CPE for CPAs EAs - Reporting Tip Income Training 2013

Course details

Earn 2 CPE credits while learning Reporting Tip Income. Qualifies for Enrolled Agents and Registered Tax Return Preparers nation-wide and CPAs in most states. Please verify eligibility at http://www.teachucomp.com or by clicking the "CPE Eligibility" document below.

Who must report tip income? Which tips must be recorded? What are the recordkeeping requirements? This video course will examine the federal tax implications related to reporting tip income. By the end of this course, you should understand the various requirements for individuals who receive income in the form of gratuities and much more. Your instructor will use practical, hypothetical real-world examples to further examine these topics and test your knowledge of the most recent tax laws as they apply to tip income.