The Tax Pro University 7 Step Start-up Guide
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Step 1: Onboarding and Important Contacts
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Step 2: How to Set-up Tax Software
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Step 3: How to Register for EFIN (Mandatory for all EFIN Holders)
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Step 4: How to Apply for an EIN (Optional)
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Step 5: How to Apply for an LLC (Optional)
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Step 6: Apply for PTIN (Mandatory for all Partners)
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Step 7: How Register for Training for our "Live Business Mastery Training" on Zoom
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Section Summary
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Recording - Onboarding Call
Module 1: Income Goals, Important Contacts, and Suggested Fee’s
Module 2: Marketing
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Understating the different marketing seasons
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How to become a successful tax professional with making low investment
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How to Create a Target Audience
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What marketing strategies are effective
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How to market your Tax Business with Yard Sign
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How to market your Tax Business with Flyers
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How to set appointments offline with the Magnetic Business flyer script
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How to market your tax business on Social Media
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What Message do you want to Send to your Audience With Social Media Marketing
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Effective Social Media Marketing Flyers
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How to Introduce your Tax Business to Family and Friends
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How to Brand yourself on Social Media
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What do I post on Social Media
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What is an effective Social Media Posting Schedule
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What is a Effective to Introduce yourself to clients on Social Media
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What are some Social Media tools to become more Efficient
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How to Run Ads on Social Media
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How to gain clients through “Shout Out” Ads
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How to gain clients through “Tap Rooting”
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Social Media Helpful Tips
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What are the step to market your business in a Facebook group?
Module 3: How to Schedule Appointments
Module 4: Client Intake Process Tax Professionals Interview Process
Module 5: Tax Education
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Tax Education-Circular 230
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Filing Status and IRS Required Documentation
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Overview of the Tax System
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Taxpayer Information and Filing Status
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Income and Adjustments
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Standard Deduction vs. Itemized Deductions
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Tax Calculations and Forms
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Tax Software and Technology
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Ethics and Professional Standards
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Practice Scenarios and Case Studies
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Tax Deductions
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Record Keeping and How to Prepare for a IRS Audit
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IRS Required Documentation for Income, EITC, Child Tax Credit, Additional Child Tax Credit
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IRS Required Documentation When Filing 1099NEC, Self Employed, or Business Income
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How do tax payers make their quarterly tax payment?
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Earned Income Tax Credit (EITC)
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Child Tax Credit (CTC)
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Additional Child Tax Credit
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Household Employees Wages
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Payment Plan and Install Agreement
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Tax Exemptions
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Tax Deductions
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Tax Filing Deadline
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Tax Extensions
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Itemized Deductions
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Capital Gains
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Ordinary Gains
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Alternative Minimum Tax
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Deadline Filing Penalties
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FICA
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Roth IRA
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Traditional IRA
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Tax Evasion
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Tax Avoidance
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Rental Property Income
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Educators Tax Credit
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Estimate Tax Payments
Module 6: Tax Education-Understanding the Most Commonly used IRS Forms
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What are the different types of 1040 forms?
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What is a 1040X form?
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What is a W2 and W4 form?
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What is a W2-G form?
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What is a W-2PR form?
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What is a 1040-ES form?
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What is a 2441 Dependent care form?
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What is a 2106 Employee Business Expense form?
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What is Schedule A form?
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What is a Schedule B form?
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What is a Schedule C form?
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What is a Schedule D form?
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What is a Schedule E form?
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What is a Schedule F form?
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What is a Schedule H form?
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What is a Schedule K form?
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What is a 8862 form?
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What is a 8863 form?
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What is a 8812 form?
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What is a 8879 form?
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What is a 8867 form?
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What is a 8949 form?
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What is a EIC checklist IRS form?
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What is a 1095A form?
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What is a 1098E form?
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What is a 1098T form?
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What is a 1098 form?
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What is a 1099C form?
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What is a 1099-SSA form?
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What is 1099INT form?
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What is a 1099G form?
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What is a 1099NEC form?
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What is a 1099MISC form?
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What is a 1099DIV form?
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What is a 1099k form?
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What is a 4852 form?
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What is a 4868 form?
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What is a 5405 form?
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What is a 5695 form?
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What is a 9465 form?
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What is a 941 form?
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What is the difference between state income tax and federal income tax?
Module 7: Tax Education-Introduction to Self-Employment Taxation
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Introduction to Self-Employment Taxation
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Self-Employment Tax Basics
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Self-Employment Income
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Self-Employment Tax Forms and Filing Requirements
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Special Considerations for Self-Employed Individuals
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Common Self-Employment Tax Issues and Pitfalls
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Self-Employment Reconstruction of Income and Expenses
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Self-Employment Business Loss
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Self-Employment without Income and Expense documentation
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Recent Developments and Changes in Self-Employment Tax Law
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Self-Employment Required Documentation
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Self-Employment Business Mileage
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2024TaxDeductionCheatSheet
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Case Studies and Practical Examples
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Conclusion and Recap
Module 8: Tax Education-Depreciation
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Introduction to Depreciation
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Methods of Depreciation
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Depreciable Basis and Useful Life
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Depreciation Calculation
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Depreciation Recapture
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Bonus Depreciation and Section 179 Deduction
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MACRS Depreciation Tables
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Depreciation for Real Estate
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Depreciation Strategies and Planning
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Depreciation and Tax Compliance
Module 9: Customer Service, SOP, and Office Processes
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How to Create an effective Standard Operating Procedure
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How to Create effective System and Process
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How to Create an effective Professional Online Presence
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How to Create an effective process to Inform Client of Tax Preparation Fee’s
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How to Build Great Relationships with clients
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How to Create an effective Online Tax Process Check List
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How to Create an effective Online Process
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How to Create an effective Tax Preparer Process and Script
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How to collect the Required Client Data Due Diligence Forms when filing
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How to Create an effective Due Diligence process when filing for W2 clients
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How to Create an effective Due Diligence process when filing for Self-Employment clients
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How to Create an Compliance Folder for to preparer for IRS Audit
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How to Create an effective 7 Step Office Success System
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OFFICE SOP WORD DOCUMENT
Module 10: Practice Tax Returns
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Single Tax Practice Return
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Head of Household Practice Tax Return
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Married Filing Jointly Practice Tax Returns
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Married Filing Separately Tax Returns
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LIVE Training - November 5th
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LIVE Training - November 7th
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LIVE Training - November 12th
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LIVE Training - November 14th
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LIVE Training - November 19th
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LIVE Training - November 21st
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LIVE Training - November 26th
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LIVE Training - December 9th - Single Tax Returns
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LIVE Training - December 10th - HOH Returns
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LIVE Training - December 11th - Schedule C
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LIVE Training - December 12th
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LIVE Training - December 18th - Married Filing Jointly
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LIVE Training - December 19th - Schedule C
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LIVE Training - December 20th - Married Filing Separately
Module 11: How to issue a client Refund Check and Client Follow Up
Module 12: What is a WISP Plan
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Introduction to WISP Plan
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WISP Basics
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Key Components of a WISP Plan/Required Elements
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WISP Plan Required Elements
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WISP Plan Template
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Define Objectives & Scope
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Identify Qualified Person
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Assess Risk
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Inventory Hardware
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Document Safety Measures
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How should I Document Policies?
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Implement Your WISP
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Signs of a Breach? Follow your WISP
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Report a Breach – Activate the WISP!
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Report a Breach
Module 13: Software Training Videos
Module 14: LIVE Trainings - By Date
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LIVE Training - September 3rd - Social Media/Marketing
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LIVE Training - September 5th - Social Media/Marketing
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LIVE Training - September 10th - Scheduling Appointments
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LIVE Training - September 12th - Client Intake Process Tax Professionals Interview Process/ Special Guest : Hernandez, Yenny w/Latino Tax Pros
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LIVE Training - September 17th
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LIVE Training - September 19th
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LIVE Training - September 24th
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LIVE Training - September 26th
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LIVE Training - October 1st
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LIVE Training - October 3rd
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LIVE Training - October 8th
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LIVE Training - October 10th
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LIVE Training - October 15th
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LIVE Training - October 17th
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LIVE Training - October 22nd
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LIVE Training - October 24th
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LIVE Training - December 2nd
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LIVE Training - December 3rd
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LIVE Training - December 4th
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LIVE Training - December 5th
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LIVE Training - December 29th
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LIVE Training - December 30th
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LIVE Training - December 31st
Module 15: Pop-Up Trainings
Module 16: Lead Pro Giants CRM
Module 17: Motivation Talks
