Courses
Taxation
Coronavirus Tax Summary
Course number: TAX791921
The Families First Coronavirus Response Act was signed by President Trump on March 18, 2020. Later on March 27, 2020, he signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, with a $2.2 trillion price tag. The Consolidated Appropriations Act (CAA), with a $900 billion price tag was signed into law on December 27, 2020 by President Trump. And finally, the American Rescue Plan Act of 2021 was signed on March 11, 2021. These Acts have been supplemented by pronouncements from the Treasury Department and Internal Revenue Service. These emergency coronavirus provisions are intended to limit the spread of the pandemic, support relief efforts, and stabilize the economy. This course is an overview and summary of tax provisions contained in the above legislation and government pronouncements. It provides a reference to selected individual, business, retirement, employment, filing, and charitable tax provisions adopted. The resulting major tax impact carries special meaning to the tax practitioner and return preparer. The course is intended to be a resource for tax professionals and staff alike to gain easy access to the most important major changes. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 3 hours
Printed Version$29
PDF$29
Colleague Test(s)$15
Contents
Getting Cash Out of Your Business
Course number: TAX769306
This course examines the various ideas, methods, and techniques capable of optimizing the overall compensation package for key employees and principals in small to medium sized businesses. Qualified and non-qualified deferred compensation, benefit targeting, insurance programs, statutory fringe benefits, interest free loans, and investment planning are investigated. Consideration is given to indirect compensation in the form of business entertainment, expense accounts, auto use, travel, and transportation. The new field of professional services is probed to provide tax, financial and estate planning to the key executive. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 3 hours
Printed Version$29
PDF$29
Colleague Test(s)$15
Contents
Guide to Tax Resolution
Course number: TAX794902
Tax resolution means providing solutions to businesses and individuals alike who find themselves in trouble with the IRS. To resolve tax matters with the IRS, the IRS’ Offer in Compromise (OIC) program encourages delinquent taxpayers to settle their back taxes, often for reduced amounts. The areas covered are: offers in compromise, wage garnishments, bankruptcy, installment arrangements, delinquent tax returns, IRS bank levies, Freedom of Information requests, IRS payment plans, payroll tax problems, IRS audits, penalty abatement, liens, collection appeals, IRS appeals, innocent spouse and expiration of statutes. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 6 hours
Printed Version$59
PDF$59
Colleague Test(s)$20
Contents
Home Business Tax Deductions
Course number: TAX578218
This course provides in-depth coverage of write-offs for home offices, start-up and operating expenses, vehicles and travel, meals, health insurance and medical bills, inventory, equipment, and much more. Contains many interesting and relevant examples. It also provides basic information on how different business structures are taxed and how deductions work. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 20 hours
Printed Version$129
PDF$129
Colleague Test(s)$60
Contents
Individual Retirement Accounts
Course number: TAX811103
Individual retirement accounts are investing tools that permit individuals to set aside money for retirement in a way that is preferential from a tax standpoint. This course will review the following types of IRA accounts: Traditional IRAs, Roth IRAs, SIMPLE IRAs and SEP IRAs. It will describe who is allowed to open and contribute to an IRA account during the tax year; identify when contributions are deductible and when they are not deductible; describe the time allowed to roll over distributions and the ramifications of not completing rollovers within the allotted time; and finally, describe when taxpayers are permitted to take distributions from an IRA account. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 4 hours
Printed Version$39
PDF$39
Colleague Test(s)$15
Contents
LLC or Corporation?
Course number: TAX572209
This course covers all aspects of the choice of entity decision, including personal liability concerns, money issues, concerns of doing business out-of-state, converting a partnership or a sole proprietorship to another entity, converting an LLC to another entity, converting, dissolving or selling a corporation, and much more. The text also provides conversion and formation scenarios that provide a real-world look at all the options available. It is better to get all the facts and make an informed decision up-front than expend an excess of time and effort cleaning up after a mistaken choice later. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam and grading service.NASBA field of study: Taxes Course credit: 12 hours
Printed Version$79
PDF$79
Colleague Test(s)$35
Contents
Partnerships, LLCs and S Corporations
Course number: TAX824212
This course covers the rules and regulations surrounding partnerships, LLCs and S corporations. Topics include discussions regarding the classifications of the different types of business entities. It also thoroughly explains the treatment of partnership interest and how the partnership’s operations, contributions and distributions affect the bases of the partners. Details of partnership income is presented, along with the calculation and allocation of income among the partners. The course further provides information on the different types of allocations, distributions and contributions and the limits and treatments of these. Other topics include partnership debt, losses, and disguised sales along with the treatment of the death or the retirement of a partner. Additionally, the course outlines the important principles of S corporations which include topics discussing the election, formation, special taxes, income, distributions, and termination of an S corporation election. Course Level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 36 hours
Printed Version$229
PDF$229
Colleague Test(s)$110
Contents
Preparing 2021 Business Tax Returns
Course number: TAX2220
Preparing 2021 Business Tax Returns covers everything you need to know about corporations, partnerships, LLCs, exempt organizations, accounting periods and methods, business expenses, capitalized costs, amortization, depletion and depreciation. Also covers bad debts, calculating gain and loss, installment sales, passive activities, Section 179 deductions, and more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 5 modules; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 20 hours
Printed Version$129
PDF$129
Colleague Test(s)$60
Contents
Preparing 2021 Business Tax Returns
Course number: TAX2225
Preparing 2021 Business Tax Returns covers everything you need to know about corporations, partnerships, LLCs, exempt organizations, accounting periods and methods, business expenses, capitalized costs, amortization, depletion and depreciation. Also covers bad debts, calculating gain and loss, installment sales, passive activities, Section 179 deductions, and more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 5 modules; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 25 hours
Printed Version$149
PDF$149
Colleague Test(s)$75
Contents
Preparing 2021 Business Tax Returns
Course number: TAX2230
Preparing 2021 Business Tax Returns covers everything you need to know about corporations, partnerships, LLCs, exempt organizations, accounting periods and methods, business expenses, capitalized costs, amortization, depletion and depreciation. Also covers bad debts, calculating gain and loss, installment sales, passive activities, Section 179 deductions, and more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 5 modules; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 30 hours
Printed Version$179
PDF$179
Colleague Test(s)$90
Contents
Preparing 2021 Business Tax Returns
Course number: TAX2240
Preparing 2021 Business Tax Returns covers everything you need to know about corporations, partnerships, LLCs, exempt organizations, accounting periods and methods, business expenses, capitalized costs, amortization, depletion and depreciation. Also covers bad debts, calculating gain and loss, installment sales, passive activities, Section 179 deductions, and more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 5 modules; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 40 hours
Printed Version$219
PDF$219
Colleague Test(s)$120
Contents
Preparing 2021 Business Tax Returns + Master Tax Guide
Course number: TAX2220MTG
Preparing 2021 Business Tax Returns covers everything you need to know about corporations, partnerships, LLCs, exempt organizations, accounting periods and methods, business expenses, capitalized costs, amortization, depletion and depreciation. Also covers bad debts, calculating gain and loss, installment sales, passive activities, Section 179 deductions, and more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 25 hours; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service. Order this item and we will include a copy of the 2022 U.S. Master Tax Guide as supplemental material. NOTE: If you order the PDF version of this item, we will ship ONLY the Master Tax Guide to you. All other materials will be in PDF format.NASBA field of study: Taxes Course credit: 20 hours
Printed Version$189.00
PDF$189
Colleague Test(s)$60
Contents
Preparing 2021 Business Tax Returns + Master Tax Guide
Course number: TAX2225MTG
Preparing 2021 Business Tax Returns covers everything you need to know about corporations, partnerships, LLCs, exempt organizations, accounting periods and methods, business expenses, capitalized costs, amortization, depletion and depreciation. Also covers bad debts, calculating gain and loss, installment sales, passive activities, Section 179 deductions, and more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 25 hours; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service. Order this item and we will include a copy of the 2022 U.S. Master Tax Guide as supplemental material. NOTE: If you order the PDF version of this item, we will ship ONLY the Master Tax Guide to you. All other materials will be in PDF format.NASBA field of study: Taxes Course credit: 25 hours
Printed Version$209
PDF$209
Colleague Test(s)$75
Contents
Preparing 2021 Business Tax Returns + Master Tax Guide
Course number: TAX2230MTG
Preparing 2021 Business Tax Returns covers everything you need to know about corporations, partnerships, LLCs, exempt organizations, accounting periods and methods, business expenses, capitalized costs, amortization, depletion and depreciation. Also covers bad debts, calculating gain and loss, installment sales, passive activities, Section 179 deductions, and more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 25 hours; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service. Order this item and we will include a copy of the 2022 U.S. Master Tax Guide as supplemental material. NOTE: If you order the PDF version of this item, we will ship ONLY the Master Tax Guide to you. All other materials will be in PDF format.NASBA field of study: Taxes Course credit: 30 hours
Printed Version$239
PDF$239
Colleague Test(s)$90
Contents
Preparing 2021 Business Tax Returns + Master Tax Guide
Course number: TAX2240MTG
Preparing 2021 Business Tax Returns covers everything you need to know about corporations, partnerships, LLCs, exempt organizations, accounting periods and methods, business expenses, capitalized costs, amortization, depletion and depreciation. Also covers bad debts, calculating gain and loss, installment sales, passive activities, Section 179 deductions, and more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 25 hours; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service. Order this item and we will include a copy of the 2022 U.S. Master Tax Guide as supplemental material. NOTE: If you order the PDF version of this item, we will ship ONLY the Master Tax Guide to you. All other materials will be in PDF format.NASBA field of study: Taxes Course credit: 40 hours
Printed Version$279
PDF$279
Colleague Test(s)$120
Contents
Preparing 2021 Individual Income Tax Returns
Course number: TAX21920
This course includes information on dependents; withholding; estimated tax; income - including wages, tips, interest, dividends, rentals, retirement plans, pensions, annuities, and Social Security; basis of property; property sales, including personal residences; itemized deductions; car expenses; credits - including child care, education, and earned income; the qualified business income deduction; and much more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 5 modules; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 20 hours
Printed Version$129
PDF$129
Colleague Test(s)$60
Contents
Preparing 2021 Individual Income Tax Returns
Course number: TAX21925
This course includes information on dependents; withholding; estimated tax; income - including wages, tips, interest, dividends, rentals, retirement plans, pensions, annuities, and Social Security; basis of property; property sales, including personal residences; itemized deductions; car expenses; credits - including child care, education, and earned income; the qualified business income deduction; and much more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 5 modules; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 25 hours
Printed Version$149
PDF$149
Colleague Test(s)$75
Contents
Preparing 2021 Individual Income Tax Returns
Course number: TAX21930
This course includes information on dependents; withholding; estimated tax; income - including wages, tips, interest, dividends, rentals, retirement plans, pensions, annuities, and Social Security; basis of property; property sales, including personal residences; itemized deductions; car expenses; credits - including child care, education, and earned income; the qualified business income deduction; and much more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 5 modules; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 30 hours
Printed Version$179
PDF$179
Colleague Test(s)$90
Contents
Preparing 2021 Individual Income Tax Returns
Course number: TAX21940
This course includes information on dependents; withholding; estimated tax; income - including wages, tips, interest, dividends, rentals, retirement plans, pensions, annuities, and Social Security; basis of property; property sales, including personal residences; itemized deductions; car expenses; credits - including child care, education, and earned income; the qualified business income deduction; and much more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 5 modules; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 40 hours
Printed Version$219
PDF$219
Colleague Test(s)$120
Contents
Preparing 2021 Individual Income Tax Returns + Master Tax Guide
Course number: TAX21920MTG
This course includes information on dependents; withholding; estimated tax; income - including wages, tips, interest, dividends, rentals, retirement plans, pensions, annuities, and Social Security; basis of property; property sales, including personal residences; itemized deductions; car expenses; credits - including child care, education, and earned income; the qualified business income deduction; and much more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 5 modules; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service. Order this item and we will include a copy of the 2022 U.S. Master Tax Guide as supplemental material. NOTE: If you order the PDF version of this item, we will ship ONLY the Master Tax Guide to you. All other materials will be in PDF format.NASBA field of study: Taxes Course credit: 20 hours
Printed Version$189
PDF$189
Colleague Test(s)$60
Contents
Preparing 2021 Individual Income Tax Returns + Master Tax Guide
Course number: TAX21925MTG
This course includes information on dependents; withholding; estimated tax; income - including wages, tips, interest, dividends, rentals, retirement plans, pensions, annuities, and Social Security; basis of property; property sales, including personal residences; itemized deductions; car expenses; credits - including child care, education, and earned income; the qualified business income deduction; and much more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 5 modules; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service. Order this item and we will include a copy of the 2022 U.S. Master Tax Guide as supplemental material. NOTE: If you order the PDF version of this item, we will ship ONLY the Master Tax Guide to you. All other materials will be in PDF format.NASBA field of study: Taxes Course credit: 25 hours
Printed Version$209
PDF$209
Colleague Test(s)$75
Contents
Preparing 2021 Individual Income Tax Returns + Master Tax Guide
Course number: TAX21930MTG
This course includes information on dependents; withholding; estimated tax; income - including wages, tips, interest, dividends, rentals, retirement plans, pensions, annuities, and Social Security; basis of property; property sales, including personal residences; itemized deductions; car expenses; credits - including child care, education, and earned income; the qualified business income deduction; and much more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 5 modules; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service. Order this item and we will include a copy of the 2022 U.S. Master Tax Guide as supplemental material. NOTE: If you order the PDF version of this item, we will ship ONLY the Master Tax Guide to you. All other materials will be in PDF format.NASBA field of study: Taxes Course credit: 30 hours
Printed Version$239
PDF$239
Colleague Test(s)$90
Contents
Preparing 2021 Individual Income Tax Returns + Master Tax Guide
Course number: TAX21940MTG
This course includes information on dependents; withholding; estimated tax; income - including wages, tips, interest, dividends, rentals, retirement plans, pensions, annuities, and Social Security; basis of property; property sales, including personal residences; itemized deductions; car expenses; credits - including child care, education, and earned income; the qualified business income deduction; and much more. This course is available for 20, 25, 30 or 40 hours of continuing education credit. We have divided the information in the text into 8 separate modules. If you order our 20-hour course, you will complete any 4 modules to receive your CPE credit; if you order our 25-hour course, you will complete any 5 modules; if you order our 30-hour course, you will complete any 6 modules; and if you order our 40-hour course, you will complete all 8 modules. Regardless of which course you order, you will receive the text, a complete copy of the test booklet (including all 8 modules), and our grading service. Prerequisites: None. Course Level: Basic. Course includes integrated text and study guide, final exam, and grading service. Order this item and we will include a copy of the 2022 U.S. Master Tax Guide as supplemental material. NOTE: If you order the PDF version of this item, we will ship ONLY the Master Tax Guide to you. All other materials will be in PDF format.NASBA field of study: Taxes Course credit: 40 hours
Printed Version$279
PDF$279
Colleague Test(s)$120
Contents
Rental Real Estate Deductions
Course number: TAX578818
If you or your clients own rental property, you should be taking advantage of the many tax write-offs available. This book explains how to maximize your deductions. Find out how to: fill out IRS Schedule E, take real estate tax credits, figure out if an expense is a repair (deductible) or an improvement (depreciable), maximize your depreciation deductions, deduct losses arising from real estate ownership, keep proper tax records, deduct home office, travel, casualty losses and much more. The course is comprehensive yet easy to read and jam-packed with interesting and relevant examples. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam and grading service.NASBA field of study: Taxes Course credit: 20 hours
Printed Version$129
PDF$129
Colleague Test(s)$60
Contents
Retirement Plans for Small Businesses
Course number: TAX795502
In this course various retirement plans are considered in detail and compared with other plans. This course discusses factors that influence the decisions about the optimal plan for a business including available tax credits. Decision flowcharts are provided that tax practitioners can use to guide their clients in making appropriate retirement plan selections. Regular 401(k) plans are not analyzed in this course because they are subject to greater reporting requirements and potentially onerous nondiscrimination testing. Additionally, this course does not include a detailed analysis of retirement plan distributions or rollovers. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 2 hours
Printed Version$19
PDF$19
Colleague Test(s)$12
Contents
S Corporations: Overview and Taxation
Currently available in PDF format only
Course number: TAX986208
Discusses selected topics that cover many aspects of S corporations and taxation. These topics include the tax considerations in electing the S corporation status; requirements to be an S corporation; filing of an S corporation election and tax return; accounting methods and tax years; income and loss; deductible expenses; corporate income taxes and credits; rules for basis, rules for losses, and passive loss rules; distributions; and the accumulated adjustments account. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 24 hours
PDF$139
Colleague Test(s)$70
Contents
Section 199A Pass-Through Deduction
Course number: TAX924402
This course examines the pass-through deduction authorized under § 199A of the TCJA. The text is conceptually divided into three sections. First, calculation of the pass-through deduction for business owners whose taxable income does not exceed a threshold amount set by statute; second, calculation of the pass-through deduction for business owners whose taxable income is greater than the threshold; and finally, calculation of the pass-through deduction for business owners whose taxable income is greater than the threshold and whose businesses are considered specified service trades or businesses (SSTBs). The final chapter examines each of the business categories that are considered specified service trades or businesses and identifies those businesses that might appear to be placed in those categories, but which would not be deemed SSTBs. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam and grading service.NASBA field of study: Taxes Course credit: 4 hours
Printed Version$39
PDF$39
Colleague Test(s)$15
Contents
Small Business Tax Deductions
Course number: TAX578418
The fastest way for any small business to make more money is to pay less to the IRS. This course will show you how to maximize the business deductions you are entitled to. The book is organized into practical categories featuring common deductions, including start-up expenses, operating expenses, health deductions, vehicles, travel, meals, inventory, equipment and many more. Whether a business is just starting or well established, this course will provide valuable information. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 18 hours
Printed Version$119
PDF$119
Colleague Test(s)$50
Contents
Stand Up to the IRS
Course number: TAX571214
This course shows you how to help your clients challenge tax bills; remove tax penalties; get a long-term payment plan for a tax bill; gather documentation for an audit; appeal audit findings; determine if their tax debt can be eliminated through bankruptcy; stop IRS wage and property seizures; and get help from the IRS Ombudsman. The text includes all the forms necessary for dealing with the IRS and representing your clients in Tax Court. Also includes confidential forms used by the IRS during audits and collection interviews. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 20 hours
Printed Version$119
PDF$119
Colleague Test(s)$60
Contents
Taking Money Out of Retirement Plans
Course number: TAX586515
Covers the rules, taxes, and potential penalties associated with withdrawing funds from retirement plans. Offers details on early distributions used to pay higher-education expenses or health-insurance premiums, distributions you must take during your lifetime (when they begin, how they are computed, what happens if your beneficiary changes), and distributions made after an account holder dies. Helpful appendices include relevant IRS forms, notices, and schedules, as well as life-expectancy tables. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 14 hours
Printed Version$99
PDF$99
Colleague Test(s)$45
Contents
Tax Basics for Small Business
Course number: TAX543521
This course is ideal for the CPA looking to expand into the tax field. Provides an excellent overview of tax-deductible expenses, depreciation and payroll taxes. Also covers choosing the right business form (S Corp, C Corp, LLC, etc), fringe benefits, buying or selling a business and dealing with the IRS. Course level: Very Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 22 hours
Printed Version$129
PDF$129
Colleague Test(s)$65
Contents
Tax Basis of Assets
Course number: TAX751706
The basis of property is used to figure depreciation, amortization, depletion, and casualty losses. It is also used to figure gain or loss on dispositions of property. This course will show you how to calculate cost basis, adjusted basis, and basis other than cost. Includes information on stocks, bonds, real property, business assets, and intangible assets. Also covers the uniform capitalization rules and will also show you how to allocate basis when a group of assets or a trade or business is acquired. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 5 hours
Printed Version$49
PDF$49
Colleague Test(s)$15
Contents
Tax Deductions for Professionals
Course number: TAX579917
This comprehensive course covers common deductions for professionals, including start-up and operating expenses, the pass-through deduction, health deductions, vehicles and travel, home office, deducting long-term assets, and many more. In addition, it can help you choose the best legal structure for your practice. Also covers putting money into retirement accounts, the tax implications of owning the building you work in, and deducting the cost of continuing education, professional fees, and other expenses. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 20 hours
Printed Version$129
PDF$129
Colleague Test(s)$60
Contents
Tax Guide for Nonprofits
AVailable in PDF format only
Course number: TAX581507
Explains the rules and regulations that nonprofits must comply with in easy-to-understand language. Covers IRS compliance requirements for nonprofits, including the new Form 990 and 990-EZ, conflicts of interest and compensation, charitable giving rules, unrelated taxable business income, lobbying and political activity restrictions, nonprofit bookkeeping, and other key tax rules. Whether you are new to the nonprofit area or are well established, this course will provide you with lots of specific advice, examples and practical information. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 20 hours
Printed Version$
PDF$129
Colleague Test(s)$60
Contents
Tax Guide for Short-Term Rentals
Course number: TAX580205
This course shows you everything you need to know about taxes on short-term rentals, including what deductions are available; how to report short-term rental income; how to deduct losses; vacation home and tax-free rental rules; how to allocate costs when renting a room in your home, and how to keep proper records. Whether you rent your property through Airbnb, FlipKey, HomeAway, TripAdvisor, Craigslist, or VRBO, you need to be sure you understand these tax rules. Course Level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.NASBA field of study: Taxes Course credit: 8 hours
Printed Version$69
PDF$69
Colleague Test(s)$25
Contents
Tax Treatment of Virtual Currency
Course number: TAX941501
Virtual currency use is increasing, and roughly 3 in 10 Americans younger than age 30 indicate they have invested in, traded, or used a virtual currency, such as Bitcoin or Ethereum. As a result, tax preparers are more likely than ever to encounter clients who have engaged in one or more virtual currency transactions during the year and who may have taxable income as a result. Tax Treatment of Virtual Currency briefly discusses the nature of virtual currency, how transactions in virtual currency occur and are recorded, and the tax treatment to which they are subject. Course includes integrated text and study guide, final exam and grading service.NASBA field of study: Taxes Course credit: 2 hours
Printed Version$19
PDF$19
Colleague Test(s)$12
Contents
