Nobody wants to pay more tax than they have to. If possible, we want to be able to help people lower their income in order to pay the minimum tax possible. Adjusting someones income is a great way to help lower their income.
This lesson is designed to teach the different types of adjustments to income that are available. It will also assist in providing helpful information as to when these adjustments would apply and the qualifications for each adjustment.
This is a tax law fundamental course that all tax preparers should know extensively. Whether you are a first time tax preparer that needs to know the basic rules or a seasoned tax professional that needs a refresher, this course is for you.
IRS CE credit of 3 hours is provided with this course.