BECOME AN EXPERT

At iTAX, it is our commitment to insure we provide our students with the most accurate and up-to-date information. Our classes are designed to provide the knowledge and skills necessary to transform your future.

Become an expert! iTAX U is now enrolling for Tax Preparation Classes. Already have some tax knowledge? Then our Weekend Warrior class might be the right training for you. It is a jammed-packed, live two-day training that prepares you for the season ahead. Earn 18 Hr CPE credits. Live training and Online access for extended training and tutorials. This is a free class, you just pay for materials. 

New to the Tax Industry? Want an all-inclusive look into taxes? Our comprehensive 60 hour course teaches you everything you need to know about taxes. The best feature of this class is that it can be attended anywhere! It is a full webinar consisting of live web training, online tutorials, quizzes and more! 

The classes are filling quickly. Please email classes@itax1040.com or visit itax1040.com, click iTAX U and complete the form. 

iTAX-U Courses & Credits

Tax Preparer Ethics
Credit hours - 2
IRS Course ID: 6PPE6-E-00071-17-S
Course Description
Learn about the OPR and its jurisdiction. Who can practice before the IRS? What is a Form 8821? What is a return position? The answer to these and many others await you in this interesting look at preparer responsibilities. “The tax system is best served by tax return preparers who are ethical, provide good service and are qualified.” –Unknown

Circular 230 With an emphasis on ERO’s
Credit hours - 2
IRS Course ID: 6PPE6-E-00050-16-S
Course Description
This course covers Circular 230 and the regulations governing the Practice before the IRS with an emphasis on Registered Tax Return Preparers. Learn about the OPR and its jurisdiction, the requirements for becoming an RTRP and the IRS competency exam. Who can practice before the IRS? What is a Form 8821? What is a return position? The answer to these and many others await you in this interesting look at Circular 230 and the Registered Tax Return Preparer. 'The tax system is best served by tax return preparers who are ethical, provide good service and are qualified.' --Unknown Updated 10/20/2016

 Federal Tax Law
Intro, 1040 Overview, Who Must File
Credit hours - 1
IRS Course ID: 6PPE6-T-00070-17-S
Course Description
This program takes the student through the beginning stages of the tax return. Key tax terms and definitions are discussed. The various sections of the 1040 are covered in depth and the basic tax equation is introduced. The program covers who must file and the income thresholds for each filing status. Updated 11/20/2017

To Tax or not to Tax
Credit hours - 3
IRS Course ID: 6PPE6-T-00067-17-S
Course Description
"To Tax or Not to Tax" that is the question! This course looks at most types of income giving general rules to follow so you can answer the question: "To Tax or Not to Tax?" Updated 11/20/2017

Filing Status and Dependents
Credit hours - 1
IRS Course ID: 6PPE6-T-00069-17-S
Course Description
This course focuses on the varying filing status options and the focus that goes into determining the correct filing status. The course also covers all aspects of dependency and the 5 step dependency test. Updated 11/20/2017

Self-Employment Topics
Credit hours - 1
IRS Course ID: 6PPE6-T-00068-17-S
Course Description
This course covers all aspects of income taxes for the self-employed. From the specific types of business entities to the proper forms needed to file the tax return, the learner will get an in depth look at what is needed to properly prepare a tax return for the self-employed. Updated 11/20/2017

Itemized Deductions
Credit hours - 2
IRS Course ID: 6PPE6-T-00066-17-S
Course Description
This course takes an in depth look at itemized deductions. The learner will be able to discern between deductible and nondeductible expenses in order to recognize when a taxpayer should consider itemizing deductions. The learner will have a firm grasp on how to answer the question from their client: What can I deduct? Updated 11/20/2017

Credits for Families with Children
Credit hours - 2
IRS Course ID: 6PPE6-T-00065-17-S
Course Description
Learn how to differentiate between the effects of tax credits and tax deductions. Understand the two major types of credits (refundable and non-refundable). This course offers an in-depth look at the credits available for taxpayers with dependents and children on the tax return. Earned Income Credit, Dependent Care Credit, and the Child Tax Credit are some of the credits covered in this course. Updated 11/20/2017

Capital Gains, Amended Returns, Estimated Payments
Credit hours - 2
IRS Course ID: 6PPE6-T-00063-17-S
Course Description
This course takes a in depth look at capital assets and their tax treatment. See how the Form 8949 relates to the Schedule D. Take a look at how capital gain stock transactions are reported by the brokers and how the income is treated on the tax return. Learn about the tax implications of selling a home and the exemption amounts allowed by the IRS. This course also takes a look at how to amend a previously filed tax return and how to properly file with the IRS. See how to calculate estimated tax requirements and the penalties allowed for underpayment. Updated 11/20/2017

Education – Credits & Deductions
Credit hours - 1
IRS Course ID: 6PPE6-T-00064-17-S
Course Description
More and more people are attending post-secondary schools. This course cover the education credits available and the differences in credits and adjustments to income. After completing the course, the learner will be able to best determine the proper way to treat all aspects of education on the tax return. Updated 11/20/2017

Federal Tax Update
ACA Overview and Key Terms
Credit hours - 2
IRS Course ID: 6PPE6-U-00060-17-S
Course Description
Objective: To Provide a Basic Introduction and Overview of the 2,752 pages of the PPACA Provisions. This course provides an introduction to the vast terminology and tax implications of the Patient Protection and Affordable Care Act. Upon the completion of this course the student will have the ability to recognize the tax implications of the ACA as it pertains to the federal taxation of both individuals and employers. The course explains the tax provisions of the ACA in an easy to understand format for anyone who prepares tax returns.

ACA Individual Tax Implications
Credit hours - 1
IRS Course ID: 6PPE6-U-00058-17-S
Course Description
Objective: To provide a basic understanding of the individual tax implications of the Affordable Care Act. Upon completion of this course the student will be able to recognize the effect the Affordable Care Act has on individual income taxation thereby allowing for accurate tax planning. This is a one hour course that explains the effects of the ACA for individual taxpayers in a clear and easy to understand format. Updated 11/20/2017

ACA and the New Tax Return
Credit hours - 4
IRS Course ID: 6PPE6-U-00061-17-S
Course Description
This course takes an in depth look at the complexities of the ACA and how it has changed the tax return. It covers the source documents that impact compliance with the mandate, penalty calculations, and exemptions. Learn how to reconcile the Premium Tax Credit and how to use the new tax forms created to comply with the new laws. If you have questions about the ACA and how the 2014 tax year and beyond is affected, this course is for you.

ACA Business Tax Implications
Credit hours - 1
IRS Course ID: 6PPE6-U-00059-17-S
Course Description
Objective: To provide a basic understanding of the employer and business tax implications of the Affordable Care Act. Upon completion of this course the student will be able to recognize the effect of the ACA on employer and business taxation. This provides the student the guidelines necessary for accurate tax planning. Updated 10/20/2016

Federal Tax Update
Credit hours - 2
IRS Course ID: 6PPE6-U-00062-17-S
Course Description
This course takes the learner through the changes from one tax year to the next. Learn what tax provisions are expiring and how the tax return will be affected. Tour the new laws and provisions and take a look at the changes in standard deduction and personal exemptions. Stay up to date with this Federal Tax Update.