Small Business II

Details

Extensive prior tax preparation experience/knowledge is required. This course will give you the confidence to take on more complex and specialized small business tax situations. Students normally enroll in this course after completing the 60-hour Comprehensive Income Tax Course (Basic and Intermediate Course), the Advanced Level I & II Individual Income Tax Course, the Introduction to Small Business Income Tax Course and working at least three seasons as a tax preparer.

This course is also suitable for a veteran small business tax preparer who needs to refresh his/her skills. If you are an enrolled agent, accountant, lawyer, financial planner, business owner, experienced tax preparer, or just interested in increasing your tax knowledge, the Small Business Level II Income Tax Course will enable you to become a specialist in helping small business taxpayers with more complex tax situations. This course provides the critical education and knowledge which make the graduates more competent and successful than their competitors. This course is designed to enhance the knowledge and experience of tax practitioners. Interactive self study classes are eligible for 30 hours of CPE.

Enrollment Options:

Instructor-Led
6 Weeks Access Course Code: T3330
Start Dates* Dec 18 | Jan 10 | Feb 07 | Mar 06
*Choose start date in cart

$NA

USD

Enroll before 31th May and get high quality lamination on your hardcopy certificate absolutely free! Use your certificate to your advantage by showing your certified credentials to prospective employers and recruiters.

Syllabus

  1. Understanding the Balance Sheet
  2. Partnership Issues
  3. Corporation Issues
  4. General Business Credits
  5. Tax Issues Related to Buying a Business
  6. Sale or Liquidation of Business
  7. Profit or Loss From Farming - Schedule F
  8. Amended or Corrected Business Returns
  9. What to Do When You Owe the IRS?
  10. Tax Preparation for Non-profits: 501(c)(3), 501(c)(4), 501(c)(6), etc.

Requirements

Hardware Requirements:

  • This course can be taken on either a PC or Mac.

Software Requirements:

  • PC: Windows 8 or newer.
  • Mac: OS X Snow Leopard 10.6 or later.
  • Browser: The latest version of Google Chrome or Mozilla Firefox are preferred. Microsoft Edge and Safari are also compatible.

Other:

  • Email capabilities and access to a personal email account.

Prerequisites

There are no prerequisites to take this course.

Instructor

Self Study with support

Reviews

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ExpertRating is an ISO 9001:2015 certified company offering online certification and training services to individuals and companies globally. Over 25 million people have benefited from ExpertRating Online Certifications and assessments. ExpertRating is the winner of the Google SME Hero's award for showing outstanding use of technology in delivering trusted services to thousands of people on a daily basis. Our affordable certifications are an excellent way of demonstrating your knowledge and skills to prospective employers as well as vastly boosting your chances of moving ahead in your business or career.

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ExpertRating is an ISO 9001:2015 certified company, which reflects that our courses and tests conform to the highest international quality standards. Our training material is prepared by thorough professionals with years of experience, and goes through several rounds of analysis by expert teams to help develop well-balanced, comprehensive and meaningful content.