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Introduction to Personal and Corporate Taxes Free Course

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  • Description
  • Outcome
  • Certification
  • There is an old saying that the two certainties in life are death and taxes. In this free online course aspects of personal taxation and corporate taxation are reviewed with an emphasis on the US taxation system.

    In this course you will learn how to calculate tax rates on personal income and what the difference between tax deductions and tax credits is. You will also learn about estate tax and how it is calculated and how to calculate both federal and state taxes. You will also learn how the taxation system affects limited liability corporations.

    This course will be of great interest to all learners who would like more information about how the taxation system can affect both the private individual and corporations and businesses.

  • Having completed this course the learner will be able to:
    - Describe the basics of US income tax rate schedule;
    - Describe the alternative minimum tax;
    - Describe the basics of estate tax;
    - Calculate federal taxes;
    - Calculate state taxes;
    - Describe limited liability as applied to corporations.

  • All Alison courses are free to study. To successfully complete a course you must score 80% or higher in each course assessments. Upon successful completion of a course, you can choose to make your achievement formal by purchasing an official Alison Diploma, Certificate or PDF.

    Having an official Alison document is a great way to share your success. Plus it’s:

    • Ideal for including in CVs, job applications and portfolios
    • An indication of your ability to learn and achieve high results
    • An incentive to continue to empower yourself through learning
    • A tangible way of supporting the Alison mission to empower people everywhere through education.

Modules List( 2 )
  • INTRODUCTION TO PERSONAL AND CORPORATE TAXES
  • Module 1: Introduction to the Personal and Corporate Taxes
    • US Taxation System - Learning Outcomes
    • Basics of US Income Tax Rate Schedule
    • Introduction to Tax Deductions
    • Alternative Minimum Tax - Part 1
    • Alternative Minimum Tax - Part 2
    • Introduction to Estate Tax
    • Tax Brackets and Progressive Taxation
    • Calculating Federal Taxes and Take Home Pay
    • Calculating State Taxes and Take Home Pay
    • Marriage Penalty
    • Marriage Taxes - Clarification
    • Corporations and Limited Liability
    • Is Limited Liability or Double Taxation Fair?
    • Transfer Pricing and Tax Havens
    • Lesson Summary
  • END OF COURSE ASSESSMENT
  • Module 2: Personal and Corporate Taxation Assessment
    • Personal and Corporate Taxes Assessment
Topics List ( 1 )
Module 2: Personal and Corporate Taxation Assessment
You must score 80% or more to pass this assessment.
Course Features
  • Duration

    1-2 Hours

  • Publisher

    Khan Academy

  • Video

    Yes

  • Audio

    Yes

  • Assessment

    Yes

  • Certification

    Yes

  • Price

    Free

  • Reward

    50 Pts

  • Responsive

    No

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