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"

This course - one of our "Understanding the Principles of Individual Taxation" series - will cover various types of passive income, primarily through reporting interest, dividends, and utilizing Schedules K-1 through the Schedule E for the TY2022 season onwards.

Conference call covering important 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 partners with Federal Direct and will touch on Important Dates, New Registration processes and Requirements, and several … Continue reading "New Partners Conference call: Preparing for the coming tax season!"

This course - one of our "Understanding the Principles of Individual Taxation" series - will cover the fundamental principles of rental and royalty income for TY2022 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 "Understanding the Principles of Individual Taxation: Rental and Royalty Income"

This course - one of our "Understanding the Principles of Individual Taxation" series - will cover the reporting of capital gains income due to everything from yard sales, business asset sales, stocks, cryptocurrency, and beyond for TY2022 onwards.

This course - one of our "Understanding the Principles of Individual Taxation" series - will cover the various tax benefits and credits associated with education as outlined primarily in IRS Publication 970. This course applies mostly to TY2022 tax law, but does contain some historical discussion.

Marketing is often a second thought when starting your own tax prep business; when the truth is, it should be the first! You can be the best tax preparer, EA, or CPA in the country and be able to do taxes in your sleep, but that does not translate to a successful tax practice without … Continue reading "Pre-Season Tax Office Marketing Webinar"

This course - one of our "Understanding the Principles of Individual Taxation" series - will cover various aspects of taxes outside the income tax and how they intersect with federal taxation. In this course, we will cover various types of payroll and other state and local taxes, especially in regards to FICA and Form W-4 … Continue reading "Understanding the Principles of Individual Taxation: Taxes, Estimates, and Withholding"

This course - one of our "Understanding the Principles of Individual Taxation" series - covers the treatment of deducting capital expenses through a process known as depreciation. Discussions include the use of Form 4562, thorough breakdowns of terminology, and similar treatments to depreciation like amortization. Included are also discussions on utilizing advanced forms of depreciation … Continue reading "Understanding the Principles of Individual Taxation: Capitalization"

Conference call covering important 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 Requirements, … Continue reading "New Partners Conference call: Preparing for the coming tax season!"