Income Tax Preparer
Income Tax Preparer
The income tax courses are designed for experienced income tax return preparers and students interested in becoming income tax professionals. The College is an IRS Authorized Continuing Education provider. The designation allows students to receive IRS continuing education credit when enrolled in some of the TAX courses. Please visit the Frequently Asked Questions page for more information about professional requirements.
Printable Tax Preparer flyer (PDF, 
)
At a Glance Class Schedule:
| Course | CRN# | Course Title | Date - Time | Location |
|---|---|---|---|---|
| TAX003 | 11847 | Income Tax Preparation (54 hours) |
Saturday, 9:30 a.m. - 4:30 p.m. dates: 6/1/2024 - 7/27/2024 |
In-Person, Rockville Campus |
| TAX010 | 41588 | Individual Tax Preparer Exam Test Prep (18 hours) |
Saturday, 9:30 a.m. - 4:30 p.m. dates: 5/4/2024- 5/18/2024 |
Online -SR |
| TAX010 | 11790 | Individual Tax Preparer Exam Test Prep (18 hours) |
Friday, 9:30 a.m. - 4:30 p.m. dates: August 16, 2024 - August 30, 2024 |
In-Person, Rockville Campus |
| TAX006 | 41587 | Maryland Individual Tax Preparer Continuing Education (17 hrs.) |
Friday, 9:00 a.m. - 5:00 p.m. Dates: June 14, 2024 - June 28, 2024 |
Online -SR |
| TAX006 | 11787 | Maryland Individual Tax Preparer Continuing Education (17 hrs.) |
Friday, 9:00 a.m. - 5:00 p.m. Dates: July 12, 2024 - July 26, 2024 |
In-Person, Rockville Campus |
| TAX007 | 11788 | Small Business Tax Course (30 hours) |
Wednesday, 6:00 p.m. - 9:00 p.m. |
Online- SR |
| TAX009 | How to Start and Grow Your Tax Preparation Business (8 hrs.) |
Not offered in the Summer |
WDCE Scholarships
WDCE has a number of potential scholarship opportunities from time to time. Visit WDCE Scholarships to learn more.new window
Income Tax Preparer Courses:
Target Audience: Students interested in becoming income tax return preparers
Gain a new skill to use part time or full time! This comprehensive course covers the
basics of preparing individual tax returns filed with the IRS. Review, line by line,
Form 1040 and the three schedules, including Schedule A (Itemized Deductions). Explore
Schedules B, C, D, and E, ethics, and Federal Tax Law.
Target Audience: Experienced income tax preparers in need of continuing professional
education hours
All Maryland Individual Income Tax preparers are required to complete 16 hours of
continuing education credits when they renew their Maryland license. This course provides
continuing professional education. Discuss three hours of tax law update, two hours
of ethics, two hours of Maryland tax law topics, and 10 hours of federal tax law topics.
Students will need to bring their Preparer Tax Identification Number (PTIN) to class
to receive IRS CE credit. IRS CE credit is awarded for the calendar year that the
course is completed.
Target Audience: Experienced income tax preparers interested in business tax returns
Do you want to grow your tax practice by providing business tax returns? This course
is designed for existing individual income tax return preparers. Discuss preparing
business tax returns for various forms of business entities such as C and S Corporations,
partnerships, and sole proprietorships. Discuss dispositions, income, expenses, and
understanding the balance sheet. Review employment taxes such as Form 941, 940, Form
W-2, W-3, W-9, Form 1099-NEC, and other relevant forms including 6198, 8829, and schedules
M-1, M-2, K-2, K-3 and Form 7203 Basis.
Target Audience: Experienced income tax preparers interested in starting a tax business
Learn how to go from employee to entrepreneur. Examine the process of starting and
growing your tax business. Discuss tax preparation and obtaining credentials, developing
a business plan, and risk management. Explore establishing your office, operating
systems, and buying a tax practice. Learn the day-to-day activities of a tax preparation
business owner: target market, pricing, advertising, growth potential, startup costs,
hiring and employee retention, and more. Discuss responsibilities, such as due diligence
and fraud protection, and helping your clients deal with the IRS.
Target Audience: Experienced income tax preparers interested in the Maryland Tax Preparers examination. This course will prepare you to take the Maryland Individual Tax Preparers Exam; the first step in becoming an individual tax preparer in Maryland by allowing you to sign federal and state tax returns. Review exam topics, including filing state and federal tax returns, income, assets, adjustments, exemptions, additions, deductions, tax computation, credits, other taxes due, payments, and ethics. Discuss the Affordable Care Act. Maryland topics include Maryland state residency, calculation of Maryland tax, Maryland state credits, calculation of local tax, TAX003 Income Tax Preparation. Textbook is required. Please bring your Comprehensive Tax Bundle for 2022 Returns, if you have it from TAX003. Or, it can be purchased at the MC Bookstore.
