Transcript www.cashoregon.org

Tax Law Review
Course Introduction
Welcome back to Tax Aide
for 2014
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Introductions
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What this class is
● Review of trickier portions of tax law
● Practice using TaxWise for more
complex tax returns
● Preparation for taking the Advanced IRS
test.
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What this class is not
● Required returning student class to earn
certification to volunteer for 2014 tax
year.
● In depth consideration of new tax law
including the Affordable Care Act
● Consideration of Oregon returns
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Class Plan
● One day tax law review class for
returning volunteers:
 Filing
Status and Dependency
 Basics of Affordable Care Act
 Self Employment and Schedule C
 Capital Gains and Schedule D
 Simplified Method
 Education Credits and Form 8863
 Whatever you want to review
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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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What else we expect of you
● Study tax law on your own
● Take required returning volunteer class
● Practice using the software in Practice
Lab
● Take the Standards of Conduct and
Advanced tests before your one day
returning student class
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Certification Process
● Complete two tests to meet IRS/AARP Tax-Aide
certification requirements
 Volunteer Standards of Conduct (VSC) Test
 Advanced Test
● Minimum score of 80% required on each
● May take one retest if necessary
● Show competency in use of TaxWise®
● Attend required one day returning student class
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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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Course Introduction
Questions?
Comments…
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