Taxes for Bookkeepers & Tax Preparers: An Introduction Looking to promote yourself within the CPA firm you work for or to sharpen your tax knowledge? CPA Kevin McAlarney will guide you through the most common individual tax forms along with reporting of taxable and tax free income, self-employed income, rental income, social security income, interest and dividend income, how to report capital gains and losses, itemized deductions, employee business expenses, deducting your vehicle for work, charitable donations, deducting IRA's, Roth IRA basic rules, filing status, claiming children, college tax credits, and how to compute depreciation deductions. Prerequisite:Bookkeeping and Accounting Part 1 or equivalent experience.

Bookkeeping and Accounting: Part 1 This introductory course provides a foundational understanding of bookkeeping and accounting, focusing on the complete accounting cycle. You will learn how to analyze and record financial transactions using debits, credits, and T accounts. Key topics include posting transactions to the journal and ledger, preparing trial balances, making necessary adjustments, and generating financial statements. By the end of the course, you will have a working knowledge of essential accounting principles and be able to accurately track financial activities for a business. Instructor-led virtual or in-person classes are available. Please refer to the schedule for more details. Course Requirements: 1. A calculator and ruler 2. Textbook: Please visit www.SHOPNSCC.com to order the required textbook. 3. Students must activate their MyNorthshore account prior to the first class.

Bookkeeping and Accounting: Part 2 Continue your exploration of bookkeeping and accounting with a deeper focus on key financial processes. Build upon the foundational concepts introduced in Bookkeeping and Accounting: Part 1 and focus on topics such as banking procedures, cash management, payroll systems, and payroll taxes. You will also gain practical experience in handling sales, cash receipts, credit transactions, and accounts receivable. Additionally, the course will cover purchasing procedures and accounts payable posting. Gain the essential tools for mastering the more complex aspects of the accounting cycle, preparing students for real-world applications in bookkeeping and accounting tasks. Instructor-led virtual or in-person classes are available. Please refer to the schedule for more details.Prerequisite : Bookkeeping and Accounting: Part 1 or equivalent experience. Course Requirements: 1. A calculator and ruler 2. Textbook (same as Bookkeeping & Accounting: Part 1. Please visit www.SHOPNSCC.com to order the textbook. 3. Students must activate their MyNorthshore account prior to the first class

Introduction to QuickBooks This introductory course provides hands-on experience with the latest version of QuickBooks, focusing on essential skills for managing small business finances. Topics include setting up and managing a chart of accounts, creating and maintaining vendor, item, and customer lists, recording cash sales, invoicing, managing payments and deposits, performing bank reconciliations, and processing bill payments. You will also learn to generate reports and create graphs to visualize financial data. This course is ideal for those aiming to build foundational QuickBooks skills for professional or personal bookkeeping needs. Prerequisite: Completion of Bookkeeping and Accounting: Part 1 or equivalent experience is required. Course Requirements: Basic computer and Windows knowledge is required. 2. Flash drive. 3. Textbook: Please visit www.SHOPNSCC.com to order the required textbook. 4. Students must activate their My Northshore account prior to the first class.

Quickbooks Payroll Enhance your QuickBooks expertise by mastering payroll management! This course covers essential payroll functions, including setting up payroll and employee accounts, distinguishing between employees and 1099 subcontractors, preparing W2s and year-end reports, and managing tax payments efficiently. Prerequisite: Completion of QuickBooks Level 1 or equivalent experience. Course Requirements: 1. Students must activate their My Northshore account prior to the first class. 2. Download and install QuickBooks software before the first class.

Audit Paper Trail: Best Practices for Financial Documentation This course provides a comprehensive guide to establishing and maintaining a solid audit paper trail. You will learn essential documentation techniques to support financial records, including income, expenses, and asset management. The course covers key topics such as understanding audit triggers, which explains who gets audited and why, and income documentation, which details the types and best practices for accurate reporting. You will also learn about record retention, including how long to keep financial records and documents, as well as efficient filing systems to help organize documents for quick access and compliance. Additionally, the course covers expense management, focusing on how to properly document business and office expenses, including those related to sub-contractors and fixed assets. It will also explore best practices for tracking income and expenses related to rental properties. The course will teach you how to develop internal procedures for a robust audit trail to ensure accuracy and accountability. By the end of this course, participants will have the skills to create and maintain a reliable audit trail, ensuring compliance and reducing audit risk.Course Requirements: Students must activate their My Northshore account prior to the first class.

QuickBooks Cloud: Level 2 This course is intended for learners who have foundational knowledge of QuickBooks Cloud and want to expand their skills in handling more complex accounting functions. It covers various advanced areas of QuickBooks, including reconciliations, credit card and liability management, class tracking, 1099 reporting, sales tax setup, and essential utilities like importing/exporting files and data backup options. You will also learn to manage budgets, create forecasts, and record journal entries for comprehensive financial tracking. By the end of the course, you will have confidence in using advanced QuickBooks tools for accurate financial management and reporting, enhancing their ability to support business decision-making. Prerequisite: Completion of QuickBooks Level 1 or equivalent experience. Course Requirements: 1. Flash Drive: Required for file storage and backup. 2. Textbook: Please visit www.SHOPNSCC.com to order the required textbook. 3. Students must activate their My Northshore account prior to the first class.