On-Demand


44.5 CPE

Tax Staff Essentials Level 1 - New Staff (2024)

The ultimate toolkit for junior tax staff

On-Demand
44.5 CPE

Learning Objectives

  • Recognize how to document tax return information.
  • Recognize the common types of difficult communication patterns found in the workplace and how to cope with these situations.
  • Calculate the partner’s or member’s remaining basis in interest following a distribution of cash or property from the partnership or LLC.
  • Identify the tax basis of self-constructed assets.
  • Recognize the five steps that must be addressed to achieve a successful research effort.

Major Topics

  • Filing requirements and personal exemptions
  • Gross income inclusions, exclusions and adjustments
  • Sole proprietorships, hobby loss rules and passive activities
  • Home offices, rental properties and vacation homes
  • Pass-through entity basis calculations
  • Pass-through entity distributions
  • Capital improvements and repair
  • Depreciation methods and IRS tables
  • Intangible asset amortization
  • Online tax research methodology and authoritative tax hierarchy
  • The power of professional language in business writing
  • Tax return support documentation

CPE Credits Available

44.5 CPE
44.5
Taxes

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Tax

Intended Audience

Junior accounting and tax professionals

Provider

AICPA - Durham

Purchase This Course

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  • COCPA Non-Member

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