Tax Business Launch Review

This Tax Business Launch review was compiled after using the program and going through each lesson one by one.

We’re providing you with this Tax Business Launch review with first hand knowledge of the course. This is because we’re also using Tax Business Launch as well. This gives us insight that most people writing a Tax Business Launch review don’t have.

LEARN MORE ABOUT THIS COURSE

The Tax Prep Industry

Since tax laws are so confusing, more and more people are opting to have their taxes done by a tax professional. During the past 5 years alone the tax preparation field has grown by a whopping 2.9%. This means it has become a $10 billion a year industry. The IRS has estimated that there will be over 250 million tax returns filed in 2018 alone. This means there is an ever growing supply of potential customers.

How Much Money Does A Tax Professional Make?

The tax season only runs for about 3.5 months from January 1 to April 15. During this time a tax professional can make over $50,000! Independent tax preparers (not employees) can earn even more. Some successful independent tax preparers make more the $100,000 in a tax season.

How To Become A Successful Tax Professional

If you’re thinking of becoming a tax professional, there’s never been a better time. However, this is not a field you can simply enter and make money. You will need to get educated.

There are courses available to teach you how to become a tax professional. One such program is called Tax Business Launch.

What Is Tax Business Launch?

Tax Business Launch is a comprehensive course that will teach you how to become a successful tax professional. It was created by Ben Robinson who is the founder of the incredibly popular Bookkeeper Business Launch.

Ben used to be a CPA and owned his own CPA firm so he knows what it takes to succeed as a tax professional. Today Ben has a goal to teach thousands of people how to succeed in the field of the tax prep.

But, is Ben’s Tax Business Launch program really all it claims? Is the whole Tax Business Launch program a scam to take your hard-earned dollars?

That’s why we put together this Tax Business Launch review. We want to help you learn if the program can work for you to become a sought-after tax professional, or if the course is a scam.

Let’s dig deeper into the Tax Business Launch course. We did an in-depth analysis for this Tax Business Launch review. Below you will  find everything the program offers.

Tax Business Launch Review: Inside Tax Business Launch

We were amazed as we did our research for this Tax Business Launch review at how in-depth this course really is. The Tax Business Launch program is made up of 6 sections. These sections include 23 units which are broken down into 53 modules, and these modules contain 523 lessons. (This is at the time we compiled this Tax Business Launch review.)

As you can see the Tax Business Launch is an extremely comprehensive course that has everything you will need to learn about the tax preparation business.

At this point in our Tax Business Launch review, let’s look at each section and see what’s included in the Tax Business Launch course.

Section 1: TAX SKILLS

The first section in the Tax Business Launch is called tax skills. This section is made up of the following units:

• Foundations
• The Form 1065
• Form 1120S
• The Form 1120
• Form 1040

Unit 1: Foundations

The foundations unit is made up of three modules:

• Compliance
• Basics
• Tax Flow

Module 1: Compliance

In this first module called compliance you will learn everything you need to do to become compliant with the U.S. government. Here you will cover how to get your PTIN, EFIN, and up to a complete view of the U.S. Tax Laws & Regulations.

This module includes:

1. A Complete Compliance Overview
2. How to Get Your PTIN
3. Learn How to Get Your EFIN
4. Take an Online Field Trip to IRS.gov
5. Training on Circular 230 & Ethics
6. A Birds-Eye View of Taxes
7. An In-Depth Look at U.S. Tax Laws & Regulations

Module 2: Basics

In this module you will learn the foundational stuff as it applies to income taxes. Since there are many types of tax returns, you will learn exactly how to file each type of return. There’s foundational tax application that applies whether your filing a 1040, a 1065, a 1120S or 1120. After you’re done with this module you will understand the law, the regulation, and the code level, no matter what type of tax return that you’re preparing.

This module includes:

1. The Basics Overview
2. All About Business Filing Requirements
3. How to Use the Accounting Method
4. Training in Business Income
5. Complete Guide to Business Deductions
6. Guide to Cost of Goods Sold
7. All About Automobile Expenses
8. How to Deduct Travel, Meals and Entertainment
9. Using Officer Compensation
10. Accounting Period Training
11. Using Balance Sheets
12. What Are Book-to-Tax Differences?
13. An In-Depth Look at Business Activity Codes
14. A Guide to Rental Property
15. Vacation Homes and Taxes
16. How to Complete Form 8825 Rental Real Estate
17. How to Complete Form 1040, Schedule E, Part 1

Module 3: Tax Flow

In this module you will learn all aspects of tax flow. From the initial consultation, pricing, intake, all the way to delivery and exit, this module will teach you everything you need to know.

The following is included in module 3:

1. The Tax Flow Overview
2. Consultation Training, Part 1
3. Consultation Training, Part 2
4. An Overview to Tax Preparation Pricing
5. A Guide to 1040 Pricing
6. Entity Pricing Training
7. How to Price Bundled Services
8. The Engagement Letter – 1040
9. Engagement Letter – Entities
10. The Intake Process
11. A Guide to Tax Return Delivery & Exit Consult
12. Survey, Follow-Up & Planning
13. How to Use Electronic Filing
14. The Publication 1345 – Must Read
15. Publication 1345 – ERO
16. The Publication 1345 – ERO Duties
17. Publication 1345 – Transmission
18. The Publication 1345 – Rules & Requirements

Unit 2: Form 1065

Unit 2 form 1065 contains two modules which include:

• 1065 Skills
• 1065 Exercise

Module 1: 1065 Skills

In this module you will learn about partnerships and their characteristics as well as everything you will need to know about the form 1065 and its filing requirements.

This module includes:

1. A Complete Overview of Partnerships
2. How to Complete Form 1065, Page 1
3. Training for Form 1065, Page 2
4. Page 3 of Form 1065
5. How to Complete Form 1065, Page 4
6. Page 5 of Form 1065
7. The Form 1065, Schedule K-1, Parts 1 & 2
8. Form 1065, Schedule K-1, Part 3
9. Training on Partnership Guaranteed Payments

Module 2: 1065 Exercise

In the module 2 called 1065 exercise, you will be taken through a complete working exercise in completing a form 1065.

This module includes:

1. Form 1065 Exercise Overview
2. The Form 1065 Exercise Page 1
3. Form 1065 Exercise Page 2 & 3
4. The Form 1065 Exercise Page 4
5. Form 1065 Exercise Page 5
6. The Form 1065 Exercise Form 4562
7. Form 1065 Exercise Form 8825
8. Exercise Schedule B-1 for Form 1065
9. Form 1065 Exercise Schedule K-1

Unit 3: Form 1120S

This unit is made up of two modules which include:

• 1120S Skills
• 1120S Exercise

Module 1: 1120S Skills

1. S-Corporation Overview
2. A Guide to S-Corporation Eligibility & Election
3. All About Stock Basis & Debt Basis
4. An In-Depth Look at Reasonable Compensation
5. A Guide to S-Corp Shareholder Health Insurance
6. How to Complete Form 1120S, Page 1
7. Completing The Form 1120S, Page 2
8. How to Complete Page 3 of Form 1120S
9. The Form 1120S, Page 4 & 5
10. Completing Form 1120S, Schedule K-1

Module 2: 1120S Exercise

1. Form 1120S Exercise Overview
2. The Form 1120S Exercise Page 1
3. Form 1120S Exercise Page 2
4. Form 1120S Exercise Page 3
5. The Form 1120S Exercise Page 4
6. Form 1120S Exercise Page 5
7. The Form 1120S Exercise Form 4562
8. Form 1120S Exercise Form 1125-E
9. The Form 1120S Exercise Form 1125-A
10. Form 1120S Exercise Schedule K-1

Unit 4: Form 1120

Unit 4 form contains two modules which include:

• 1120 Skills
• 1120 Exercise

Module 1: 1120 Skills

1. A Complete C-Corporation Overview
2. How to Complete Form 1120, Page 1
3. The Guide to Completing Form 1120, Page 2
4. How to Complete Form 1120, Page 3
5. The Complete Guide to Form 1120, Page 4
6. The Guide to Completing Form 1120, Page 5
7. How to Complete Form 1120, Page 6

Module 2: 1120 Exercise

1. Form 1120 Exercise Overview
2. Page 1 Form 1120 Exercise
3. Form 1120 Exercise Pages 2 and 3
4. Pages 4 and 5 Form 1120 Exercise
5. Form 1120 Exercise Page 6
6. The Form 1120 Exercise Form 1125-A
7. Form 1120 Exercise Form 1125-E and Schedule G
8. Form 1120 Exercise Form 4562

Unit 5: Form 1040

Unit 5 is composed of two modules which include:

• 1040 Skills
• 1040 Exercise

Module 1: 1040 Skills

1. Individual Form 1040 Overview
2. Form 1040 Schedules Overview & Schedule 1
3. How To Complete Form 1040 Other Schedules
4. 1040 Structure
5. The Filing Status
6. How To Claim Dependents
7. Income Overview & Schedule B
8. Schedule 1 – Additional Income
9. Guide to Schedule C
10. Schedule D & Form 4797
11. Guide to Schedule E
12. Schedule F
13. Using Schedule 1 – Adjustments to Income
14. Guide to Schedule SE
15. AGI & Deductions
16. Income Tax & Schedule 2
17. Child Tax Credit
18. Foreign Tax Credit
19. Credit for Child & Dependent Care
20. Education Credits
21. Schedule 3 Other Credits
22. The Schedule 4 Overview & Schedule SE
23. Form 5329 & Schedule H
24. Other Taxes Wrap Up
25. Schedule 5
26. 1040 Wrap Up

Module 2: 1040 Exercise

1. 1040 Exercise Intro – Be a COP
2. The 1040 Tax Organizer
3. Tax Documents Walkthrough
4. Just Do It, Status – Line 5b
5. Answer Key, Status – Line 5b, Schedule 1
6. Schedule 1, Taxable Refund & Capital Gains
7. Guide to Schedule C – Introduction & Income
8. Schedule C – Expense Exercise Introduction
9. Schedule C – Expenses Hack
10. Exercise for Schedule C – Expenses Solution
11. Schedule C – Car & Truck Expenses
12. The Schedule E – Exercise Introduction
13. How to Use Schedule E – Page 1 Solution
14. Schedule E – Page 2 Solution
15. Schedule 1 Income Wrap-up
16. 1040 Income Wrap
17. Schedule 1 – Adjustments Exercise
18. Adjustments Solution
19. Schedule SE Exercise
20. Schedule SE Wrap Up
21. Adjusted Gross Income & Schedule A Exercise
22. Schedule A Solution
23. Qualified Business Income Deduction
24. Tax Calculation Exercise
25. Tax Calculation Solution
26. Schedule 3 Exercise
27. Form 1116 Credit Exercise
28. Form 2441 Credit Exercise

Section 2: TAX SKILLS – ADVANCED

Section 2 is made up of three units:

• Research
• Estimate
• Advise

Unit 1: Research

This unit is made up if one module called Tax Research.

Module 1: Tax Research

1. Tax Research Module Slides
2. Introduction to Tax Research
3. Tax Research Project, Pt 1
4. Pt 2 Tax Research Project
5. Tax Research Project Entity

Unit 2: Estimate

The Estimate unit is made up of two modules which include:

• Estimated Taxes for Individuals
• Estimated Taxes for Corporations

Module 1: Estimated Taxes for Individuals

1. Estimated Tax – Introduction
2. Estimated Tax – Who Must Pay
3. How to Figure Estimated Tax
4. When to Pay Estimated Tax
5. How to Pay Estimated Tax
6. Credit for Withholding / Estimated Tax
7. Underpayment Penalty Part 1
8. Part 2 – Underpayment Penalty
9. Underpayment Penalty Part 3

Module 2: Estimated Taxes for Corporations

1. Estimated Tax – 1120-W
2. 1120-W Instructions

Unit 3: Advise

This unit is includes one module called Advising Your Client.

Module 1: Advising Your Client

1. Advising Your Client Module Slides
2. Advise – Tax Planning Introduction
3. Tax Planning Cool Tool
4. The Tax Planning Formula
5. Tax Planning Schedule B
6. Tax Planning Schedule C

Section 3: CLIENTS

Section 3 is made up of five units and these include:

• Get Ready To Earn
• Yakkity Yak
• Networking
• Irresistible Selling Statement
• Specialized Groups

Unit 1: Get Ready To Earn

The Get Ready To Earn Unit has three modules:

• Crash Course
• Marketing 101
• You’re A Business Owner!

Module 1: Crash Course

1. Speed Marketing
2. Getting Into the Details

Module 2: Marketing 101

1. What is Marketing?
2. Your Market: Niche
3. Your Market Defined

Module 3: You’re A Business Owner!

1. Breakthrough vs. Busy
2. Think like a Business Owner
3. Get Your Business Card
4. Get Your Business Card – Demo

Unit 2: Yakkity Yak

The Yakkity Yak unit has two modules.

• How To Yakkity Yak
• You Can Do It!

Module 1: How To Yakkity Yak

1. What is Yakkity Yak?
2. Where do you Yakkity Yak?
3. The Conversation

Module 2: You Can Do It!

1. Yakkity Yak – Take Action
2. Feel the Fear
3. 20×5 Challenge

Unit 3: Networking

The Networking unit is made up of two modules:

• How To Network
• Mix & Mingle

Module 1: How To Network

1. What is Networking?
2. 3 Stages of Professional Relationships
3. Networking – When and Where
4. What do you say?
5. How to work the room
6. What Might Others Say?

Module 2: Mix & Mingle

1. Networking – Take Action
2. The Secrets of Confidence

Unit 4: Irresistible Selling Statement

This unit of the Tax Business Launch program consists of two modules:

• ISS Introduction
• Creating Your ISS

Module 1: ISS Introduction

1. Irresistible Sales Statement Introduction
2. What is an Irresistible Sales Statement?
3. Why Benefits Sell

Module 2: Creating Your ISS

1. Crafting Your Irresistible Sales Statement
2. Features vs. Benefits
3. Benefit Brainstorming
4. Classic Benefits
5. Irresistible Sales Statement Examples

Unit 5: Specialized Groups

The Specialized Groups unit of the Tax Business Launch program has two modules:

• Where’s The Party?
• Get In There!

Module 1: Where’s The Party?

1. What are Specialized Groups?
2. Specialized Groups – When and Where
3. Specialized Groups – Watch Me
4. How to Contribute
5. Getting Success – Interview with Callie
6. Move the Conversation Offline

Module 2: Get In There!

1. Specialized Groups – Take Action
2. Give to Get

Section 4: CLIENTS – ADVANCED

Section 4 of the Tax Business Launch course is made up of seven units:

• Get Your Website
• Prospect Follow-Up System
• Email Outreach
• Referral Marketing
• Linkedin
• Niches
• Content Marketing

Unit 1: Get Your Website

This unit of the Tax Business Launch program consists of two modules:

• Website Setup
• Website Customization

Module 1: Website Setup

1. Overview of 8 Steps
2. Step 1 – Get Hosting & Domain, Part 1
3. Part 2 of Step 1 – Get Hosting & Domain
4. Step 2 – Setup Basics
5. Outline Your Site – Step 3
6. Step 4 – Select Your Theme

Module 2: Website Customization

1. Step 5 & 6 Customize Theme & Create Pages, Part 1
2. Part 2 of Step 5 & 6 Customize Theme & Create Pages
3. Step 7 – Insert Content
4. Step 8 – Install Plugins, Part 1
5. Part 2 of Step 8 – Install Plugins
6. Website Finishing Touches

Unit 2: Prospect Follow-Up System

This unit of the Tax Business Launch course is made up of two modules:

• Get Ready, Set
• Go!

Module 1: Get Ready, Set

1. Overview of the Follow-Up System
2. Gather Intel
3. Enter Intel

Module 2: Go!

1. Prioritize & Follow-Up
2. Tools – Insightly & Mail Chimp

Unit 3: Email Outreach

Unit 3 Email Outreach is made up of two modules:

• Using Email Outreach
• Implementation

Module 1: Using Email Outreach

1. Email Outreach Introduction
2. What is Email Outreach?
3. The Sales Qualification Problem

Module 2: Implementation

1. Effective Email Outreach
2. Email Writing Tips

Unit 4: Referral Marketing

This unit of Tax Business Launch consists of two modules:

• Effective Referral Marketing
• Referral Marketing Resources

Module 1: Effective Referral Marketing

1. Truths About Referral Marketing
2. 4 Conditions
3. Value Journey
4. The Approach
5. Establish a Bond
6. Referral Partners
7. Follow Up System

Module 2: Referral Marketing Resources

1. Referral Marketing Kit
2. Referral Partner Avatar

Unit 5: Linkedin

The Linkedin unit of Tax Business Launch has two modules:

• Linkedin Basics
• Linkedin Marketing

Module 1: Linkedin Basics

1. Linkedin Introduction
2. Your Linkedin Profile
3. Linkedin Best Practices

Module 2: Linkedin Marketing

1. Content & Engagement, Part 1
2. Content & Engagement, Part 2
3. Lead Generation, Part 1
4. Lead Generation, Part 2
5. Linkedin Membership Levels

Unit 6: Niches

In the Niches unit of Tax Business Launch it’s composed of three modules:

• Your Niche
• Avatars
• Celebration!

Module 1: Your Niche

1. Own Your Niche
2. A Brief Explanation
3. Niche Investigation
4. Before vs. After Grid

Module 2: Avatars

1. Client Avatar
2. Client Avatar – Sources of Information

Module 3: Celebration!

1. Marketing Wrap-Up

Unit 7: Content Marketing

This unit is made up of one module:

• Content Marketing Lessons

Module 1: Content Marketing Lessons

1. What is Content Marketing?
2. Traffic Perspective
3. Content Structure

Section 5: RESOURCES

The Resources section consists of two units:

• Checklists & Documents
• Tools and Tech

Unit 1: Checklists & Documents

This unit gives you access to a long list of checklists and documents you will need. These include:

Checklists

1. Link to Checklists Introduction Lesson
2. 1040 Checklists (Preparation and Due Diligence)
3. 1040 Schedule C Checklist (Preparation)
4. 1120S Checklists (Preparation and Due Diligence)
5. 1065 Checklists (Preparation and Due Diligence)
6. 1120 Checklists (Preparation and Due Diligence)

Documents

1. Tax Preparation Price Calculators
2. Sample Tax Preparation Engagement Letter
3. Sample Tax Preparation Engagement Letter (Entity Version)

Unit 2: Tools and Tech

The Tools and tech unit is composed of two modules:

• Technology
• Drake Tax Software Demo

Module 1: Technology

1. Tax Tools You Need to Succeed
2. My Tax Prep Office Walkthrough
3. Drake Tax Software Walkthrough

Module 2: Drake Tax Software Demo

1. Drake Tax Software 1040 Client & Income
2. Inside Drake Tax Software Schedule 1
3. Drake Tax Software Schedule C
4. Guide to Drake Tax Software Schedule C Auto Expenses
5. Drake Tax Software Schedule E Page 1
6. Inside Drake Tax Software Schedule E Page 2
7. Drake Tax Software Schedule 1 Wrap up
8. Inside Drake Tax Software Schedule 1 Adjustments
9. Drake Tax Software Schedule SE
10. Guide to Drake Tax Software Adjusted Gross Income
11. Drake Tax Software Schedule A
12. Tax Software Qualified Business Income Calculations
13. Guide to Drake Tax Software Tax Calculation
14. Drake Tax Software – Form 1116, Form 2441 & 8863
15. Guide to Drake Tax Software Schedule 4
16. Drake Tax Software Schedule 5 and Completion

Section 6: PRIOR YEARS

The prior years section is made up of one unit called 2017 Tax Skills.

Unit 1: 2017 Tax Skills

This unit has eleven modules so is quite extensive:

• Compliance
• The 1040
• 1040 Schedule C & SE
• 1040 Exercises
• Depreciation & Amortization
• 1040 Schedule E
• 1040 Schedule F
• 1120S
• 1065
• 1120
• Engagement Flow

Module 1: Compliance

1. Compliance Module Slides
2. Get Your PTIN
3. Get Your EFIN
4. Online Field Trip to IRS.gov
5. Circular 230 & Ethics
6. U.S. Tax Laws & Regulations
7. Bird’s Eye View of Taxes

Module 2: 1040

1. Adjustments – Health Savings Accounts
2. Guide to Adjustments – Moving Expenses
3. Adjustments – Penalty on Early Withdrawal of Savings
4. Guide to Adjustments – Alimony Paid
5. Adjustments – IRA Deduction
6. Guide to Adjustments – Student Loan Interest
7. Adjustments – Tuition & Fees Deduction
8. Adjustments – Arriving at Adjusted Gross Income (AGI)
9. Guide to Standard vs. Itemized Deductions
10. Itemized Deductions – Schedule A Introduction
11. Guide to Itemized Deductions – Medical & Dental Expenses, Part 1
12. Itemized Deductions – Medical & Dental Expenses, Part 2
13. Itemized Deductions – Taxes Paid
14. Guide to Itemized Deductions – Mortgage Interest Paid
15. Itemized Deductions – Investment Interest & Form 4952
16. Guide to Itemized Deductions – Gifts to Charity, Part 1
17. Itemized Deductions – Gifts to Charity, Part 2 – Form 8283
18. Guide to Itemized Deductions – Casualty or Theft Losses
19. Itemized Deductions – Job Expenses & Certain Misc. Deductions
20. Itemized Deductions – Other Misc. Deductions & Wrap Up
21. Exemptions Calculation
22. Taxable Income
23. Tax Calculation
24. Tax Research Project, Part 1
25. Part 2 of Tax Research Project
26. Alternative Minimum Tax & Excess Credit Repayment
27. Non-Refundable vs. Refundable Tax Credits
28. Foreign Tax Credit
29. Credit for Child & Dependent Care Expenses
30. Guide to Education Credits, Part 1
31. Education Credits, Part 2
32. Child Tax Credit & Credit Wrap Up
33. Unreported Social Security & Medicare Taxes
34. Additional Tax on IRAs and Other Plans
35. Household Employment Taxes
36. Health Care – Individual Responsibility, Part 1
37. Health Care – Individual Responsibility, Part 2
38. Other Taxes – Form 8959
39. Part 1 Other Taxes – Form 8960
40. Other Taxes – Form 8960, Part 2
41. Other Taxes – Other Taxes
42. Tax Payments – Tax Withheld
43. Tax Payments – Estimated Tax Payments
44. Refundable Credits – EIC
45. Additional Child Tax Refundable Credits
46. American Opportunity Refundable Credits
47. Refundable Credits – Net Premium Tax
48. Amount Paid Request for Extension to File
49. Tax Payments – Excess Social Security
50. Tax Payments Wrap Up

Module 3: 1040 Schedule C & SE

1. 1040 Schedule C & SE Module Slides & Checklist
2. Using Schedule C – Introduction, Part 1
3. Guide to Schedule C – Introduction, Part 2
4. Guide to Schedule C – Accounting Method
5. Schedule C – Materially Participate
6. Schedule C – Income
7. Guide to Schedule C – Cost of Goods Sold
8. Schedule C – Expenses
9. Schedule C – Car & Truck Expenses, Part 1
10. Part 2 of Schedule C – Car & Truck Expenses
11. Schedule C – Employee Benefit Programs
12. Guide to Schedule C – Pension & Profit Sharing
13. Schedule C – Repairs & Maintenance
14. Schedule C – Travel, Meals & Entertainment, Part 1
15. Part 2 of Schedule C – Travel, Meals & Entertainment
16. Schedule C – Business Use of Home, Part 1
17. Part 2 of Schedule C – Business Use of Home
18. The Schedule C – Recap & Wrap Up
19. Schedule C – Exercise Introduction
20. Schedule C – Exercise Solution
21. Guide to Schedule SE – Introduction
22. Using Schedule SE – Exercises & Assignment
23. Schedule SE – Solutions
24. Guide to Adjustments – Self Employed, SEP, Retirement Plan Intro
25. Adjustments – Self Employed, SEP, Retirement Plan Forms
26. Self Employed Health Insurance Adjustments

Module 4: 1040 Exercises

1. Introduction to 1040 Exercises L1
2. 1040 Exercises L1 – Solution to Exemptions
3. 1040 Exercises L1 – Solution to Income
4. L1 – Solution to Adjustments & AGI – 1040 Exercises
5. 1040 Exercises L1 – Solution to Deductions, Exemptions & Taxable Income
6. Solution to Tax & Tax Credits – 1040 Exercises L1
7. 1040 Exercises L1 – Solution to Other Taxes, Payments & Wrap Up

Module 5: Depreciation & Amortization

1. Depreciation & Amortization Module Slides
2. Guide to Depreciation & Amortization – Overview
3. Depreciation – Method & Recovery Period
4. Guide to – Pub. 946 – Overview
5. Depreciation – Pub. 946 – Section 179, Part 1
6. Part 2 of Depreciation – Pub. 946 – Section 179
7. Part 3 of Depreciation – Pub. 946 – Section 179, Part 3
8. Depreciation – Pub. 946 – Special Allowance
9. Guide to Depreciation – Pub. 946 – MACRS, Part 1
10. Part 2 of Depreciation – Pub. 946 – MACRS
11. Depreciation – Pub. 946 – Listed Property
12. Amortization – Pub. 946
13. Depreciation – IRS Form 4562 Introduction
14. Depreciation Exercise 1
15. Tangible Property Safe Harbor Regulations

Module 6: 1040 Schedule E

1. Schedule E Module Slides
2. Guide to Schedule E – Introduction
3. Schedule E – Form Introduction
4. Schedule E – Exercise, Part 1
5. Part 2 of Schedule E – Exercise
6. Schedule E – Exercise, Part 3
7. Guide to Schedule E – Vacation Homes
8. Schedule E – Passive Loss Rules

Module 7: 1040 Schedule F

1. Schedule F Module Slides
2. Guide to Schedule F – Introduction
3. Schedule F – Form & Exercise, Part 1
4. Part 2 of Schedule F – Form & Exercise
5. Schedule F – Publication 225

Module 8: 1120S

1. 1120S Module Slides & Checklists
2. Form 1120S – Introduction
3. Guide to 1120S – Eligibility & Election
4. Form 1120S – Outline
5. Guide to 1120S – Income, Deductions, Taxes & Payments
6. Form 1120S – Schedule B
7. Guide to Form 1120S – Schedule K
8. Form 1120S – Schedule L
9. Guide to Form 1120S – Schedule M-1
10. Form 1120S – Schedule M-2
11. Exercise 1 – Introduction
12. Schedule L Assets Exercise 1
13. Exercise 1 – Liabilities & Equity
14. Income & Deductions Exercise 1
15. Exercise 1 – Schedule M-1 & M-2
16. Exercise 1- Schedules K, B & Wrap Up
17. Form 1125 – A Cost of Goods Sold
18. Form 1125 – E Compensation of Officers
19. 1120S – Reasonable Compensation
20. Form 8825 Rental Real Estate
21. Schedule K Income Items
22. Guide to Schedule K Deduction Items
23. Schedule K Credits & Foreign Transactions
24. Schedule K AMT, Basis, Other
25. Exercise 2 – Introduction
26. Basics & BOY Balance – Exercise 2
27. Exercise 2 – Schedule B
28. Schedule L EOY – Exercise 2
29. Exercise 2 – Schedule L Solved
30. Income, 1125-A – Exercise 2
31. Exercise 2 – Income Solved
32. Deductions Setup – Exercise 2
33. Exercise 2 – Deductions Solved
34. Form 8825 Setup – Exercise 2
35. Exercise 2 – 8825 Solved
36. Schedule K Setup – Exercise 2
37. Exercise 2 – Schedule K Solved
38. Net Income Per Books – Exercise 2
39. Exercise 2 – Schedule M-1
40. Exercise 2 – Schedule M-2 & L Wrap Up
41. Schedule K-1 – Exercise 2
42. Exercise 2 – Wrap Up
43. Credit for Fuel Tax – Form 4136
44. Depreciation – Introduction
45. Guide to Depreciation – Section 179 Property
46. Depreciation – Section 179 Limits
47. Guide to Depreciation – Section 179 Election
48. Section 179 – Exercise, Part 1
49. Part 2 of Section 179 – Exercise
50. Section 179 – Exercise, Part 3
51. Special Depreciation Allowance
52. Form 4562 – Special Depreciation
53. Stock & Debt Basis, Part 1
54. Stock & Debt Basis, Part 2
55. Shareholder Health Insurance

Module 9: 1065

1. 1065 Module Slides & Checklists
2. Guide to Form 1065 – Introduction
3. Form 1065 – Instructions
4. Guide to 1065 – Structure
5. Form 1065 – Basics
6. Guide to Form 1065 – Schedule L, BOY
7. Form 1065 – Schedule L, BOY Solved
8. Guide to 1065 – Schedule L, EOY
9. Form 1065 – Schedule L, EOY Solved
10. Form 1065 – Schedules M-1 & M-2
11. Guide to Form 1065 – Income & Deductions
12. Form 1065 – Income Solved
13. Guide to Form 1065 – Deductions Solved
14. Guide to Form 1065 – Schedule B
15. Form 1065 – Schedule K Introduction
16. Guide to 1065 – Schedule K Solved
17. Form 1065 – Schedules M-1 & M-2 Solved
18. Guide to Form 1065 – Schedule K-1 Introduction
19. Form 1065 – Schedule K-1 Solution
20. Depreciation Columbo Exercise Part 1
21. Part 2 of Depreciation Columbo Exercise
22. Depreciation Columbo Exercise Part 3
23. Part 4 of Columbo Exercise
24. Guide to Amortization – Startup Costs
25. Amortization – Organizing Costs
26. Amortization – How To
27. Guide to Amortization – Section 197 Intangibles

Module 10: 1120

1. 1120 Module Slides & Checklists
2. Guide to Form 1120 – Introduction
3. Form 1120 – Outline
4. Form 1120 – Resources
5. Guide to Form 1120 – Schedule C
6. Form 1120 – Schedule J
7. Guide to Form 1120 – Schedule K
8. Form 1120 – Schedule L
9. Guide to Form 1120 – Schedules M-1 & M-2
10. Form 1120 – Exercise – Introduction
11. Basic Information Form 1120 – Exercise
12. Form 1120 – Exercise – Schedule L BOY
13. Schedule L EOY Form 1120 – Exercise
14. Form 1120 – Exercise – Schedule K
15. Income Form 1120 – Exercise
16. Form 1120 – Exercise – Deductions & Taxable Income
17. Tax Calculation Form 1120 – Exercise
18. Form 1120 – Exercise – M-1, M-2, L & Wrap Up
19. Guide to Form 1120 – Personal Holding Company, Personal Service Corp.
20. Form 1120 – Alternative Minimum Tax
21. Guide to Form 1120 – Tax Credits
22. Form 1120 – Tax Estimates
23. Guide to Form 1120 – Form 5472
24. Form 1120 – Specialty Entities
25. Exercise 2 – Introduction
26. Exercise 2 – Solution

Module 11: Engagement Flow

1. Engagement Flow Module Slides
2. Tax Flow Overview
3. Consultation, Part 1
4. Consultation, Part 2
5. Tax Preparation Pricing Overview
6. 1040 Pricing
7. Entity Pricing
8. Pricing Bundled Services
9. Engagement Letter – 1040
10. Engagement Letter – Entities
11. Intake
12. Tax Return Delivery & Exit Consult
13. Survey, Follow-Up & Planning
14. Electronic Filing Overview
15. Publication 1345 – Must Read
16. Guide to Publication 1345 – ERO
17. Publication 1345 – ERO Duties
18. Guide to Publication 1345 – Transmission
19. Publication 1345 – Rules & Requirements

What Are Others Saying About Tax Business Launch

Since Tax Business Launch is very new, there is not much information to be found from other people. There are only a few places that have posted a Tax Business Launch review.

What we do know is that since the creator of this course is Ben Robinson who is the brains behind the very popular Bookkeeper Business Launch, you can be sure that you’re dealing with a reputable company.

Conclusion: Tax Business Launch Review Verdict

As you can see from our comprehensive Tax Business Launch review, this is one of the most detailed tax courses you will ever find. Everything you need to become a tax professional is included.

So our Tax Business Launch review verdict is that we highly recommend this program.

If you’re looking to learn how to become a tax preparer or a tax professional, then Tax Business Launch may be the perfect program for you.

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