Course description
Annual Filing Season Program (AFSP) Non-Exempt Package - E-learning Course
Annual Filing Season Program (AFSP) Non-Exempt Package - E-learning CourseSet yourself apart from unqualified competitors and secure your representation rights!
An annual voluntary IRS training program, the IRS Annual Filing Season Program (AFSP) Non-Exmpt Package, is geared for return preparers. It is designed for return preparers who are non-credentialed, but who wish to achieve a higher level of professionalism.
The Annual Federal Tax Refresher (AFTR) course is for experienced tax return preparers. It does not teach the inexperienced tax preparer how to prepare income tax returns.You should consider the Comprehensive Tax Course if you want to become a tax preparer.
The 2017 Annual Filing Season Program (AFSP) Non-Exempt Package is an 18-Hour Bundle with AFTR Course that includes:
- 6 hour AFTR course
- Ethics
- Identity Theft
- Affordable Care Act
- You get to choose 2 remaining Federal Tax Law topics
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Upcoming start dates
Who should attend?
How to qualify for the Annual Filing Season Program (AFSP)
- Using an IRS Approved Provider, you need to complete 18 hours of continuing education (CE) by 31 December annually
- You must have an active PTIN
- Sign the consent form - IRS Circular 230
Are you exempt from the Annual Federal Tax Refresher (AFTR) course?
If you are a return preparer and you have completed one of the following state or national tests successfully, then you are exempt from taking the AFTR course with a comprehension test:
- Successful VITA program instructors and reviewers
- Registered Tax Return Preparers (RTRP)
- Part 1 of the Special Enrollment Exam during the 2 year eligibility window
- Accredited Tax Preparers through Accreditation Council for Accountancy / Taxation
- Oregon / California and other state-based return preparer testing programs
Credit hours required for unenrolled or non-credentialed / non-exempt return preparers who want an AFSP – Record of Completion:
- 18 hours of CE annually from an IRS Approved Provider that includes:
- 6 hour Annual Federal Tax Refresher (AFTR) with a comprehension test
- 2 hours of Ethics education
- 10 hours of Federal tax law topics
Participants must have a passing score of 12/31 every year in order for it to be accepted by the IRS.
The Income Tax School will provide support for this product and all other CE through 12/28 every year. It is recommended to complete this course before the 12/28 to ensure the following support:
- Instructor
- Technical
- Administrative
Training content
Course Description
- 6 hour AFTR course
- Prior tax preparation experience/knowledge is required
- Plus comprehension test (3-hr timed test) - 100 question
- Plus 12 hours of CE:
- Includes the following 6 hours of CE:
- 3 hours, Affordable Care Act
- 2 hours, Ethics
- 1 hour, Identity Theft
- Also includes 2 additional seminars, of your choice, that accounts for 6 hours of Federal tax law topics.
AFTR Course Topics Include
New Tax Law Updates/Most Recent Updates Available*
- Review of Tax Return Due Dates, Including Extensions
- Summary of the PATH Act of 2015 for Individuals
- Inflation Adjustments
- Increase in Repair Regulation Safe Harbor Amounts
General Review
- Filing Status
- Tax Related Identity Theft
- ITINs
- Dependency Exemptions
- Taxability of Income and Earnings
- Schedule B, Part III, Foreign Accounts and Trusts
- Taxable Refunds, Credits or Offsets of State and Local Taxes
- Unemployment Compensation
- Self-Employment
- Reporting and Taxability of Social Security Benefits
- IRAs, Pensions, Annuities and Penalties for Early Withdrawals
- Schedule D and Form 8949, Capital Gains and Losses
- Credits & Eligibility Rules
- ACA Provisions
- Adjustments to Income
- Itemized vs Standard Deductions
- Payment and Refund Options (including maximum of 3 deposits in one account)
- Withholdings and Estimated Tax Payments
Ethics, Practices and Procedures
- Requirements
- Prohibition of Negotiation of Client Refund Checks
- Due Diligence (Form 8867 and EIC Worksheets)
- E-file Compliance Procedures
- Penalties for Negligent or Intentional Disregard of Rules and Regulations and for Willful Understatement of Liability including PATH ACT Changes
- Annual Filing Season Requirement
*New tax laws enacted, provision changes or updates that occur after publication of this course will be included in the TAX LAW UPDATE provided at various intervals throughout the year, with the final update being posted in December of 2016.
Costs
Course Fees
The cost of the Annual Filing Season Program Non-Exempt Package is $89.00.
Certification / Credits
Participants successfully completing this course will:
- Have IRS notified upon their successful completion of the course / test
- Receive a Certificate of Achievement
To qualify for the IRS - Record of Completion, the participant must complete the remaining requirements through the IRS.
Contact this provider
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