MenuClose
 Log Out
Cart 0 items
Site Search
Course Search

Fundamentals of the 1040 for Junior Staff

 Various
 
8.0
Registration is Open
Member Price
$245.00 Regular Registration
Your Price
$295.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Wed, 10/15/2025 from 11:00 am to 7:00 pm
 Thu, 10/30/2025 from 3:00 pm to 11:00 pm
 Wed, 11/05/2025 from 9:30 am to 5:30 pm
 Sat, 11/15/2025 from 11:00 am to 7:00 pm
 Mon, 12/15/2025 from 11:00 am to 7:00 pm
Designed For:

Jr staff, entry-level tax preparers, and early-career tax professionals working on individual tax returns

Prerequisite:

Basic knowledge of tax preparation concepts

This course provides junior tax professionals with a strong foundation in individual tax preparation for the 2025 tax year, focusing on Form 1040 and key schedules. Participants will gain step-by-step guidance on filing requirements, income reporting, deductions, tax credits, and compliance standards under Circular 230.

Emphasizing preparer due diligence and ethical responsibilities, the course also covers recent tax law updates, including potential changes from the expiration of TCJA provisions. It introduces essential forms such as Schedule C, Schedule E, Form 7203, and Form 7217 to ensure participants understand business income, rental income, and shareholder reporting. By the end, junior staff will be equipped to prepare individual tax returns accurately and maintain IRS compliance.

*Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to [email protected]

Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Basic

Sponsors

For Technical Support: 
Please contact the ACPEN Help Desk at (877) 602-9877, [email protected]   or visit https://vscpa.acpen.com/Support/. The Help Desk is available by phone 24/7, 365 days a year. Allow 1 business day for email

Objectives

  • Identify preparer responsibilities, including due diligence and ethical obligations
  • Determine the correct filing status and eligibility of dependents based on tax law
  • Recognize and classify taxable income sources, including wages, self-employment, rental income, and investment income
  • Differentiate between standard and itemized deductions and apply the correct deduction to a taxpayer’s return
  • Calculate refundable and nonrefundable tax credits, including the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC)
  • Analyze Schedule C to determine business income, deductions, and self-employment tax implications
  • Evaluate rental income and pass-through entity reporting on Schedule E and Schedule K-1
  • Interpret Form 7203 to determine shareholder stock and debt basis for S corporations
  • Apply Form 7217 for capital construction funds and deferred tax liability reporting
  • Implement best practices for taxpayer data security and confidentiality

 

Speakers

Advanced Preparation

None

Vendor

The Virginia Society of CPAs (VSCPA) 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: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.