This course - one of our "Understanding the Principles of Individual Taxation" series - will cover various types of retirement, pension, and annuity income. This course will cover reporting retirement income reported through Form(s) 1099-R, SSA-1099, RRB-1099-R and RRB-1099, among others. We will also discuss reporting requirements and practices for everything from contributions to and … Continue reading "UtPoIT - Retirement, Pensions, and Annuities"

Conference call covering important early preseason items for new partners with Federal Direct. We will be covering what you should be doing now to help ensure a smooth tax season this coming January. This call is targeted toward New Tax Office Partners with Federal Direct and will touch on Important Dates, New Registration processes and … Continue reading "New Partners Conference call: Preparing now for the coming tax season!"

This course - one of our "Understanding the Principles of Individual Taxation" series - will cover various types of passive and portfolio income, primarily through reporting interest, dividends, and utilizing Schedules K-1 through the Schedule E for the TY2024 season onwards. While the topic of rental income will be covered necessarily, the focus of the … Continue reading "UtPoIT - Passive and Portfolio Income"

This course - one of our "Understanding the Principles of Individual Taxation" series - will cover the fundamental principles of rental and royalty income for TY2024 and how it is reported primarily through the Schedule E. Detailed discussion over income and taxation types, active and material participation, deduction and loss limits, recordkeeping, and more will … Continue reading "UtPoIT - Rental and Royalty Income"