Tax day—April 18—is rapidly approaching! If you haven’t filed your returns yet, check out the Income Tax Fundamentals course on lynda.com to help get you started.
This two-and-a-half-hour introductory course is taught by accounting and finance professors Jim and Kay Stice and is appropriate for all knowledge levels. Before diving into the details of filing your tax return, you’ll learn a brief history of income taxes, as well as information on tax brackets, rates, deductions, and credits.
After taking the course, you’ll have a better understanding of the steps in filing both a personal and corporate tax return. You’ll also learn the basics of tax planning and how to avoid tax evasion schemes.
Keep in mind, this course isn’t a replacement for meeting with an accounting professional, but understanding these general concepts can help you prepare in advance.
Lynda.com also offers a host of other finance-focused tutorials, so be sure to check back often to see what’s new! Tackling taxes can be daunting, but soon you’ll be filing your return and collecting your refund in no time.