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

Name

Years of service

Tax-Aide site

Problem areas for further discussion?

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Welcome to TaxAide

The country’s biggest volunteer program

~ 35,000 volunteers

8 paid staff (nationally!)

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

Start time: 8:30

Break: 10:15 – 10:30 (approx)

Lunch: 12 – 1 (approx)

Break: 2:30 – 2:45 (approx)

Done for the day: 4:30

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Class Plan

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

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

Consider HSA test.

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Course Levels

Advanced

For all TaxAide preparers

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

Optional Additional Courses

Health Savings Accounts

Military

International

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Certification Process

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

Volunteer Standards of Conduct (VSOC) Test

Advanced Test

Minimum score of 80% required on each

May take one retest if necessary

Show competency in use of TaxWise®

View Oregon presentation and work Oregon tax problem

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Process Components

IRS Forms

Form 13614-C

Form 1040

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

IRS web site

www.irs.gov

Electronic copies of publications

Information about specific questions

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.

See chart in Pub 4012 p8-10

An in-scope poster will be posted at your site

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

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?

TAX-AIDE

Comments…

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