Course Information

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1040 Preparation and Planning Part 1: Fundamentals (2008 Edition)
Author: Sidney Kess and Barbara Weltman

Description:
The purpose of this series of courses is to bring the tax preparer "up-to-speed" in the most efficient way possible for the tax preparation season. It offers quick answers and hands-on help for tax return preparation that has become increasingly complex by several recently passed tax Acts.

The first course in the series will introduce you to the fundamentals of federal income tax and will give you an overview of the general income tax structure. The topics presented in this initial course are discussed in general terms and will be covered at length in subsequent courses in this series.

It is essential to clearly and thoroughly understand these basic principles. Even though you may already be familiar with much of the subject matter, you are urged to take this introductory course for a quick brush-up.

This course will review filing requirements, exemption amounts, exemption eligibility requirements, and the phaseout rules for high-income individuals.

There is also a sample 1040 return filled in for a hypothetical family. The return illustrates many of the concepts discussed throughout this course.

Course Details:
Price:  $45.00
Field of Study:  Taxes
Prerequisites:  None
Level:  Basic
CTEC course number:  1075-CE-4994
Course was last updated on:  11/19/07
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Library:
This course does not belong to any Specialty Libraries.

Technical Requirements:
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
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Credit Available For: Units
CPE 3.0 CPE
QAS 3.0 CPE
CFP® (Accepted by the CFP Board) 3.0 CPE
Enrolled Agent (Accepted by the IRS) 3.0 CPE
CTEC Federal 3.0 CE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

CCH has been approved by the California Tax Education Council to offer courses that provide federal and state credit towards the annual "continuing education" requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

User Reviews
Reviewer: Brian C. submitted on 12/30/2008
The format of the information was easy to follow. Also, the explanations were simple and made it easy to understand.
Reviewer: Rolanda T. submitted on 12/29/2008
n/a
Reviewer: Dennis C. submitted on 12/26/2008
Well written and organized
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