The EA Exam consists of 3 parts. 2021 Class dates are:
- Orientation: May 1
- Part 1 May 4 - June 12
- Part 2 May 27 - August 7
- Part 3 August 21 - October 2
Live Online Course Schedule:
(Click here for Master Class Calendar)
All classes meet at 4 - 6 pm on Tues/Thurs and 8 am - noon Saturdays - Pacific Time
Part 1 Course Dates
- Orientation is on Saturday May 1st 2021 at 8:00 am to 10:00 am (PACIFIC)
- Part 1 Classes start Tuesday May 9th and run through June 13th
Dates are subject to change
If dates are not compatible with your schedule, check out TaxMama’s® Self Study Course – it contains all the notes and audio recordings of the live classes but allows you to learn in your own time
What You Will Learn
The course will include TaxMama’s® special twists, teaching you more than tax law – you’ll learn:
- how to draw clients out and get information from them
- how to protect your practice from client conflicts and lawsuits
- how to maintain an ethical practice, in the face of client ‘persuasion’ to assist them in little falsehoods
- how to find loopholes to help cut taxes legally
- how to find the information you need to address a client’s issues
- how to prepare an individual tax return – from inception to filing
- Personal attention from TaxMama® to guide you
- Study Buddies to work with
Materials
- Lambers Test Prep Software
- Fast Forward Academy EA Exam testing software (only with all three parts)
- Access to study buddies and study buddy teams
- Access to free conference systems to study with buddies
- The Tax Book WebLibrary (included in Live class only, with all three parts ordered)
- TaxMama’s® book Small Business Taxes Made Easy (for Part 2)
- Special tools and cheat sheets available nowhere else
Course Outline
Orientation – Familiarity with Materials Homework assignments and Study Buddy arrangements
- Lecture 1 – Overview of Form 1040
- Lecture 2 – Dependents & Filing Requirements
- Lecture 3 – Income
- Lecture 4 – Itemized Deductions – Note: This is 2.5 hour class
- Lecture 5 – Adjustments to Income – Note: This is a 2.5 hour class
- Lecture 6 – Credits and Other Taxes – Note: This is a 3 hour class
- Lecture 7 (a) – Tax Sample 1 – Nelson Puzzle
- Lecture 7 (b) – Tax Sample 2 – Prize-Pulitzer
- Lecture 7 (c) – Tax Sample 3 – Schwab
- Lecture 8 – Estate and Gift
- Lecture 9 – Basis
- Lecture 10 – Depreciation
- Lecture 11 – Capital Gains and Losses
- Lecture 12 – Sales and Exchanges – Note: This is a 2.5 hour class
- Bonus – International Taxation – Note: This is a 2.5 hour class
You will get data from sample clients to input into your free software – or your own software. You will get profiles of three different clients, with different levels of complexity. All of them will address the Making the Work Pay issue.
- Simple – senior with dividends, interest , pension and Social Security
- Involved – Couple with children, 1 job and 1 student, owning a home, with child care, green issues
- Complex – Similar couple, with stock sales, employee business expenses and more
Note: We will not be covering clients with businesses or rentals.