cpa what is azure's taxable income course hero

How is the Income Tax Course structured?

The Income Tax Course (ITC) starts with a foundation of tax theory where concepts build upon each other. Students are encouraged to actively participate in classroom discussions to understand concepts and ideas as early as possible. Issues with foundational topics should be addressed before moving on to other topics.

What are the benefits of taking a tax course?

Self-paced classes run from August through December. Our leaders handpick the best Block tax pros to teach the course. Our tax course could lead to ... A flexible schedule. Extra income. A meaningful career. After successfully completing all hours of instruction, you’ll be ready to professionally prepare tax returns. Already have tax experience?

Can I take a tax course from home?

Take online courses from home. (In-person locations available.) Self-paced classes run from August through December. Our leaders handpick the best Block tax pros to teach the course. Our tax course could lead to ... A flexible schedule. Extra income. A meaningful career.

Is it safe to take a tax preparation course?

H&R Block virtual tax classes are a safe and convenient way to learn everything you ever wanted to know about taxes from, well anywhere. And with work from home on the rise, our virtual income tax preparation course can help accelerate your career and could even lead to a potential job. 160

What is taxable income?

Taxable income is a tax calculation that adds up a taxpayer’s total income except items of income that are specifically excluded from tax by the tax code and then subtracts from this amount certain adjustments and deductions allowed by the tax code.

How Is Taxable Income Used?

Once a taxpayer’s taxable income is calculated, their regular income tax amount is calculated based on their taxable income.

Is a $3,000 municipal bond interest income taxable?

The $3,000 in municipal bond interest income and $200,000 gain from selling their primary residence is not included in taxable income because the tax code excludes these kinds of income from federal income taxation.

Is adjusted gross income taxable?

Adjusted gross income is a component of taxable income, but the terms are not synonymous.

OUR VISION

Our mission is to make tax and accounting understandable through CLEAR and concise communication.

OUR TEAM

Joanne is a native Oregonian, coming to Bend from Southern Oregon and the Rogue Valley. Skiing, hiking, camping, and horseback riding drew Joanne to Central Oregon in 1984.

How many hours is a tax course?

The course consists of 71-73 hours* of instruction which includes instructor-led sessions, online training, and practice sessions. Additional time commitments outside of class homework will vary by student. Some examples of additional time spent outside the classroom may include: tutoring to understand more complex tax concepts, participating in study groups, and completing generally assigned homework.

What to expect after completing the tax preparation course?

After completion of the course, you'll be able to understand federal and state tax laws, conduct a thorough taxpayer interview, offer tax advice, and comply with ethical and due diligence obligations for paid tax preparers.

What is an ITC?

The Income Tax Course (ITC) starts with a foundation of tax theory where concepts build upon each other. Students are encouraged to actively participate in classroom discussions to understand concepts and ideas as early as possible. Issues with foundational topics should be addressed before moving on to other topics.