CFP Certification Courses, Northwestern University School of Professional Studies - Northwestern School of Professional Studies

Program Courses

PDP courses are offered online, remotely, and on-campus. Please refer to the Schedule Notes for course delivery information.

IMPORTANT: The registration process for all professional development courses requires you to register for your course and update your emergency contact information in CAESAR, Northwestern University's Student Enterprise System.

TECHNOLOGY REQUIREMENT*:

Registering for multi-factor authentication (MFA) is a mandatory, integrated step to access Northwestern University systems. Northwestern uses the DUO Mobile smartphone application for multi-factor authentication. Steps to install the DUO Mobile App can be found here. Once you have completed the MFA registration process, you will have access to systems like CAESAR and CANVAS, Northwestern’s Learning Management System.

*It is a student’s responsibility to ensure access to Northwestern systems after registering for a PDP course. If you do not have a smartphone capable of downloading and using the DUO Mobile app, you may want to consider a YubiKey that can be purchased from several online retailers.

Please contact pdp@northwestern.edu with any questions.

FN_EXTND 313-0 : Income Tax Planning

Description

This course provides an overview of the federal income tax system, examining the income taxation of individuals, sole proprietorships, partnerships, LLCs and corporations. Students will begin with taxation terminology and then learn about the concepts of gross income and deductions for profit-making activities, personal deductions and tax planning for the family, tax benefits of home ownership, planning for the acquisition and deposition of other real estate, and how the choice of business entity affects the taxes of owners and employees. The course will focus on how financial planners advise clients about the most effective methods of maximizing wealth by reducing their tax burden through an examination of a variety of tax issues-including tax law, accounting methods, tax planning related to employee compensation, research and practitioner concerns, cost-recovery methods, consequences of like-kind exchanges and tax-advantage investments. Alternative minimum tax (AMT), self-employment tax, ethical considerations, potential traps and pitfalls, and the consequences and effects of IRS audits and enforcement activities also will be discussed. This course is offered during the fall and spring terms.

Registered students can access their online course site here. An activated NetID and password is required for login. *Please note: It may take up to 24-hours for registered students to be added to the online course platform.