Professional Test Preparation   

Individual Taxation and Ethics (Part 1) An in-depth analysis of the rules and regulations governing the preparation of individual income taxes. It includes: sources of income; allocation of income; adjustments and deductions; credits; and alternative minimum tax. Practice and procedures are discussed, including a complete discussion regarding the representation of a client before the Internal Revenue Service. Prerequisite: CFM 46 or equivalent tax preparation course or experience. Business Taxation (Part 2) This course includes an in-depth analysis of business and wealth transfer taxes. Topics include: the rules and regulations concerning the taxation of business entities, i.e., individual proprietorships, partnerships and corporations; and wealth transfer taxes on gifts, estates and trusts. The course also covers the qualifications and filing requirements of exempt organizations. Prerequisite: CFM 46 or equivalent tax preparation course or experience. May be taken before ENR100/1.

The Real Estate Salesperson’s Course is a N.Y. State-approved course for individuals who are preparing to sit for the real estate salesperson’s licensing examination. RES 33 meets the new 75-hour requirement for the salesperson’s license. In order to satisfactorily complete this course, students are required to attend a minimum of 90 percent (67.5 hours) of classroom instruction, exclusive of sessions devoted to review and/or examination and must pass the final examination. Topics include: license law and regulations; law of agency; real estate instruments; estates and interests; real estate financing; land use regulations; introduction to construction; valuation; human rights and fair housing; environmental issues and real estate mathematics. Required textbook: New York Real Estate for Salespersons 6th edition by Marcia Darvin Spada, OnCourse Learning, ISBN-13: 978-1629800257 or ISBN-10: 1629800252, must be brought to first class.