Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Tax Staff Training – Individual (TSTI)

(Updated for the Tax Cuts and Jobs Act) 16-Hour Program

WHY ATTEND THIS COURSE?

The new accountant with little or no tax experience will gain real-world, practical training from this course. It bridges the gap between school and practice. This is not a theory course. It is the foundation for understanding the federal income tax code and its application to all kinds of taxpayers. New staff accountants will return from this program ready to make a profitable contribution to the firm’s tax practice. Emphasis is on individual tax returns and tax issues commonly encountered by individuals.

DESIGNED FOR...

Accountants and paraprofessionals who want a thorough introduction to, or comprehensive review of, tax compliance fundamentals. May also be suitable for public practice.

OBJECTIVE

Participants will be able to:

  • Deal correctly with tax-related matters usually encountered by first year staff
  • Prepare Forms 1040, 4562, 4797, 6251, and many others, efficiently (with or without a computer)
  • Be a productive member of the tax-team

MAJOR SUBJECTS

  • Identifying, summarizing and classifying income and deductible expenses
  • Depreciation, cost recovery, and recapture
  • Passive losses
  • Interest tracing
  • Trade or business expenses
  • Compute qualified business income deduction
  • Capital gains and losses
  • Alternative minimum taxation
  • Procedures to minimize errors and simplify review
  • Finding answers to tax questions quickly and correctly

COURSE ACRONYM: TSTI

PRESENTATION METHOD: Group-live

LEVEL OF KNOWLEDGE: Basic

PREREQUISITES:

  • None

ADVANCE PREPARATION: None

FIELD OF STUDY: Taxes

RECOMMENDED CPE CREDIT: 16 hours


CPE Sponsor icon

SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.