Small Business I

Small Business I

If you are comfortable with your knowledge of individual tax return preparation, the next step is small business. This course is designed as an introduction to some of the issues involved in the preparation of tax returns for various forms of business entities and consists of 10 lessons, which will give you the information necessary to handle basic partnerships – Form 1065 and corporations Form 1120 & 1120S as well as more complex sole-proprietorships – Schedule C. Interactive self study classes are eligible for 30 hours of CPE.

3 Months Access / 30 Course Hrs
  • Details
  • Syllabus
  • Requirements
$447.00

$447.00
Self-Guided

Details

If you are comfortable with your knowledge of individual tax return preparation, the next step is small business. This course is designed as an introduction to some of the issues involved in the preparation of tax returns for various forms of business entities and consists of 10 lessons, which will give you the information necessary to handle basic partnerships – Form 1065 and corporations Form 1120 & 1120S as well as more complex sole-proprietorships – Schedule C. Interactive self study classes are eligible for 30 hours of CPE.

Syllabus

  1. Business Types
  2. Accounting Methods
  3. Financial Statements
  4. Business Income
  5. Schedule C
  6. COGS/Inventory
  7. Depreciation
  8. Section 179 Deduction
  9. Contractor vs. Employee
  10. Sale of Business Property
  11. Partnerships
  12. Corporations - C, S, LLC
  13. Employee Taxes
  14. Excise Taxes
  15. Estate Taxes
  16. Extensions
  17. Estimates
  18. Employee Benefits
  19. Retirement Plans

Requirements

Prerequisites:

Comprehensive Tax Course


Needed For All Programs:

  • Computer & Internet Access
  • Adobe Reader (free download)
  • Student Text (provided)
  • Student References (provided)

Self-Guided Course Code: T3329