Provides the learner with pre-professional and practical business experiences through providing free tax preparation service to the community by applying individual income tax knowledge. Incorporates the learner with activities that include, but not limited to; accepting responsibility, decision making, community awareness, personalized learning experiences, and developing a professional network. Additional skills such as obtaining business technologies, engaging in collaborative cross functional work, determining the importance of success skills, and professional growth will be developed.

Introduces accounting concepts and financial statements for sole proprietorships. Learners analyze and record routine transactions, adjusting entries, and closing entries. Learners prepare the Income Statement, Statement of Owner's Equity, and the Balance Sheet from the financial records they create for service and merchandising businesses. Covers accounting for sales, inventory, cash, and receivables.

Introduces the Federal and Wisconsin Income Tax laws by preparing tax returns and researching tax issues related to personal and business returns. Explores taxable and non-taxable income, filing status, dependent/exemptions deductions, adjustments to income, and various credits that can offset tax liability.

Introduces various payroll laws, payroll accounting systems, and procedures. Emphasizes applying payroll laws and regulations, computing wages, salaries, and payroll tax liabilities, preparing payroll reports and maintaining payroll records. Learners prepare, W-2s, W-3s, Form 941, and Form 940. Demonstrates achievement by completing a comprehensive payroll project.

Introduces basic accounting concepts, set up and management of QuickBooks Online company files. The learner will navigate through the software by creating a new company, entering beginning balances, service and inventory items. Introduces adding new customers and vendors by entering and paying bills, writing checks, creating invoices and sales receipts. Demonstrates achievement by producing accurate reports.

Expands on the learners ability to manage a company chart of accounts, record purchases and process sales in QuickBooks Online. Learners will manage customer, vendor and employee records. Learners will expand upon their base knowledge of QuickBooks Online by performing investing, financing, payroll, budgeting and banking activities. The learner will enter adjusting entries, produce financial statements and other month-end reports. Through a full month simulation, the learner will check for reporting accuracy and correct common mistakes to ensure accurate financial reporting.