Streamlined Tax Staff Training - Individual

Overview

You could pay $0 for this course!

Essential knowledge for the new income tax return preparer presented in an information-packed day of practical instruction. Return preparation techniques are illustrated using real practice situations culled from hundreds of "tax organizers" and thousands of client questions. This program is a great jump start for the career of the new accountant.

This course qualifies for reimbursement through the state’s Workforce Training Express Fund. Firms/companies with fewer than 50 staff can be reimbursed up to 100% of the cost of training and firms/companies with 50-100 employees can be reimbursed up to 50% of the cost of training. You must register for the course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks prior to the start of the course to be eligible. The course code for this program is C-6208. To learn more, click here or contact Julia Ekelund at jekelund@masscpas.org.

Prerequisites

None

Designed For

New tax staff members who need orientation to individual tax return preparation issues.

Objectives

Participants will be able to: • Identify tax issues and when to ask for help • Interpret client information-real estate closing statements, Forms 1099R, Forms 1099 from mutual funds, and Forms 1099B from brokers to properly classify and report transactions • Analyze supporting documents for tax information • Prepare Forms 1040, 4562, 4797, 6251, and others efficiently (with or without a computer) • Use IRS publications and information at www.irs.gov to answer tax questions efficiently • Be a productive member of the tax team, communicating clearly with a return reviewer

Preparation

None