Page 8 - VTax Training Guide
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VTax Basic Training
Entry level tax preparer that has no previous knowledge or
understanding of the tax code or tax law.
The VTax Licensee/Independent Agent must consent to adhere to the
obligations in Circular 230, Subpart B and section 10.51.
You do not have to be a licensed tax professional to do VTax however;
understanding the basics of taxes is very important. In the event you are
asked basic tax related questions by your client, you will be fully equipt
to respond.
This course has been approved by the IRS for 15 hours of continuing
education. There are three separate lessons in this course and the
student must pass each lesson with a 70% or greater. Once you have
completed the course you will need to print your certificate which is
suitable for framing. Once you have completed this course, are you ready
to collect basic tax information from your clients and submit them to
VTax for preparation
The student does not have to have any tax knowledge to take this course.
This course includes 15 IRS continuing education hours:
2 hours of ethics includes
3 hours of federal tax law updates
10 Hours Federal Tax Law
