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Course Title
CFP - Income Tax Planning


Examine the federal income tax system and how it relates to individuals and their financial planning. Discover how various incomes, deductions, tax credits, capital gains and losses, life insurance and annuities, and taxation of business entities can all affect your client's portfolio.


Upon completion, students will be able to apply the fundamentals of income taxation in the best interest of the client.


  1. Functions of the Tax System-Legislative, Executive, and Judicial
  2. Determination of Income Tax Liability
  3. Gross Income:  Inclusions
  4. Gross Income:  Exclusions
  5. Itemized Deductions
  6. Cost Recovery Deductions

Method of Instruction



Final Examination-There will be a final exam at the conclusion of each module.  A minimum grade of 75% must be earned on all exams that are administered as part of the program.  Students scoring 60% or higher on a final exam will be allowed one opportunity to retake the exam in an attempt to achieve a passing grade for that course module.  Students who score below 60% on a final exam are required to resit the module the next time it is offered.