Best Tax Prep Courses

Home » Blog » Online Courses » Best Tax Prep Courses

Best Tax Prep Courses

Paying the necessary amount of tax is the duty of every individual in the country. The tax money that is paid goes to the government which is used for the betterment of the facilities of the state and the country. And the process for preparing tax returns for a person or a company with or without the help of any software is called as Tax preparation. Turbo Tax was one of the most used software to file tax returns. A company hires someone who is well accustomed to the concept and has prior experience and the skill set to file taxes. Here are a few of the benefits of filing income tax returns early:

  • You avoid penalty
  • You carry forward your losses
  • You get an easy loan approval
  • You have income and address proof

When one aspires to become a tax filer, he or she needs to be confident in their abilities regarding the field because it is very easy to make mistakes and one mistake can cost the person or the company. Thus, companies and people are very cautious while hiring someone for the job. In order to boost your skill set, there are a lot of courses offered online by various platforms. Let us have a look at a few of the courses that are provided for tax preparation:

1. Tax Prep for Entrepreneurs by Udemy

This course is helpful for the creators and the entrepreneurs who wish to go into the tax preparation sector. This course gives a boost to the people who already have a little knowledge of tax. This course teaches one to gain knowledge to make better decisions. The course is created by Jon Gillingham. The course lasts for one and a half hours. You can enroll in this course absolutely for free.

Apply Now

2. Fundamentals of Business Taxes by Udemy

Business taxes are a very crucial term when it comes to handling the finances of the company. Thus, in order to work for a business-related company, one should be accustomed to the terms themselves. This course teaches you the basics when it comes to business taxes. Simplified concepts of sales tax basics are taught. Various tax forms like W2s, W3s, K-1s, etc. are elaborated. You learn about monthly, quarterly, and annual business taxes. The course is provided by Udemy. It is a 2-hour course that will give you a certificate of completion. The course will cost you $18 but discounts are available.

Apply Now

3. Tax Preparation: Knowledge and Awareness about Tax by Udemy

This course specifically targets American citizens who want to understand and learn to pay their taxes. There are certain percentages or slabs to pay taxes like 10%, 15%, 22%,28%, etc. which will be taught in this course. Information about tax payment and all the concepts surrounding it will be given in this course. The course is offered by Udemy. It is a 5-hour course that will provide a certificate of completion. The course will cost you $44 but discounts can be availed.

Apply Now

4. Taxation of business Entities 1: Corporations by Coursera

A professional skill set is developed with the knowledge of technical taxes. The U.S federal taxation is briefly introduced in the course. Topics like Overview of Business Taxation, Corporate Income Taxation, and corporate formation will be taught in the course. This course is offered by the University of Illinois on Coursera. This course takes 33 hours to complete. It is a part of the U.S federal taxation specialization. You can enroll in and audit the course for free.

Apply Now

5. Multistate Taxation by Coursera

When it comes to paying the taxes, every state or the local area might have its own protocols. This course teaches about the taxation practices that have been going on from historical periods. It will help you understand the issues when it comes to income, sales, and taxes. You also learn the limitations of the state’s taxing power. The course is provided by the University of Illinois on Coursera. The course is about 24 hours long and will take 8 weeks to complete every module. You can enroll in the course for free.

Apply Now

6. Tax Preparation and Law 2021, 2020, 2019 & 2018 – Income Tax by Udemy

This is a full course on the tax preparation concept. One can learn right from the beginning about it. Concepts like ‘how to calculate taxes using tax formulas’ and ‘how to complete tax returns’ are depicted in this course. This is one of the most updated courses available for tax preparations. This course is offered by Udemy and it is a very lengthy and in-depth course that takes almost 87 hours to complete. Along with 16 articles, you have almost 350 downloadable resources meaning you have access to a lot of study material. The course will cost you $118 but discounts are offered.

Apply Now

7. US Income Taxes – Income tax preparation simplified for you by Udemy

College students, first-time tax filers, US taxpayers are the target audience for this course. The course will prepare you to understand the concepts of income tax and prepare you for the future. The best way to handle your financial situation is for you to be in charge of it and learning the concepts in this course might just help you do that. This course is strictly restricted to US Taxpayers. The course is offered by Udemy. It is a 2-and-a-half-hour course that will cost you $26 but it will be much cheaper if the discount is available.

Apply Now

About the author

Indu has been educator since last 10 years. She can find all kind of scholarship opportunities in the USA and beyond. She also teach college courses online to help students become better. She is one of the very rare scholarship administrator and her work is amazing.