Tax School Overview
Nothing is as certain as an ever-changing and confusing income tax code. Liberty Tax Service ® offers help. Liberty Tax Service’s Basic Income Tax courses educate the public about the latest tax changes, and every facet of individual income tax preparation. No prior tax experience is necessary to enroll and take the course. Enroll and you'll be on the way to freedom from the complexity of income tax regulations and the pursuit of a new career!
The curriculum is designed to cover the fundamentals of basic income tax preparation. With Liberty’s Basic Income Tax Course, instructors cover all schedules, credits and forms that can be filed with an individual tax return. Students apply their tax knowledge to prepare taxes both on paper and using the computer. The only cost may be a minimal charge for books.
The Basic Income Tax Course will cover the fundamentals of tax preparation and such topics as:
Filing information and status
Exemptions and dependents, and wages, salaries and tips, etc.
Interest, dividends and other income, standard deduction and itemized deductions
Child Tax Credit, Earned Income Credit, Child and Dependent Care Expenses
Basis of property and capital gains
Depreciation, profit or loss from a business and Schedule E’s
IRA deduction, student loan interest deduction, moving expenses and all other adjustments
Liberty Tax Service has been approved by the California Tax Education Council to offer Liberty Tax School (CTEC Course #2097-QE-0001), which fulfills the 60-hour "qualifying education" requirement imposed by the State of California to become a tax preparer. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA 95812-2890, toll-free by phone at (877) 850-2883, or on the Internet at www.ctec.org
Liberty does not make any promise, warrant or covenant as to the transferability of any credits earned at Liberty Tax Service. Credits earned at Liberty Tax Service, may not transfer to another educational institution. Credits earned at another educational institution may not be accepted by Liberty Tax Service. You should obtain confirmation that Liberty Tax Service will accept any credits you have earned at another educational institution before you execute an enrollment contract or agreement. You should also contact any educational institutions that you may want to transfer credits earned at Liberty Tax Service, to determine if such institutions will accept credits earned at Liberty Tax Service prior to executing an enrollment contract or agreement. The ability to transfer credits from Liberty Tax Service to another educational institution may be very limited. Your credits may not transfer, and you may have to repeat courses previously taken at Liberty Tax Service if you enroll in another educational institution. You should never assume that credits will transfer to or from any educational institution. It is highly recommended and you are advised to make certain that you know the transfer of credit policy of Liberty Tax Service, and of any other educational institutions you may in the future want to transfer the credits earned at Liberty Tax Service, before you execute an enrollment contract or agreement.