Business Tax Verified: Version 2.0

The premier training solution for tax professionals seeking to feel comfortable and confident providing tax preparation and consulting to business tax clients. | Taught by Adam Shay, CPA, MBA

Interested in this course? Email us at support@prontotaxschool.com

Course description

The market for tax prep services aimed at W-2 workers is flatlined, and in danger of completely falling off a cliff.

President Trump has repeatedly stated that he wants to "put H&R Block® out of business" and the new Tax Reform Law does in fact simplify the tax code for W-2 workers to a very significant degree.

Meanwhile, the market for tax and accounting help aimed at self-employed / entrepreneur / small business owner clients is EXPLODING WITH OPPORTUNITIES:

  • By 2020, half of all American workers will be self-employed (Source: Forbes® Magazine)
  • 5,500 people per day join a network marketing home-based business opportunity (Source: Networking Times Magazine)
  • We will see 27 million new full-time self-employed people within the next two years (Freshbooks® Accounting Software Report)

This massive trend towards self-employment creates a massive opportunity for tax professionals who are prepared to capitalize...

The problem becomes: where do you get the training you need to feel truly comfortable and confident in working with business tax clients?

Thanks to the Business Tax Verified Training Program developed by CPA Adam Shay and Pronto Tax School Founder Andy Frye, the business tax training you need is now accessible to all tax pros!

In this program, you will learn:

  • How to achieve Schedule C Mastery
  • How to provide tax preparation and consulting services for C corporations
  • How to provide tax preparation and consulting services for S corporations
  • How to provide tax preparation and consulting services for LLCs

And much, much more.

In addition to the comprehensive training materials, you'll receive private access to Adam, Andy, and a community of over 200 Business Tax Verified Members who are working towards the same goal as you!

The Business Tax Verified Training Program with CPA Adam Shay gives all tax professionals a way to protect and grow your tax career by working confidently in the fastest-growing, healthiest segment of today's tax industry: business tax clients.

If you have questions to decide if this Program will help you reach your goals, please feel free to contact our Customer Support Team at (310) 422 - 1283.

Adam Shay, CPA, MBA
Adam Shay, CPA, MBA
CPA, MBA

Adam started his tax career as a seasonal tax preparer at a Jackson-Hewitt® franchise in Wilmington, North Carolina.

Within a few months, Adam was promoted to General Manager of the franchisee's six existing offices. Adam then helped the company expand from 6 to 11 office locations over the next five years.

During his time in the "retail" segment of the tax prep business, Adam trained hundreds of tax preparers and supervised the operations of the company out of the main office, processing thousands of tax returns every year.

In January of 2010, Adam struck out to start his own business and, in March of 2010, obtained his CPA license. Adam decided to focus on serving entrepreneurs and business owners and that focus continues today.

Adam Shay CPA, PLLC has now grown to become a premier tax and accounting firm in Southeastern North Carolina, employing a team of six CPAs and four support staff and earning widespread respect in the business community with his team's proactive, results-oriented approach.

Course Curriculum

C Corporations
152:46
S Corporations
254:13
S Corporations: Who You're Serving (PDF Textbook)
S Corporations: The Big Picture (PDF Textbook)
Segmenting Your Database for Business Opportunities (Video Training)
Top 3 Marketing Methods to Acquire Schedule C / Small S Corp Clients (Video Training)
"How Much Do You Charge?" (Video Training)
S Corporation Tax Savings Example (Video Training)
How To Identify Profitable Clients (Video Training)
Week #7 Live Training with Adam (Video Training)
S Corporations: Week #7 To Do Activity
S Corporations: Tools & Resources
S Corporations: The Mechanics (PDF Textbook)
Home Office Deduction for Corporation (Video Training)
Timing the S Corporation Election (Video Training)
Late S Corporation Election (Video Training)
Where to Put Distributions on Form 1120S (Video Training)
QuickBooks Handling of Retained Earnings (Video Training)
Estimated Tax Payments for S Corporation Shareholders (Video Training)
Week #8: Live Training with Adam (Video Training)
Week #8 To Do Activity
S Corporation Salary When Uneven Cash Flow (Video Training)
S Corporation Election Tips & Tricks (Video Training)
Network = Net Worth (Video Training)
Team Building 101 (Video Training)
Impact of Unexpected K-1 (Video Training)
Pass-Through Entity Loss Limitations (Video Training)
Prior Year Adjustment on Form 1120S Schedule M-2 (Video Training)
Tax Tips for Companies with $250K or More Net Profit (Video Training)
S Corporation IRS Red Flags (Video Training)
Dangers of Setting S Corporation Salary Too Low (Video Training)
S Corporation Practice Tax Return (PDF Source Documents)
S Corporation Practice Tax Return (Video Training)
S Corporations: Problems to Avoid (PDF)
S Corporations: Points of Value (PDF Textbook)
Week #9: Live Training with Adam (Video Training)
Week #9 To Do Activity

Reviews (6)

Business Tax Verified: Version 2.0

by LETICIA SANDOVAL
I am so great full for this course, every year during summer I look forward to taking my continued education course with Pronto Tax School. I learn so much, Andy makes it fun and I feel confident after I am done. This course however was just what I needed, It was very informative, it was great having Adam Shay with us and all of his experience with the C corp,S corp and LLC. The way both Adam and Andy worked on the tax returns live. I have been doing 1040s , Sch C and Sch E for 29 years , I recently started with S corp taxes, because my childhood friend from kindergarten, formed a corporation and need my help. She trusted me enough to work on corp taxes. That forced me to try something new. I noticed last year that there was a course offered in Schedule C Mastery, I didn't pay much attention to it. However I am happy that this year I did and invested for my continued education. I still have a long way to go but I am glad this course was available to me in the comfort of my own home office. I especially liked the live classes every Friday and the opportunity to participate. Thanks once again Andy and Adam you are great teachers .

Business Tax Verified: Version 2.0 review

by Deb Goldberg Gray
Adam and Andy make a great duo as they teach tax preparation for C-Corps, S-Corps and LLCs through 12 classes and innumerable supporting short videos and texts. I enjoyed the upbeat interactive style and the wry exploration of what could go wrong. Thanks especially to Adam for sharing the tools and strategies he's developed from years of experience with clients and tax preparation. This is not a cheap course -- I had to think hard before laying down my $1965 fee. That said, Andy and Adam talk a lot about delivering value and I do think I received good value from this class. The information was very complete and it comes with a nice classroom community. Thanks!

Very good class

by Darryl Atkin
The class was very good and detailed. I think the marketing side was a bit heavy and more actual hands on on doing corporate returns.
Read more

Business Tax Verified: Version 2.0

by LETICIA SANDOVAL
I am so great full for this course, every year during summer I look forward to taking my continued education course with Pronto Tax School. I learn so much, Andy makes it fun and I feel confident after I am done. This course however was just what I needed, It was very informative, it was great having Adam Shay with us and all of his experience with the C corp,S corp and LLC. The way both Adam and Andy worked on the tax returns live. I have been doing 1040s , Sch C and Sch E for 29 years , I recently started with S corp taxes, because my childhood friend from kindergarten, formed a corporation and need my help. She trusted me enough to work on corp taxes. That forced me to try something new. I noticed last year that there was a course offered in Schedule C Mastery, I didn't pay much attention to it. However I am happy that this year I did and invested for my continued education. I still have a long way to go but I am glad this course was available to me in the comfort of my own home office. I especially liked the live classes every Friday and the opportunity to participate. Thanks once again Andy and Adam you are great teachers .

Business Tax Verified: Version 2.0 review

by Deb Goldberg Gray
Adam and Andy make a great duo as they teach tax preparation for C-Corps, S-Corps and LLCs through 12 classes and innumerable supporting short videos and texts. I enjoyed the upbeat interactive style and the wry exploration of what could go wrong. Thanks especially to Adam for sharing the tools and strategies he's developed from years of experience with clients and tax preparation. This is not a cheap course -- I had to think hard before laying down my $1965 fee. That said, Andy and Adam talk a lot about delivering value and I do think I received good value from this class. The information was very complete and it comes with a nice classroom community. Thanks!

Very good class

by Darryl Atkin
The class was very good and detailed. I think the marketing side was a bit heavy and more actual hands on on doing corporate returns.

Gold Star Class

by Noretta Lenard
I have to give the course a gold star. I considered a lot of the information to be over my head but a hope to rise to the challenge. So, so much good information. I like to fact that I can always go back a review/re-read the different parts of the course and how information was so generously shared. I believe I can, with all the information given, do a business return other than a Schedule C. Pronto Tax you are awesome. Keep up the good work.

Learning the right way!

by Randall Rowley
I learn by example. This tax course provided not only the technical updates, but provided specific examples to enforce the concepts taught. Adam Shay worked through tax issues by using sample tax returns and providing specific examples. Al-in-all, a wonderful course!!

by Carol Hale
This BTV Course is everything I expected and needed especially for beginning Corp preparers like myself . I'm impressed with the way it was presented, easy to understand. Now I'm comfortable taking my business to the next level. Andy is very knowledgeable and teachable. Adam is an awesome mentor!