May 11, 2007, Newsletter Issue #64: Income Tax Classes

Tip of the Week

A great way to increase your knowledge about filing your income tax returns is by taking a class about the IRS income tax law. Everyone from paid tax professionals to individual taxpayers can benefit by staying current with the IRS tax laws, rules and regulations.

You will find classes offered through your local colleges, through professional continuing education, and the IRS. Plus, many classes are offered online.

Classes cover various levels. For instance, there is a Fundamentals of Tax Preparation I course for the beginning tax preparer. For income tax preparers wanting more advanced income tax information, there are advanced courses offered. In addition to tax law changes, students learn about tax-saving and planning issues. You can also gain a greater understanding about the basic necessities of filing an income tax return.

Considering the amount of information you will receive, classes are very affordable. And, if you own and operate a business, the class enrollment fee could be tax deductible.

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