Understanding Requirements for the Earned Income Credit Webinar

Summary

The earned income tax credit (EIC) is a refundable tax credit that provides a tax break to taxpayers with low to moderate income. This webinar will cover EIC rules and special provisions allowed for military and clergy when claiming the credit. Additionally, we will address common errors made when calculating and claiming the credit, consequences of disallowance by the IRS and the requirements imposed on tax preparers for EIC due diligence.

Objectives

Upon completion of this course, you will be able to:

• Summarize EIC qualifications
• Review rules for everyone including individuals with no children
• Outline requirements for tax preparer due diligence

Course Details

This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.