Advisory:ACCT 101
Transfers to: CSU

This course covers federal and California State income tax laws and preparation as they relate to individuals and small business entities. Emphasis is placed upon income inclusion, exclusion, exemptions, capital gains and losses, and business and individual deductions. Students who successfully complete the course with at least a “C” grade will be certified by the California Tax Education Council as fulfilling the state’s 60-hour qualifying education requirement (45 federal hours and 15 California hours) to become a registered tax preparer.

Advisory:ACCT 105
Transfers to:CSU

This is the first course in a sequence of two courses designed for students who want to be a part of the Volunteer Income Tax Assistance (VITA) program at Rio Hondo. The course covers federal and California tax theories and laws appropriate for the current tax year, and students apply their knowledge by taking the IRS exams for VITA volunteers. Upon successful completion of the IRS VITA Basic and Intermediate exams, students will be able to assist low-income individuals and families with tax return preparation through the VITA program for the current year.

Prerequisite: ACCT 108
Transfers to:CSU

This is the second course in a sequence of two courses designed for students who want to volunteer in the Volunteer Income Tax Assistance (VITA) program at Rio Hondo. This course will allow students who have successfully passed ACCT 108 to apply their tax knowledge by assisting low income individuals and families with tax return preparation through the VITA program for the current year. Students will learn to use the TaxWise software to accurately file individual federal and state income tax returns within the scope of the VITA program. Students will learn how to develop a system of quality control for actual taxpayer returns as well as develop their communication skills through interviews of taxpayers and explanation of tax return results.