Hello and welcome to Tax365 Tax Academy! Our mission is to train the next generation of tax professionals and develop you into successful business owners. As the founder and CEO of Tax365, Inc. and Tax365 Tax Academy, I would like to thank you for allowing me to coach you on this journey. Well trained tax preparer are in high demand and the more you know the more you can make. In this Basic Tax Prep course I will teach you how to prepare individual tax returns using professional tax software. This course consists of five modules, which includes live classes via Zoom, practice exercises, and quiz. You will complete five tax returns throughout this course to help you prepare for the final exam which consists of test questions and one tax return to complete. You will need to pass with at least 70% to receive a certificate of completion.

We will cover topics like

• What documents should the client bring to the appointment
• How to determine the filing status
• Who qualifies as a dependent?
• How to Interview the client
• How to start a new tax return in the tax software
• How to enter the income, deductions, credits, and taxes
• Affordable Care Act Insurance Plans
• Preparer’s due diligence
• How to review the return for accuracy
• How to review tax return with the client, collect signatures,
• Using banking products.

As you can see we will cover a lot of information. If you have prepared your own returns or returns for family and friends some of this may be familiar while some of this will be completely new to you. I am here to teach you how to not only use the tax software but also understand the information you are entering and what the output means to the taxpayer.