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Elite Tax Academy
Introduction
Introduction (1:18)
Prepare a Tax Return
Personal Information and Filing Status
Overview of the IRS 1040 form
Schedule A, B, C, D and E
Schedule SE Self Employment Tax
Importance of understanding income, credits, and deductions (1:12)
Section summary
Quiz
Income Calculation
Sources of income for individuals
Calculating gross income
Adjusted Gross Income (AGI) calculation
Understanding tax-exempt income
Section summary
Quiz
Credits
Different types of tax credits available
Calculating tax credits
Refundable vs. non-refundable credits
Section summary
Quiz
Deductions
Standard deduction vs. itemized deductions
Eligible expenses for itemized deductions
Calculating deductions for AGI
Section summary
Quiz
Ethics
Confidentiality
Integrity and Compliance
Avoid Conflict of Interest
Consequences of Unethical Behavior
Section summary
Quiz
Audit
What is a Audit
Type of Audits
Why Me?
Handling an Audit
Understanding Ethical Practices and Audits (2:09)
Section summary
Quiz
Filing Process
Overview of the filing process
Common errors to avoid when filing taxes
Electronic filing VS Paper filing
Documents needed when filing
Section summary
Quiz
PTIN Registration and Renewal
PTIN Registration
PTIN Renewal
Section summary
Quiz
Software Training
Software Training Videos
Taxestogo Mobile app
Tax Professional Success / Conclusion
Best Practices
Conclusion (1:24)
Quiz
Teach online with
Refundable vs. non-refundable credits
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