Basic US Taxation

Courses

BASIC US TAXATION

NumbersNest Academy

The Basic US Taxation Training Course is designed to provide participants with a foundational understanding of the United States tax system. This course will equip you with essential knowledge.

Key Points

Tax Basics

⁍ Explore the fundamental concepts of taxation.
⁍ Understand the difference between federal, state, and local taxes.
⁍ Learn about tax forms, filing deadlines, and common terminology.

Business Taxation

⁍ Learn about business structures (sole proprietorship, partnership, corporation) and their tax implications.
⁍ Understand self-employment taxes, payroll taxes, and estimated tax payments.
⁍ Explore deductions and credits available to businesses.

Tax Compliance and Ethics

⁍ Familiarize yourself with tax compliance requirements and reporting obligations.
⁍ Stay informed about changes in tax laws and regulations

Understanding the Tax System in USA
Understanding the Entity Structure in USA
All types of Tax forms, schedules and Terminology
Preparing Trial Balance from Corporate Tax Returns
Book-to-Tax Reconciliation and Adjustment

Course Details

Duration

1 month (Mon-Fri, 2 hours daily)

Delivery Format

Instructor-led

Prerequisites

Understanding of Basic US Taxation

NumbersNest Academy