As tax preparer it is important to know the differences between ordinary income and capital gains. Capital gains such at income from stocks, real estate or other investments. Capital gains have very different tax rules. In this 2 hour course, CPA and attorney Dr. Basi along with CPA and attorney Roman Basi will discuss the differences and rules between ordinary income and capital gains income. Additionally they will spend time talking about a variety of lesser know rules, codes and provisions that may affect your clients.
This class will count towards 2 Credit Hours of Tax Law for your IRS Continuing Education.