Tax Preparation Course Introduction

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Transcript Tax Preparation Course Introduction

Tax Preparation Course Introduction

TAX-AIDE

Returning Volunteer Welcome to Tax Aide

TAX-AIDE

Introductions

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Name

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Years of service

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Tax-Aide site

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Problem areas for further discussion?

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Welcome to TaxAide

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The country’s biggest volunteer program

~ 35,000 volunteers

8 paid staff (nationally!)

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In the Portland Tri-County Area

400+ volunteers

Served 18,361 taxpayers, and

Returned $22,165,658 to the local economy in tax refunds

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Class Schedule

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Start time: 8:30

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Break: 10:15 – 10:30 (approx)

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Lunch: 12 – 1 (approx)

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Break: 2:30 – 2:45 (approx)

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Done for the day: 4:30

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Class Plan

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One day class for returning volunteers

Topics

Resources

Policies & Procedures/SOC/QR

New Intake and Interview Sheet

What’s New – Federal and State

Affordable Care Act

Oregon Tax Law and problem

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What else we expect of you

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Complete the Standards of Conduct and Advanced tests on your own, if you haven’t done so already.

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Consider HSA test.

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Course Levels

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Advanced

For all TaxAide preparers

Ignore Basic course and test (material in Advanced course/test)

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Optional Additional Courses

Health Savings Accounts

Military

International

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Certification Process

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Complete two tests to meet IRS/AARP Tax-Aide certification requirements

Volunteer Standards of Conduct (VSOC) Test

Advanced Test

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Minimum score of 80% required on each

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May take one retest if necessary

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Show competency in use of TaxWise®

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View Oregon presentation and work Oregon tax problem

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Process Components

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IRS Forms

Form 13614-C

Form 1040

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IRS Publications

Pub 4491

Pub 4012

Pub 17

1040 Instructions

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Each will be covered in a later slide TaxWise Software State reference material as applicable OR Tri-Counties Training 2014

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The Text Book

Evergreen Printed version is 2013

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The Work-book

Evergreen Printed Version is 2013

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The Golden Book Primary Reference Tool Contains new ACA Tab

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Text Book for Affordable Care Act New Resource for 2014

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The Tests

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Tax Law Details

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Details Line-by Line

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On line resources

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IRS web site

www.irs.gov

Electronic copies of publications

Information about specific questions

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State web site

http://www.oregon.gov/DOR/pertax/Pa ges/index.aspx

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Other Resources

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Scope of Program, Cont.

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See chart in Pub 4012 p8-10

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An in-scope poster will be posted at your site

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If it’s not on the list, we don’t do it

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If you’re not comfortable doing it but it’s on the list, ask your site coordinator to help you and/or to have another volunteer do the return

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Course Introduction Questions?

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Comments…

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