CTEC Package 1

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CTEC Package 1

Included Courses

  • CTEC Update Course - Filing Requirements, Filing Status & Dependents (Section 3.1 - On-Demand Webcast)
  • Basis of Assets (Section 3.1 - On-Demand Webcast)
  • Sale of Assets - Covers Schedule D, Forms 8949 & 4797 (Section 3.1 - On-Demand Webcast)
  • IRS Ethics for CTEC (Section 3.1 - On-Demand Webcast)
  • California Part Year / Non Resident Returns (Section 3.1 - On-Demand Webcast)

Included Course Details

CTEC Update Course

Filing Requirements, Filing Status & Dependents

Filing Status, Filing Requirements & Dependents
Cost: $60.00
Format: On-Demand Webcasts
Type: CPE Tax
Term: 2012 Tax Law
Registration: Open
Course Status: Available
Self-Paced Premier
IRS (Federal Tax Law): 4 Hours
CTEC: 1 Hour
CTEC (Update): 3 Hours

Basis of Assets

Basis of Assets
Cost: $60.00
Format: On-Demand Webcasts
Type: CPE Tax
Term: 2012 Tax Law
Registration: Open
Course Status: Available
Self-Paced Premier
IRS (Federal Tax Law): 4 Hours
Oregon Tax Board: 4 Hours
CTEC: 4 Hours
Texas State Board of Public Accountancy: 4 Hours
New York State Board of Public Accountancy: 4 Hours

Sale of Assets

Covers Schedule D, Forms 8949 & 4797

Sale of Assets
Cost: $80.00
Format: On-Demand Webcasts
Type: CPE Tax
Term: 2012 Tax Law
Registration: Open
Course Status: Available
Self-Paced Premier
IRS (Federal Tax Law): 6 Hours
Oregon Tax Board: 6 Hours
CTEC: 6 Hours
Texas State Board of Public Accountancy: 6 Hours
New York State Board of Public Accountancy: 6 Hours

IRS Ethics for CTEC

IRS Ethics for CTEC
Cost: $40.00
Format: On-Demand Webcasts
Type: CPE Tax
Term: 2012 Tax Law
Registration: Open
Course Status: Available
Self-Paced Premier
IRS (Ethics): 2 Hours
CTEC: 2 Hours
California Part Year / Non Resident Returns
Cost: $70.00
Format: On-Demand Webcasts
Type: CPE Tax
Term: 2012 Tax Law
Registration: Open
Course Status: Available
Self-Paced Premier
CTEC: 5 Hours

Learning Objectives

By the end of this course you should:

  • Know federal filing requirements for individuals
  • Understand additional filing requirements specific to Form 1040NR
  • Identify the five filing statuses
  • Know the specific rules affecting the Head of Household Filing Status
  • Understand some of the special rules for decedents
  • Understand what a personal exemption and a dependency exemption is
  • Know the seven dependency tests for "Qualifying Child"
  • Know the six dependency tests for "Qualifying Relative"
  • Know who qualifies for the Child Tax Credit
  • Be able to determine who can claim a dependent in divorce and separation situations
  • Determine what happens when more than one individual provides support
  • The meaning of "basis of property"
  • The difference between capital and non-capital assets
  • How to figure the basis of property acquired through purchase, gift and inheritance
  • How to calculate adjustments to basis
  • How to determine the basis of qualified and non-qualified ISOs and ESPPs
  • Separate basis calculations for AMT calculations
  • The difference between a sale and a trade
  • Special rules affecting sales between related parties
  • The difference between capital and noncapital assets
  • Reporting rules for sale of incentive stock options (ISOs) and stock purchased under an employee stock purchase plan(ESPP)
  • How to determine the holding period of property
  • How to complete Schedule D Capital Gains and Losses, Form 8949 and the Schedule D tax calculation worksheet
  • Figure gain or loss on sale of shares in publicly traded partnerships (PTPs)
  • How to complete Form 4797 Sale of Business Assets
  • Show knowledge of IRS ethics governing CPAs, EAs, attorneys and Registered Tax Return Preparers
  • Be familiar with confidentiality rules and civil penalties that may apply under Sections 6694, 6695, 6701, 6713 and 7216.
  • Understand IRS e-file rules
  • Know the layout of California Form 540NR and Schedule CA (540NR)
  • Be familiar with common adjustments made in apportioning income on Schedule CA (540NR)
  • Understand how to complete California part year and nonresident returns

Meet Your Instructor

April Gutierrez LTC EA
April Gutierrez,
Enrolled Agent:
Known for her entertaining speaking style and ability to make a complex subject easy to understand, April is frequently invited to speak to business groups and news media on tax-related topics. She has a B.A. in Communication Studies from Murdoch University in Perth, Australia. She obtained her Oregon LTC in 1995.

April resides in Portland, Oregon, with her husband Jess and her two young boys. Her pastimes include gardening, travel, and playtime with her Arabian horse Fancy.

Any Time, Anywhere

openCampus, our online Learning Management System (LMS), offers you the flexibility to study at your own pace while still enjoying many of the benefits of a live classroom.

  • Watch lecture video recordings of live instructor-led classes.
  • Break to complete classwork and quiz assignments as instructed.
  • If you have a question or need help understanding your assignments, use our Q&A forum to post questions and receive answers from your instructor.
  • Complete assignments and tests then submit your answers online.

Advance Preparation Required

Our site requires an up-to-date Adobe Flash® Player and use of a high-speed Internet connection. To ensure your learning experience is worthwhile and productive we ask all students to take the time to become familiar with our site before attending class.

Recommended Minimum Requirements

The following requirements are recommended for using this site. Few students have reported success while operating outside of these requirements, therefore these are provided as a guideline for troubleshooting if you are having difficulties viewing or operating in this site.

Operating System:
  • Windows
  • Apple
  • Unix/Linux
  • Solaris

*Your operating system should be fully updated.
**Mobile devices are not supported. 

Browser:

If you encounter log in or video viewing difficulties, we strongly recommend you install Google Chrome.

In any browser, both Cookies and JavaScript must be enabled.

Connection:

Broadband (512 Kbps+). Mobile hotspots are NOT supported.

Browser Plug-Ins: The latest of the following:
Peripherals:

Headphones and/or Speakers

 

Disclosures and School Policies

 

Terms of Enrollment

Pacific Northwest Tax School's course materials and teaching techniques are valuable proprietary information of Pacific Northwest Tax School, and all such information is subject to copyright, including written, recorded, internet based as well as all other electronic media. Each Student agrees that she/he will use the information only for purposes of education and training; and as a condition of enrollment, that they will not to disseminate the information to any third party and will treat the materials as confidential information of Pacific Northwest Tax School. As a condition of enrollment, Students pledge not use any information in any competitive fashion, including to create or derive competitive materials. Students further agree that any breach of these terms and conditions shall cause the school irreparable harm, entitling Pacific Northwest Tax School to injunctive relief, as well as any other remedy that may be available at law or equity. Students shall have six months from date of enrollment in any course, to complete the course and receive their Certificate of Completion.

Basic Tax Law

Students taking any Basic Tax Law course, agree to comply with all Terms of Enrollment outlined the enrollment agreement form for that course, a link to which can be found on the catalog page for each Basic Tax course.

Prerequisites & Advance Preparation

Students intending to write the Oregon State Tax Exam, must be at least 18 years of age, and have High School Diploma or GED. Students using our self-paced internet based program should prepare for classes by downloading and printing course materials. For more information including detailed course descriptions and learning objectives, view the lesson plans of each course, located on Pacific Northwest Tax School's website at: 

Cancellations/Refunds

Continuing professional education courses including interactive, non-interactive and correspondence program fees are non-refundable and non-transferable. Webinars/Webcasts are non-transferable and in most cases non-refundable. A student may choose to be switched to another Webinar/Webcast of equal or lesser value if a conflict with the scheduled time exists. In the case of a missed Webinar/Webcast a request to transfer to a new Webinar/Webcast must be made with 48 hours of when the Webinar/Webcast aired. Refunds will be issued ONLY prior to the start of the Webinar/Webcast. A $15.00 processing fee will be withheld from all refund amounts. For more information regarding administration policies including complaints and refunds, please contact our offices at 503-646-5600.

Problem Resolution

Pacific Northwest Tax School gives the highest priority to delivering quality education programs.If you have concerns about our programs please contact the Pacific Northwest Tax School Education Coordinator at: supportoc@pnwtaxschool.com

Disclaimer

Manuals distributed and programs sponsored by Pacific Northwest Tax School are designed to teach application of tax laws. Pacific Northwest Tax School works to provide accurate and timely material to students, however the school does not have any responsibility if human and/or mechanical error exists.Accordingly, no assurance is given by Pacific Northwest Tax School that such information is totally comprehensive or accurate in its coverage of such subject matter. Information published or sponsored by Pacific Northwest Tax School should not be relied upon as a substitute for independent research to original sources of authority such as the Internal Revenue Code, IRS Publications and Internal Revenue Rulings. Pacific Northwest Tax School, its authors, and instructors do not render legal, accounting, or other non-educational professional advice. If legal advice or other expert assistance is required, the services of a competent professional should be sought.  Credit hours are subject to change without notice.

IRS Approved

IRS Approved Continuing Education Provider

Notice to Members of the National Association of Enrolled Agents: NAEA requires its members to obtain 30 hours of CPE each year. NAEA further requires the CPE be in compliance with IRS guidelines. As an IRS approved sponsor of CPE, our programs meet CPE standards set forth by NAEA.

NASBA

Approved National Registry of CPE Sponsor
NASBA Sponsor #109290

Pacific Northwest Tax School is registered with the National Association of the State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website:  www.learningmarket.org

CTEC

California Tax Education Council Sponsor
CTEC Sponsor #6180

Pacific Northwest Tax School has been approved by the California Tax Education Council to offer Qualifying Education with our 87-HOUR CTEC Basic Tax Course - Federal & California Law which fulfills the 60-hour "qualifying education" requirement imposed by the State of California to become a tax preparer. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890,Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832 or on the internet at www.ctec.org.

OR Board of Tax Practitioners

Pacific Northwest Tax School is a licensed vocational school regulated by the Oregon Department of Education. Our CPE programs are approved by the Oregon Board of Tax Practitioners.

TX State Board of Public Accountancy

Texas Sponsor #009794

The Texas State Board of Public Accountancy requires CPAs obtain CPE from a Board-approved sponsor. Pacific Northwest Tax School has registered with the Texas State Board of Public Accountancy as a CPE sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE programs.

NY State Board of Public Accountancy

Sponsor License #002479

The New York State Board for Public Accountancy requires CPAs obtain CPE from a Board-approved sponsor. Pacific Northwest Tax School has registered with the New York State Board for Public Accountancy as a CPE sponsor.

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