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Self-Study & Training

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.

C Corporations ›

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?

Clergy ›

This self-study course covers various taxation issues encountered by practitioners with ministers and other clergy members as clients.

Divorce ›

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.

Hobby vs. Trade or Business ›

This course provides information on determining whether an activity qualifies as a trade or business rather than a hobby.

Putting Ethics Into Practice ›

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.

Retirement Plans for Small Businesses ›

This self-study course covers various retirement plans available to small business owners that go beyond the traditional SEP and SIMPLE IRA.

Schedule E Activities: What, Where, Who, and When ›

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.

Trust Tax Returns — A Primer to Get You Started ›

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.

Comprehensive Tax Preparer Training

The University of Illinois Tax School is pleased to partner with Surgent Income Tax School (ITS) to provide our customers with an online solution for comprehensive tax training.

Comprehensive Tax Course

Offers 48 CPE credits. Course total of 16 chapters (4 modules, 4 chapters per module). Upon successful completion of this course, you will be able to:

  • Prepare most individual tax returns, including Schedules C, D, and E
  • Perform a thorough interview with a taxpayer
  • Determine a taxpayer’s filing status and eligibility for exemptions
  • Accurately report income and deductions for a taxpayer
  • Determine a taxpayer’s eligibility for credits and deductions
  • Compute depreciation for assets and eligibility for Section 179
  • Accurately calculate a taxpayer’s refund or balance due
  • Advise a taxpayer in tax planning strategies

The course is newly updated in May 2021 and includes reading and reference materials, learning activities, real world examples and applications, instructor support by email, quizzes, and tests. You can view a demo of the course plus student reviews on the ITS webpage.

Chartered Tax Certificate Programs

Go beyond the Comprehensive Course to become a Chartered Tax Advisor, Consultant, or Professional, enhancing your reputation as a trusted tax professional. Includes individual and business tax returns, and requires up to 300 hours of experience along with an annual CE requirement.

Tax preparation is especially appealing to those who would enjoy helping other people by making the intimidating task of tax preparation a pleasant experience while saving their clients’ money by minimizing their tax liabilities. People who complete these programs prepare taxes for a number of reasons, including convenience, flexibility, a rewarding second career, earning extra income, or generating leads.

  • Stay-at-home parents with young children
  • Early retirees
  • College students
  • Moonlighting professionals
  • Many employed and self-employed individuals such as financial services and real-estate professionals

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Department of Agricultural and Consumer Economics

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