1040 Preparation and Planning Guide provides an easy-to-follow text on individual tax preparation and a CPE Course integrated into that text. The purpose of this product is to bring the tax preparer “up-to-speed” in the most efficient way possible for the upcoming tax preparation season. Changes affecting key areas like tax rates and refunds, IRAs, education tax incentives, treatment of dividends, adoption expenses, child care credit, and dozens of other "bread and butter" areas are highlighted and explained throughout the text. New complicated provisions are presented in more detail, so preparers can readily see and understand them in the context of the 1040 form itself. 1040 Preparation and Planning Guide offers quick answers and hands on help for tax return preparation. Quizzer Module 4 explains the computation of the alternative minimum tax, self-employment tax, and the kiddie tax; discusses special tax situations, such as tax estimates, tax accounting, the rules for retirement plans for the self-employed, and the concept of individual retirement accounts; and covers tax practice issues such as filing amended returns and dealing with the IRS.