How to learn US Taxation for free?

Guide to Learning US Taxation for Free

Hello everyone,

I’m an accountant on the lookout for resources to learn about US taxation without spending any money. Are there any software tools or websites you would recommend for this purpose?

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  1. Certainly! Learning US taxation can be complex given the frequent updates to tax laws, but there are several free resources that you, as an accountant, can use to enhance your understanding. Here’s a guide to getting started with some recommended platforms and methods:

    1. Internal Revenue Service (IRS) Resources

    The IRS provides a wealth of information and tools to help individuals and professionals stay up-to-date with tax laws.

    • IRS Website: Access a comprehensive database of tax information, forms, and publications. The site offers a variety of guides which explain tax rules in detail.
    • Online Learning Portal: The IRS offers free online training sessions and webinars on various aspects of tax law. Take advantage of their Small Business and Self-Employed Tax Center for more focused training.

    2. Coursera and edX

    These platforms offer free courses from top universities about US taxation and related financial topics.

    • Coursera: Look for courses related to finance or business where taxation is covered as part of broader coursework. While these courses can be audited for free, there may be a fee for certification.
    • edX: Offers similar courses, often from prestigious institutions, and can be audited for free.

    3. YouTube Channels

    There are experienced tax professionals who run educational YouTube channels.

    • ClearValue Tax: Offers practical updates and explanations on tax changes and filing procedures.
    • IRS Videos: The official IRS YouTube channel is a great resource for instructional videos and updates.

    4. Library Resources and Books

    Many public libraries offer free access to an extensive range of books and journals on taxation.

    • Online Library Services: Use online databases like JSTOR or access tax-specific materials from library eBooks and digital resources.

    5. Professional Organizations and Forums

    Joining professional accounts and forums can offer networking opportunities and access to peer advice.

    • Reddit Communities: Subreddits like r/tax and r/Accounting are great places to ask questions and see discussions about current tax issues.
    • LinkedIn Groups: Consider joining tax professional groups that often share articles, webinars, and updates on tax laws.

    6. Google Scholar and Online Journals

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