California Advanced I Income Tax Course

• 10 Chapters, 3 Hours per Chapter, Online course
• Updated for current tax laws
• 3 months of online access from date of registration
• Prior tax preparation experience/knowledge is required.
• Students normally enroll in this Course after completing the 10-week Comprehensive Income Tax Class and working at least one season as a tax preparer.
• This course includes a piece on California Small Businesses to meet the requirement for the state, which satisfies qualifying education and continuing education requirements for CTEC.

Course Materials/Resources:

• CA Advanced Income Tax Course Manual, by Peoples Income Tax
• Federal income tax reference material
• Automatic grading with instructional feedback
• Student forum and career center
• Certificate of Achievement upon completion
• Instructor support from veteran tax preparers

CPE Credit Eligibility:

30 hours of CPE Credit

Topics Include:

• Earned Income Credit
• Clergy
• Investments
• At Risk Rules
• Passive Activities
• Injured/Innocent Spouse
• Tax/Special Credits
• COGS/Business Start-Up
• Depreciation
• Amortization
• Section 179
• Employee Business Expense
• Office in Home
• Auto Expenses
• Self-Employment Tax
• Statutory Employees
• Capital Gains/Losses
• Basis of Property
• Sale of Stock
• Installment Sales
• Rental Properties
• K-1s/1099s
• Sale of Business Property
• Estimated Taxes
• Extensions