2027 Annual Tax Season Update

Description

EAs and Other Tax Preparers, after passing the exam you MUST click on the link “GET YOUR CERTIFICATE” to have your hours reported to the IRS. 

Each year, income tax return preparation is affected by inflation-related changes to various limits and new tax laws. This course will look at those changes and new laws.
The 2027 Annual Tax Season Update course is based on the Annual Federal Tax Refresher course and is designed to provide valuable information to persons preparing individual 1040 income tax returns reflecting clients’ 2026 income. It does not, however, satisfy the Internal Revenue Service’s voluntary annual filing season program.
The course a) examines new tax law and changes in various limits that reflect inflation, b) provides a general tax review, and c) discusses important rules governing tax return preparer ethics, practices and procedures.

Learning Objectives
Upon completion of this course, you should be able to:
•    Identify the principal individual income tax changes brought about by recent legislation;
•    Apply the inflation-adjusted and other limits to the proper preparation of taxpayers’ income tax returns;
•    Recognize the federal income tax filing statuses and the criteria for their use;
•    Identify the types of income that must be recognized;
•    Apply the tax rules to the various credits and adjustments to income that are available to taxpayers;
•    Recognize the penalties that may be imposed on a preparer for failing to meet ethical and practice standards in preparing tax returns; and
•    Identify the duties and restrictions imposed on tax preparers under Circular 230.

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate. Clicking on the Certificate link will show the course as 100% Complete

A course evaluation form is provided for your feedback and participants have 1 year from the date of purchase/enrollment to complete this course. .

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/