Be an Educated Preparer on Education Credits

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Target Audience:  CPAs, EAs, RTRPs 

Field of Study: Taxation (NASBA); Federal Tax (IRS)

Seminar Level: Beginner

 


 

IMPORTANT INFORMATION REGARDING CPE CREDIT: THE IRS RETURN PREPARER OFFICE ACCEPTS THIS SEMINAR FOR ONE (1) CONTINUING PROFESSIONAL EDUCATION (CPE) CREDIT FOR ENROLLED AGENTS (EA). IF YOU ARE NOT AN ENROLLED AGENT, PLEASE CONSULT WITH YOUR RESPECTIVE STATE LICENSING AGENCY REGARDING ACCEPTABILITY OF THIS CREDIT. 

IRS COMMUNICATIONS AND LIAISON IS 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.LEARNINGMARKET.ORG.

DISCLAIMER: THIS SEMINAR WAS FILMED IN Atlanta, georgia, ON JULY 11, 2012, AND THE INFORMATION WAS CORRECT AT THE TIME OF RECORDING.

The Wage and Investment operating division delivered this seminar at the IRS Nationwide Tax Forum in July 2012.

Higher education credits can be confusing. Educate yourself and your clients on the ins and outs of the American Opportunity Tax Credit and the Lifetime Learning Credit. Learn the eligibility requirements, how to claim the credits and what documentation is needed, including Form
1098-T.

By the end of this presentation you will:

  • Learn about the different types of education tax benefits available, how to calculate these benefits, and what is new for the 2012 filing season
  • Understand who does and does not qualify for the education credits
  • Know the basic qualifying education expense requirements and learn which expenses do not qualify
  • Test your knowledge of the American Opportunity Tax Credit and the Lifetime Learning Credit by playing “Are You Smarter Than a College Freshman?”

No prerequisites or advanced preparation are required for this seminar.

Price: $49.00