Federal Tax Preparer Continuing Education
The Annual Filing Season Program (AFSP) is an optional IRS program that provides you with the certification that shows your clients that you are a true and reliable professional tax preparer.
The AFSP certification provides you with continued training on the ever changing tax law, the right to represent your clients in certain matters before the IRS, and a listing on the IRS website as a certified tax preparer.
Anyone participating in the IRS's Annual Filing Season Program (AFSP) is required to obtain continuing education to maintain their Record of Completion. We are an IRS Approved Continuing Education Provider and we are here to help you complete this requirement.
We will report your PTIN to the IRS within 5 business days of your course completion.
18 Hour AFSP Package for 2019
This package contains 18 hours of continuing education content for tax preparers who are participants in the 2020 Annual Filing Season Program, and are not AFTR exempt. To fulfill your requirements to renew your license, this package includes the following necessary material:
- 10 hours of Federal Tax Law
- 2 hour of Ethics, and
- 6 hours of Annual Federal Tax Refresher content.
All of these classes work together to give you the complete training you need to renew your license.
Ethics for Tax Preparers
This course will satisfy the required 2 hours of Ethics for Tax Preparers and will cover the basic concepts of ethics for professional tax preparers.
AFSP 15 Hour (Credentialed) Tax Preparer CE
This course will prepare credentialed tax preparers for the 2020 tax season (2019 tax year). Credentialed individuals such as licensed attorneys and CPAs, who are AFTR exempt, may take this course to begin or continue participation in the Annual Filing Season Program (AFSP).
In this course package, we'll cover:
- Gross income
- Taxation of rental income and expenses
- Schedules C, F, J, and SE
- Other taxes and payments
- Ethics for tax professionals
2020 Annual Federal Tax Refresher Course
This 6 hour course was designed with the tax preparer in mind, and contains all of the required training topics for renewing your professional licensing. The course will cover three topic areas:
- New Tax Law and Recent Updates
- General Review
- Practices, Procedures, and Professional Responsibility
Each of these required topics work together to give you all of the training you need to renew your license.
Standard and Itemized Deductions
This course will cover the Internal Revenue Service's Standard and Itemized Deductions. While most taxpayers claim the standard deduction, some taxpayers will lower their tax bill by claiming itemized deductions. This course teaches you how to make this determination for your client.
Personal and Dependent Exemptions
This course will cover the Internal Revenue Service's Personal Exemptions and Dependents. We will cover the two different types of exemptions, personal and dependents, as well as deductions, and cover IRS suggested interview tips for tax preparers.
Supplemental Gains and Losses
This course will cover the IRS' Supplemental Gains and Losses which include the federal tax laws that apply to small business owners who are sole proprietors and to statutory employees, along with the information necessary to understand business income, expenses, and tax credits which will help tax preparers best serve their clients.
Taxation of Rental Income and Expenses and Retirement Funds
This course will cover the Taxation of Rental Income and Expenses and Retirement Funds for the Internal Revenue Service. We will go over how taxpayers report rental income, expenses, and retirement funds, as well as income and expenses arising from rental properties, and how to report funds from retirement plans, pensions, annuities, and other similar arrangements.
Federal Filing Status
This course will cover the Internal Revenue Service's Federal Filing Status which are filing single, married filing jointly, married filing separately, filing as head of household, and filing as a qualifying widow or widower.
This course will cover one of the core components of calculating a tax return for a client, the matter of gross income as defined by the Internal Revenue Service, and some of the key definitions and areas of a client's income that will be taxed.
Federal Filing Requirements and Federal Filing Dates
This course will cover the Internal Revenue Service's Federal Filing Requirements/Federal Filing Dates. The topics start with the basics of preparing a tax return, who must file and different filing status', as well as what forms and electronic filing options are available, alternative filing deadlines and extensions, and refunds and penalties.
Ethics in the Age of TCJA
This course will satisfy the 2 hours of ethics required and provides an overview of the principles of personal and professional ethics and their relevance to tax preparation and advisement for clients. We will review tax code changes due to the 2017 Tax Cuts and Jobs Act, as well as how to identify and reduce an individual?s risk of becoming a victim of tax scams or identity theft.
What Are The Continuing Education Requirements for the Annual Filing Season Program (AFSP)?
Credentialed or Exempt Individuals are required to obtain 15 hours of CE, including:
- 2 Hours of Ethics
- 3 Hours of Tax Law Update
- 10 Hours of Federal Tax Law
Non-exempt or non-credentialed tax preparers are required to obtain 18 hours of CE, including:
- The 6 Hour Annual Federal Tax Refresher (AFTR)
- 2 Hours of Ethics
- 10 Hours of Federal Tax Law