Income Taxes: Navigating & Optimizing Tax Liability (Beta Group)

In this in-depth course, we’ll gain an understanding of how U.S. income taxes are calculated by following a basic tax formula.

• Federal Taxes – understand the components of income tax calculation: income, deductions, progressive tax rates, additional taxes and credits
• State Taxes – learn the framework for understanding how your state taxes relate to the federal tax formula and the state adjustments to calculate your state tax liability
• Tax Compliance – efficiently organize your tax information, prepare and review your tax returns
• Tax Planning – discover ways to lower our tax liability, both in the current and future tax year