Tax Preparation and Law (Udemy.com)
Unlock Tax Filing Confidence with Practical Examples; Step-by-Step Instructions in this Comprehensive Income Tax Course
Created by: Robert (Bob) Steele
Last updated May 2026
What you will learn
- Analyze tax laws to accurately determine income tax obligations and compliance requirements.
- Apply tax formulas and calculations to calculate taxable income with precision and optimize deductions.
- Evaluate the impact of different filing statuses on tax liabilities and identify the most advantageous option.
- Assess various components of gross income for tax purposes, ensuring comprehensive and accurate reporting.
- Apply above-the-line deductions to adjust income effectively, maximizing tax benefits.
- Calculate and optimize itemized deductions, including mortgage interest, medical expenses, and charitable contributions.
- Understand self-employment tax reporting using Schedule C and utilize the 20% small business deduction effectively.
- Calculate capital gains and losses using Schedule D, considering applicable tax rates and holding periods.
How it compares
Against the other 200 rated Udemy courses in Accounting on CourseDuck:
- Rating4.1 out of 5higher than 4% of them
- Reviews3,497#16 of 201 by number of reviews
- Length193.6 hourslonger than 100% of them
- Last updatedMay 2026more recently than 82% of them
Course Description
Are you looking for a comprehensive income tax preparation course? Look no further! This course is your ultimate resource, providing you with presentations, downloadable PDF files, practice problems, and comprehensive step-by-step instructions.
As an updated course, current students will have access to all the latest information and updates for the tax seasons. We greatly value the feedback and support we've received from our colleagues and learners, which has helped us enhance the course content and make it even more valuable.
Starting with the basics, this course introduces the concept of income tax and tax law, explaining how it is formatted. Through practical examples and visuals, we break down the tax system, providing you with a clear understanding of each component. You'll have the opportunity to apply the concepts through practice problems that simulate real-world scenarios.
Step by step, we'll guide you through the process of filling out a tax form, helping you understand the tax formula. We'll delve into important topics like filing status, dependents, and their impact on the tax formula. Additionally, we'll cover what is included and not included in gross income, discussing the taxation implications for each category.
You'll also learn about adjustments for adjusted gross income (above the line deductions), exploring primary deduction categories and their calculations. Itemized deductions reported on Schedule A will be thoroughly discussed, providing practical examples to enhance your understanding.
For individuals with self-employment income, we'll cover the reporting of self-employment taxes using Schedule C. We'll address self-employment tax, including social security and Medicare, as well as the eligibility criteria for the 20% deduction available to many small businesses.
Calculating capital gains using Schedule D will be demystified through practical examples, ensuring you grasp the intricacies of this topic. Furthermore, we'll guide you through reporting rental property using Schedule E, offering examples to simplify the process.
The course also covers various tax credits, such as the child tax credit, earned income credit, and education credits. You'll gain a comprehensive understanding of each credit and explore practical examples.
Join us on this comprehensive journey to become proficient in income tax preparation. Enroll now and gain the knowledge and confidence needed to handle your taxes accurately and effectively.
Note: This course is designed for United States tax filers.
Instructor Details
- 4.1 Rating
3,497 Reviews
Robert (Bob) Steele
Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.
Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).
Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.
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Reviews
By Richard Marshall on 5/15/2024
Waste of money. To many graphics, people walking all over the screen, important information hard to see as it is mixed with other images, notes are obstructed by other images. In this case I would say less is more.
By DOROTHY AMAN on 12/23/2022
This course was awesome and full of great nuggets I have learned so much from taking these classes for tax laws to business and individual income taxes this is the total baggage to learn how to do taxes also my tax instructor, I felt like he did a superb job and implementing the courses he did a superb job Thank you very much for taking the time to do these courses am looking forward to the 2023 tax course when we do it all over again!
By Kiana Johnson-Valles on 11/26/2022
Very thorough especially with practice scenarios. The instructor is a bit corky and has a lot of gifs or just animations throughout the course. This is fun, though at times distracting. Also, just to avoid confusion, the course repeats every year. So, if you are looking to learn 2022 TY only, you don't need to really complete the rest of the course as it just repeats based off of each year's tax laws. There are (mostly) minor differences each year as far as taxes. It is nice to have access to previous years though. However, even within the one tax year (lets just use 2022 as an example), the instructor repeats himself A LOT. Depending on the type of learner you are, you may appreciate this, but for me this just seems disorganized. I feel if the instructor planned out each lecture and didn't exhaust so many points, the course would be majorly reduced in time. The amount of hours is a bit deceiving in my opinion. Overall, its less than 20 bucks. You might as well take it and just keep these things in mind.
By Harjinder Singh on 11/11/2021
It is really good course, lots of important important information, explained in very detail and professional manner. Learn so much and I highly recommend this course to whoever really want to understand our taxes.
By Karl Albert on 2/14/2021
It is very hard to follow; what is being read aloud versus what is on the written page is highly inconsistent. Words and numbers are continuously being misread, it's very distracting from the material, which in of itself is beneficial. This would be a much better course of Bob Steele just read what was on the page.
By Sharon Martin on 2/1/2021
The course study was great, In the end it got a little repetitive. but was a good reminder of following exercises. A lot of the information was old, 2017 and 2018, which was still informative. I really enjoyed the course and would definitely advise anyone with no prior knowledge to take this course. the Instructor Is Excellent! Thank You.
By Angela Marie Gleydura on 11/22/2020
I really like the no nonsense approach. I took a course years ago and it was just so time consuming and confusing at times...so far, so good!
By Kirk DiGiacomo on 11/15/2020
I do not know yet. Seems good so far.
By Kimberly Crossland on 11/15/2020
So far!
By Gabla Brownell on 11/15/2020
not only teaches the subject matter clearly but also prepares you to grasp the understanding which is important to becoming excellent at what you do.
By Jean Wildes on 11/15/2020
Not very interesting and not really learning much
By KinaMichelle on 11/8/2020
Desktop computer with search of video instruction would be helpful
Quality Score
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Overall Score : 82 / 100












