Individual Income Tax with 2022 US Master Tax Guide covers the preparation of 2021 tax returns! This course provides a general overview of federal income tax laws for individuals. It explains who must file, which tax forms to use, when the return is due, and other general information. It will provide guidance on which filing status can be used and whether the income received is taxable. The course also explains the standard deduction, the kinds of expenses that can be deducted, and the various credits that are available to reduce the total tax due. However, in addition to the 5300 course material, you'll receive a copy of the 2022 US Master Tax Guide as an additional companion reference guide, allowing you to further research tax issues affecting your clients. PLEASE NOTE: The name / version of the course and exam that you will submit for CPE credit will be 5300Z: Individual Income Tax (for 2021 Returns). All course material provided. No prerequisites. Course level: Basic/Update.
EA Program Approval Number: ZX34G-T-00443-21-S
CFP Program Approval Number: PENDING
PLEASE NOTE: CPE credit measurement is based on NASBA Registry and QAS guidelines of one credit for every 50 minutes. Credit calculation may vary in different states — check with your State Board of Accountancy. Unless otherwise noted in the specific course description, no advanced preparation is required in order to register or complete any PES CPE course. Use of materials or services provided by Professional Education Services, LP ("PES") are governed by the Terms and Conditions stated on PES' website www.mypescpe.com. PES provides these courses with the understanding that it is not providing any accounting, legal, or other professional advice and assumes no liability whatsoever in connection with its use. PES has used diligent efforts to provide quality information and material to its customers, but does not warrant or guarantee the accuracy, timeliness, completeness, or currency of the information contained herein. Ultimately, the responsibility to comply with applicable legal requirements falls solely upon the individual licensee, not PES. PES encourages you to contact your state Board for the latest information and to confirm or clarify any questions or concerns you have regarding your duties or obligations as a licensed professional.