With this innovative online course, you can become qualified as a California Tax Preparer through the California Tax Education Council (CTEC) and start working and earning money while completing your course.
Requirements:
Hardware Requirements:
- This course can be taken on either a PC or Mac.
Software Requirements:
- PC: Windows 8 or later.
- Mac: macOS 10.6 or later.
- Browser: The latest version of Google Chrome or Mozilla Firefox are preferred. Microsoft Edge and Safari are also compatible.
- Adobe Acrobat Reader.
- Software must be installed and fully operational before the course begins.
Other:
- Email capabilities and access to a personal email account.
Instructional Material Requirements:
The instructional materials required for this course are included in enrollment. The following materials will be shipped to you approximately 7-10 business days after enrollment:
- Federal Forms
- Federal Worksheets
- Instructions
- Publication
- Tax Preparer Resources
The Chartered Tax Professional for California Residents course will help you become qualified as a California Tax Preparer through the California Tax Education Council (CTEC). The course is composed of six modules in Federal income tax preparation that will prepare you for the Special Enrollment Examination (SEE), plus a California supplement. The Special Enrollment Examination (SEE) is a test that individuals can take to become an Enrolled Agent in the United States. The Enrolled Agent credential is issued and regulated by the Internal Revenue Service (IRS).
After successfully completing the Federal and California lessons, you'll be qualified to prepare individual tax returns for almost all U.S. and California taxpayers.
Note: If you do NOT live in California, you aren't required to take this California version of the course. If you don't need to or don't wish to learn California tax preparation, you should take the regular Chartered Tax Professional course instead of the California version.
- California Income Tax Preparation
- California CTEC Income Tax Supplement
- Electronic Filing
- W-2 and 1099 Forms
- Form 540 and 540A
- Filing Requirements
- Filing Status
- Exemptions and Dependents
- Dependent Care and Tax Credits
- Various Sources of Income
- Additions and Subtractions from Income
- Itemized Deductions
- Resident and Nonresident Returns
- Employee Business Expenses
- Sale of Real Estate
- Depreciation: MACRS and ACRS
- Community Property Rules
- Self-Employment
- Rental Property
- Capital Gains and Losses
- Ethics
- Penalties
- Extensions
- Amended Returns
- Political Activity Expenses
- Withholding on Nonresident Sales of Real Property
- Common Law Test for Employment
- Statutory Employees
- Independent Contractor Reporting Requirements
- Credit for Taxes Paid to Other States
- California Business and Professional Code
- Individual Income Tax Preparation
- Basic Income Tax Module
- Electronic Filing
- W-2 and 1099 Forms
- Form 1040 (1040 EZ/A)
- Interview Techniques
- Filing Requirements
- Filing Status
- Exemptions and Dependents
- Earned Income Tax Credit
- Due Diligence
- Child Care and Tax Credit
- Interest and Dividends
- Other Income
- Adjustments to Income
- Moving Expenses
- Itemized Deductions
- IRAs and Retirement Plans
- Intermediate Income Tax Module
- Employee Business Expenses
- Sale of Real Estate
- Depreciation: MACRS and ACRS
- Self-employment
- Rental Property
- Capital Gains and Losses
- Education Expenses and Plans
- Education Tax Benefits
- Ethics
- Kiddie Tax
- Taxpayer Relief Act of 1977
- Tax Saving Ideas
- Alternative Minimum Tax
- Office-in-Home
- Injured and Innocent Spouse
- Penalties
- Extensions
- Amended Returns
- Advanced Income Tax Module: Level I
- Earned Income Credit
- Clergy
- Investments
- At-risk Rules
- Passive Activities
- Injured and Innocent Spouse
- Tax Credits, Special Credits
- COGS, Business Start-up
- Depreciation, Amortization, and Section 179
- Employee Business Expense
- Office in Home
- Auto Expenses
- Self-employment Tax
- Statutory Employees
- Capital Gains and Losses
- Basis of Property
- Sale of Stock
- Installment Sales
- Rental Properties
- K-1s and 1099s
- Sale of Business Property
- Estimated Taxes
- Extensions
- Advanced Income Tax Module: Level II
- Amended Tax Returns for Individuals
- Special Needs and Concerns of Seniors
- Tax Issues for High-income Taxpayers
- Net Operating Losses
- Schedule D: Special Issues
- Tax Issues for Divorced Taxpayers
- Tax Planning Tips and Strategies
- Responding to the IRS
- Part-year Resident State Tax Preparation Principles
- Nonresident Alien Returns: Form 1040NR
- Small Business Income Tax Preparation
- Introduction to Small Business Tax Preparation
- Business Types
- Accounting Methods
- Financial Statements
- Business Income
- Schedule C
- COGS and Inventory
- Depreciation
- Section 179 Deduction
- Contractor vs. Employee
- Sale of Business Property
- Partnerships
- Corporations: C, S, LLC
- Employee Taxes
- Excise Taxes
- Estate Taxes
- Extensions
- Estimates
- Employee Benefits
- Retirement Plans
- Small Business Income Tax Course: Level II
- Understanding the Balance Sheet
- Partnership Issues
- Corporation Issues
- General Business Credits
- Tax Issues Related to Buying a Business
- Sale or Liquidation of Business
- Profit or Loss From Farming: Schedule F
- Amended or Corrected Business Returns
- What to Do When You Owe the IRS?
- Tax Preparation for Non-profits: 501(c)(3), 501(c)(4), 501(c)(6), etc.
What you will learn
- Practice as a qualified tax professional
- Prepare tax returns for individuals, small businesses, corporations, partnerships, and sole proprietors
- Conduct a professional tax preparation client interview
- Provide tax planning for individuals and small business owners
- Meet the IRS e-File and due diligence requirements for tax practitioners
- Understand the ethical responsibilities of tax professionals
- Prepare for the Special Enrollment Examination (SEE) exam
How you will benefit
- Complete the modules of the CTP course and accumulate the required 500 hours of experience as a tax professional to qualify for the prestigious Chartered Tax Professional designation
- Earn your CTP certificate
- Gain the tax knowledge and experience to prepare for the IRS Enrolled Agent (EA) exam
- Become qualified to prepare individual tax returns for almost all U.S. and California taxpayers
Instructor support is provided through email by experienced practicing tax professionals employed by Peoples Income Tax, Inc., a sister company of The Income Tax School.