Advanced Individual Tax - Schedule C

$49.00

After completing this course, the learner should be able to:

Identify the tax implications of sections 1231, 1245, and 1250 business assets to the sole proprietor
Apply MACRS, Section 179, and bonus depreciation rules
Recognize how payroll taxes and the self-employment tax are calculated
Identify the basics of self-employed retirement plans and health insurance

Credit(s):

NASBA: 2.5

Course ID:

NASBA: 15637/17594

Course Format:

On Demand

Knowledge Level:

Intermediate

Publication Date:

12/15/2020

Planned Expiration:

12/31/2021

Learning objectives

After completing this course, the learner should be able to: Recognize the overall Schedule C reporting environment Recognize the distinction between an independent contractor and an employee Recognize methods to use in determining between a hobby and a for-profit business venture Name the business expenses deductible on Schedule C

A Becker Professional Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823

Advanced Individual Tax - Schedule C

Now Leaving Becker.com