Staff Training Part 1: Individuals

Author: Greg White

CPE Credit:  5 hours for CPAs
5 hours Federal Tax Related for EAs and OTRPs
5 hours Federal Tax Law for CTEC

Tax practice is a complicated field. We’ll break it down into understandable concepts, including filing status, tax brackets, and tax dependents. We’ll also cover important tax credits, including the child tax credit.

Publication Date: June 2021

Designed For
Designed for tax professionals involved in federal tax planning or tax return preparation.

Topics Covered

  • Why Is Tax Practice a Great Undertaking?
  • Tax Practice
  • Helping Others
  • Preparing for College and Retirement
  • Preparing for Your Own Life
  • Relearning
  • Tax Law: Structure of Tax Law
  • Form 1040
  • Standard Deductions
  • Tax Brackets
  • Who Must File
  • Forms
  • Interconnected Topics
  • Filing Status Options
  • Determining Filing Status: Overview
  • Inevitable Mistakes
  • Dependents
  • Key to Unlocking Benefits
  • Qualifying Child
  • Tiebreakers
  • Qualifying Relative
  • Credits: Dollar for Dollar Benefit
  • Income and Interconnected Benefits
  • Child Tax Credit and Other Dependents Tax Credits

Learning Objectives

  • Recognize how to choose the best filing status for your client
  • Identify the tax consequences of getting married
  • Identify individuals who are eligible to be claimed as dependents
  • Recognize how to compute the child tax credit
  • Identify an example of an above the line deduction
  • Identify examples of itemized deductions
  • Identify 2019 standard deductions for various types of filers
  • Recognize which IRS Forms apply to various taxpayers
  • Identify the estimate of total federal tax collected per year
  • Recognize which specific tax-advantaged plan helps parents save money for college for their children
  • Identify the 2020 standard deduction for a single filer under the age of 65
  • Identify the lowest percentage tax bracket for head of household filers
  • Describe which 1040 tax form should be used by nonresident aliens
  • Identify the trickiest requirement as it relates to the head of household filing status
  • Describe which filing statuses generally has the worst tax rates
  • Identify a way that joint and several liability for married filing separate taxpayers can be waived
  • Identify the current child tax credit amount
  • Identify the first tiebreaker rule with respect to which person can claim a dependent
  • Differentiate the qualifying relative four tests


Instructional Method

NASBA Field of Study
Taxes (5 hours)

Program Prerequisites

Advance Preparation

Registration Options
Regular Fee $95.00

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