Itemized Deductions vs. Standard Deductions - What is the difference? When to itemize? What is deductible? What records are needed when filed? Specifics to Schedule A's.
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This course will review the provisions and details of the Patient Protection & Affordable Care Act and how these new provisions will effect Individual tax preparation for the coming tax year and beyond.
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Self-employed taxpayers should not be intimidating. We will be covering how to properly report income and expenses on Schedule C; including who must file a Schedule C, what Forms 1099-MISC and 1099-K are used for, and what qualifying expenses are. There will also be a line-by-line walk-through detailing Schedule C data entry.
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