IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

IRS Form 1040 Preparation Fundamentals (OnDemand Webinar)

$149.00

SKU: 409344EAU

Description

Sharpen your understanding of the basics of personal income taxes and reporting them on a Form 1040.Filing your income taxes is a chore. Without a better understanding of the U.S. tax system and the forms used to report to the IRS, filing taxes can potentially become problematic. With a maze of IRS publications, and confusing and everchanging IRS reporting guidelines, compliance can be a daunting task for any person. Reduce potential IRS scrutiny. Learn about fundamental income tax laws and rules and changes to Form 1040.

Date: 2021-11-04 Start Time: End Time:

Learning Objectives

U.S. Income Tax System
• Federal Income Tax Structure
• Classification of Taxpayers
• Internal Revenue Service

Income Tax Returns
• Who Must File an Income Tax Return?
• Basic Contents of Form 1040 and Its Schedules
• Filing Form 1040 and Paying Tax

Basics of Tax Accounting
• Types and Character of Income
• Exemptions, Credits and Deductions

AIPB ,Enrolled Agents ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

William M. Gerhardt, J.D., LL.M. Taxation-Gerhardt Law Firm, PLLC