Don’t have time to attend live tax classes? Want to study at your own pace and on your own schedule? Our tax self-study courses fit the bill perfectly. Below is a comprehensive list of online course offerings. Click on any of the links to visit the webpage for that offering.
= U of I Tax School-authored course.
In this course, you will analyze whether it makes sense for your business clients to maintain their C corporation or to convert to a pass-through entity. Does it make sense for a new business to form as a C corporation? Should an S corporation revoke its election and convert to a C corporation? What are the consequences of the complete liquidation of a C corporation? How about for an S corporation?
This self-study course covers various taxation issues encountered by practitioners with ministers and other clergy members as clients.
This course is for anyone new or looking for a refresher in preparing farm tax returns. It focuses in the what constitutes a farm, where to report different types of income, and determining an accounting method. It’s the first in a three-part series on the Farmer’s Tax Guide.
This self-study course walks you through the various types of expenses a farmer may have and explains where to report these expenses. It also discusses various depreciation methods and explains how and when to use them.
There are many common and not-so-common tax effects of divorce. Prepare yourself to help clients who are divorced or who are getting ready to divorce, and encourage them to work with their attorney to consider tax consequences when structuring the divorce.
This course provides information on determining whether an activity qualifies as a trade or business rather than a hobby.
This Circular 230-focused self-study course includes a discussion of various client situations and proposes ways for tax practitioners to navigate ethical challenges presented by clients.
This self-study course covers various retirement plans available to small business owners that go beyond the traditional SEP and SIMPLE IRA.
This self-study course focuses on various considerations involved in selling a business, specifically service-related businesses such as a tax practice. You’ll learn what to consider in the years leading up to a sale, how to think about the value of a service business, what you need to know about the terms of a sale, and more.
This self‐study course covers the various types of rental real estate income, as well as tax implications for items such as personal‐use days, limitations on business interest, basis for depreciation, and the qualified business income deduction.
This course provides the trust tax basics you need to assist your clients. This includes a crash course on trust terminology, as well as definitions, filing procedures, and tax implications of grantor (revocable) and nongrantor (irrevocable) trusts, as well as simple and complex trusts.