• Intermediate and Advanced Tax Courses

    Continuing Education Provider

    Jackson Hewitt is an IRS Approved Continuing Education provider, and our tax education courses* offer Continuing Education credits for EAs and other tax return preparers upon successful completion. And as a Jackson Hewitt employee, you are able to earn valuable Continuing Education credits for FREE!**

     

    Jackson Hewitt offers an extensive catalog of Intermediate and Advanced level courses for experienced tax preparers including:

    The Affordable Care Act (3 CE Credits)

    This course discusses topics associated with the Affordable Care Act (ACA) that will impact individual income tax returns. Specific subjects include the Individual Shared Responsibility Provision (ISRP), which calls for taxpayers to do one of the following: Carry minimum essential health coverage, qualify for a health coverage exemption, or make a shared responsibility payment (i.e., pay a penalty) when they file their tax returns.  This course includes which types of health coverage are considered minimum essential coverage, how the Forms 1095 are used to communicate information about coverage, the different types of health coverage exemptions for which the taxpayer may qualify, who is subject to the shared responsibility payment and how to calculate it, and whether the taxpayer qualifies for a net Premium Tax Credit (PTC) or owes an excess Advance Premium Tax Credit (APTC) repayment.

    Health Savings Account (2 CE Credits)

    This course explains how to complete returns for taxpayers with health savings accounts (HSAs). It covers completion of Form 8889 to take the deduction for HSA contributions, report HSA contributions and distributions, and calculate associated additional taxes.

    Retirement Income (2 CE Credits)

    This course explains how to handle tax returns for retired taxpayers. It focuses on individuals who retired after reaching minimum retirement age (including Civil Service and railroad retirees), the different types of retirement income they might receive, and how to report it on the tax return.  It covers pensions and annuities, lump-sum distributions, and Social Security benefits (including lump-sum payments).

    Schedule F - Farm Income and Expenses (2 CE Credits)

    This course explains how to complete Schedule F when the taxpayer has income from farming. It focuses on the different types of income, expenses, and adjustments to income related to farming. It also includes information on the farm optional method of calculating self-employment tax.

    W-2s for Certain Occupations (1 CE Credit)

    Many taxpayers receive standard IRS Forms W-2 for work performed as employees. However, some employers use W-2s that look different from the standard or include information outside of the norm because of the industries or occupations for which the W-2s are issued. This course explains how to handle tax returns for certain taxpayers with unique W-2s, including members of the Armed Forces, statutory employees, and employees of the U.S. Postal Service and the railroad.

    Employee Stock Options (1 CE Credit)

    This course explains how to handle the tax implications of employee stock options on a tax return. It covers the various types of employee stock options. It focuses on whether a grant or exercise of an option or selling stock obtained through exercising an option results in taxable income and, if so, what type of income (ordinary income vs. capital gain or loss).

    Ethics and Due Diligence Requirements (2 CE Credits)

    This course discusses the updated guidelines provided in Treasury Department Circular 230 governing all tax preparers. The course provides examples of situations outlining ethical dilemmas and suggested resolutions. Students are provided ethical scenarios to solve and multiple choice questions on penalties and sanctions covered in Circular 230.

    *Courses vary by market. Contact your local Jackson Hewitt® office to learn which courses are offered in your area. Most offices are independently owned and operated.

    **Jackson Hewitt is an IRS approved continuing education provider. All Jackson Hewitt employees in good standing are eligible to receive free education and any necessary CE. At this time the only preparers other than CPAs and Attorneys, who are subject to state regulations, required to receive annual continuing education by the IRS are Enrolled Agents, Enrolled Retirement Plan Agents, and Enrolled Actuaries.