted.