This course will cover tax preparer Ethics and preparer penalties. When the taxpayer files a return with refundable credits, the tax preparer needs to complete an accurate tax return and Form 8867, which is attached to the taxpayer’s return. The following refundable credits will be discussed in this course:
- Earned Income Credit (EIC).
- Child Tax Credit (CTC).
- Additional Child Tax Credit (ACTC).
- Other Dependent Credit (ODC).
- American Opportunity Tax Credit (AOTC).
Objectives
At the end of this lesson, the student will:
Identify the due diligence requirements of the tax preparer when completing a tax return with refundable credits.
Explain what documentation must be maintained by the IRS when preparing refundable credit tax returns.
Understand what documents the tax preparer should maintain for their records.
Field of Study: Behavioral Ethics 2 Hours
Course Level: Basic to Intermediate
Prerequisite: General tax preparation knowledge is not required.
Delivery Method: Self-Study
Self Study
Learn at your own pace, read or watch the lessons, pass the exams.
Mobile Friendly
Learn on your phone, tablet, or computer.
Bilingual
All our courses are available in English y español.
Career Paths
No matter where you’re at in your career, we have courses for you.
Simple Learner Experiences
Prendo365 gives you access to your course anytime, anywhere, on desktop, tablet, or mobile device. You're able to easily navigate through your course and receive your certificate of completion.
Why choose us
Over 35+ years tax preparation experience
We know what tax preparers need to succeed in their office
7+ EA’s and tax preparers on staff
Our team does extensive research to ensure you receive the best education
Bilingual live support
Having technical issues? We're ready to help you get started and complete your course.