Annual Tax Season Update




Important Note: This course provides 8-Hrs of continuing education credits in the IRS Federal Tax Law category. If you wish to obtain the Annual Filing Season Program Record of Completion, do not take this course. The name of this course can be easily mixed up with another course offered on this website, please notice the differences in the names to be sure you are enrolling in the correct course:


Course Description

Each year, income tax return preparation must take into account inflation-related changes to various limits and new tax laws. This course will look at those changes and new laws to provide valuable information to persons preparing individual 1040 income tax returns. The Annual Tax Filing Season Update course discusses new tax law and recent updates for the tax filing season, provides a general tax review, and examines important rules governing tax return preparer ethics, practices and procedures. This is a basic tax course with no prerequisites, and qualifies for 8 CE credits in the IRS Federal Tax Law category.

Learning Objectives

  • Identify the principal individual income tax changes brought about by recent tax legislation;
  • Apply the inflation-adjusted and other limits to the proper preparation of taxpayers’ income tax returns;
  • Recognize the federal income tax filing statuses and the criteria for their use;
  • Identify the types of income that must be recognized;
  • Apply the tax rules to the various credits and adjustments to income that are available to taxpayers;
  • Recognize the penalties that may be imposed on a preparer for failing to meet ethical and practice standards in preparing tax returns; and
  • Identify the duties and restrictions imposed on tax preparers under Circular 230
IRS Program Number: YH9W1-T-00136-23-S
CTEC Program Number: 6243-CE-0039
CE Credits: 8 hour
Category: Federal Tax Law
Delivery Type: Online Self-Study
Exam Questions: 40

To stay current with the IRS Tax Laws, exam access will expire after 1 year from the course purchase date. Your account will remain active which allows you to retrieve your Order history and Course Certificate.