Course curriculum

  • 01

    Overview

    • 302 Income

    • 304 Income Reporting Forms

    • 306 Income Recognition Concepts

  • 02

    W-2 Income

    • 308 W-2 Income

    • 309 Tax Software Example W-2 Income

  • 03

    Interest & Dividend Income

    • 310 Interest Income

    • 314 Tax Software Example Interest Income

    • 316 Dividend Income

    • 318 Tax Software Example Dividend Income

  • 04

    Social Security Benefits & State Tax Refund

    • 320 Income Social Security Benefits

    • 324 Social Security Business

    • 330 Refund From State Income Tax

    • 332 Refund From State Income Tax

  • 05

    Capital Gains & Other Kinds of Income

    • 340 Capital Gains

    • 342 Tax Software Example Capital Gains

    • 380 Other Kinds Of Income

    • 382 Tax Software Example Other Kinds Of Income

  • 06

    Excluded From Gross Income

    • 385 Excluded From Gross Income Fringe Benefits

  • 07

    Comprehensive Problem Part 1

    • 310 Practice Problem 1 Part 1 Introduction Organizing Documents

    • 315 Practice Problem 1 Part 2 Data Input Form W-2

    • 320 Practice Problem 1 Part 3 Data Input Form W-2 Tax Formula – Excel Worksheet

    • 325 Practice Problem 1 Part 4 Data Input Form 1099-DIV & Form 1099-INT

    • 330 Practice Problem 1 Part 5 Data Input Form 1099-DIV & Form 1099-INT Tax Formula - Excel

    • 335 Part 6 Data Input Form 1099-B Proceeds From Broker & Exchange Transactions

    • 340 Practice Problem 1 Part 6 Data Input Form 1099-B Proceeds From Broker & Exchange Transactions Fo

    • 345 Practice Problem 1 Part 7 Data Input State Refund, Unemployment, & Winnings

    • 350 Practice Problem 1 Part 8 Data Input State Refund, Unemployment, & Winnings Formula – Excel Work

Description

This course will focus on the income section of the income tax equation.

We will discuss items included and excluded from taxable income.

The course will demonstrate examples using tax forms, an income tax formula using Microsoft Excel, and tax software.

Robert (Bob) Steele CPA CGMA CPI MStax

Instructor

Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.

Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).

Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.

In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele’s teaching philosophy is to make content applicable, understandable, and accessible.

Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.

Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.

Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.

Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.

The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.

Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge.