ACCTG 256 - Taxation & IRS Certification VITA Credit Hours: 3 Billable Contact Hours: 4 Prerequisites: ENGL 090 and RDG 090 or qualifying score on accepted placement tests Session Cycle: WI
This course provides a comprehensive understanding of the US tax code as it relates to individuals and prepares students for the IRS Tax Preparation Exam and Certification. Upon successful completion of IRS certification, students will participate in the Volunteer Income Tax Assistance Program (VITA) providing free income tax preparation services for qualified individuals in Monroe County, Michigan.
Notes:
Business Division
Theory Hours: 30
Lab Hours: 30
Learning Outcomes:
1. Complete IRS Income Tax Return Certification Training.
Applies to Accounting, A.A.S. Outcomes D and E.
2. Analyze individual tax situations to determine filing requirement, filing status and exemptions.
Applies to Accounting, A.A.S. Outcomes C, D, and E.
3. Interview and discuss various aspects of taxpayer’s tax situation.
Applies to Accounting, A.A.S. Outcomes C, D, and E.
4. Prepare and finalize Tax Return and Review with Taxpayer.
Applies to Accounting, A.A.S. Outcomes C, D, and E.
5. Quality Review Tax Returns.
Applies to Accounting, A.A.S. Outcomes C, D, and E.
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