Monday, October 15, 2012

TOS Review - National Tax Training School


Have you ever wanted to prepare your own taxes? How about make some extra money from preparing taxes for other individuals? If so, I would recommend checking out National Tax Training School. NTTS has trained more than 40,000 students to become tax professionals. They are also the only nationally accredited correspondence school that specializes in tax training.


Not only that, but they also must go through the accreditation process every five years. To me it means this is a company you can trust.

For the purposes of this review I was given the opportunity to review Federal Income Tax Course through the TOS Review Crew for National Tax Training School. According to the website,"this is the most up-to-date tax preparation course available". Some items that make this program really stand out are:

  • Awesome Training Materials (binder, two books, software, and sample forms)
  • Real life case studies
  • Tax planning
  • Instruction from experienced instructors
  • Exams and grading
  • Post graduate benefits for 2 or 4 years
Currently they offer two payment options. The program including 4 years of graduate benefits is $795.00, while choosing two years of graduate benefits will be $595.00. Before you wonder, yes, they do offer payment plans.

PhotobucketSome individuals may also be interested in the fact that completing the Federal IncomeTax Course can count for college credits that can transfer to more than 1500 colleges.

When a student enrolls in the program they will receive a plethora of materials dealing with all matters to become a tax professional. Here is what a student will receive:
  1. Complete Text Material - 20 assignments that walk you through the whole tax filing process for individuals and small businesses.
  2. Self Check Practice Problems - each assignment is followed by a self test with answers.
  3. Examination Problems - after taking the self test you will then take the exam and mail it in to be graded.
  4. Instruction and Grading Service
  5. Practical Case Studies
  6. Student Guidance Service
  7. Building and Operating a Successful Tax Practice Book
  8. Reference Book
  9. Graduation Certificate
  10. Post Graduate Services

This is an incredible amount of material. Anyone out there that might be looking to change or start a new career can really get a lot of bang for their buck with this program. Everything a person would need to start their own business. NTTS states this program can be finished in 8-10 weeks, but the student is allowed up to a year to finish the program. After completing the course the student will still need to take the IRS Tax Preparer Exam to prepare taxes for others or to open up a tax business.

New Information from National Tax Training School

NTTS is launching this entire course online. Currently lessons 1-10 are available. In the future they hope to add audio and video lectures as well as discussion forums. So far I found the navigation of the website easy and user friendly. I am very much looking forward to lectures, so that I will better understand all the tax information and concepts.

Why I Wanted This Review and What I Thought

I applied for this review because knowledge is power. For 26 years a professional tax preparer has prepared our taxes. With the knowledge I gain from this program I can prepare our own taxes. Currently I am a co-director of an educational cooperative and it will be handy to have this tax information for future use. When I received the binder in the mail I was impressed with the material. Then a couple of weeks later I received four more items and thought this is great. Once I started reading, it became a bit overwhelming. Definitely material that should be taken one bite at a time. The tax language at times was over my head and I had to read segments over and over to gain understanding. To be honest this is the first class I have undertaken that a grade would be attached to since college. That in itself had me feeling some pressure. I received my first grade back with a B plus and felt good about that. NTTS reportts that they grade the test the same day they receive it to get it back to you in a timely fashion. I have found this to be the case. Eight - 10 weeks to finish the program would be tough for "me", but others that can devote a few hours each day could do it in that time frame. When I reached assignment 7 I became frustrated and decided to take a break from the program. A few days later I received my scores for assignments 2-5 and actually got good grades. This encouraged me to go ahead and finish the program. I have the remainder of a year to finish it and will take my time. So far the program has taught me so much I had not idea about in the tax world. So far I have learned that I can do my own taxes and feel confidant that I did them correctly. Getting into the tax business could not be easier with using all the materials and guidance you will receive from National Tax Training School. I highly recommend them.

Please take a few moments and peruse National Tax Training School to see if this is something that could benefit you.

To view what other TOS Reviewers think about National Tax Training School go to TOS Review Crew.

Disclaimer:  As a member of the TOS Review Crew, I received this product at no cost to me in exchange for my honest review. All opinions are mine.



North Laurel said...

Great review! I am using this as well and am really enjoying it. You've pointed out some good aspects of this course.

Edith Canon said...

"Thanks for sharing! I'd like to learn about preparing taxes for others. Another good part time job to earn extra income!"

jelly andrews said...

Impressive review! This is really interesting. Thanks for sharing this information. It is really a good thing that you know something about taxation.