Earned Income Credit - Updated for 2023
SKU: 02-248-01-CPE
Credit Hours: 4
CPE Category: Taxes
CE Category: Federal Tax
Delivery Method: Online PDF
Instructor: Paul J. Winn CLU ChFC
Course Description:
This course examines the earned income credit rules, the common errors made in claiming the credit, the consequences of its disallowance by the IRS and the requirements imposed on tax return preparers for earned income credit due diligence.
Upon completion of this course, you should be able to:
- Apply the earned income credit rules to determine if a taxpayer is eligible for the tax credit
- Identify the common errors committed in connection with the earned income credit
- Describe the consequences of the IRS’ disallowance of the earned income credit
- Recognize the tax return preparer’s EIC due diligence requirements.