AFSP Course Descriptions
15-hour AFTR-Exempt Tax Preparer Package
This package satisfies the full continuing education requirement to be eligible for the IRS Annual Filing Season Program Record of Completion for PTIN holders who are NOT required to complete the 6-hour AFTR course. It includes courses listed below, which satisfy the following categories:
- Federal Tax Law - 10 hours
- Federal Tax Updates - 3 hours
- Ethics - 2 hours
All course materials are provided as PDF files that can be downloaded from your account immediately after purchase, exams are administered online and are accessed by logging in to your account. The IRS requires a passing score of 70% for each course.
Sequoia CPE is an IRS Approved Continuing Education Provider, our provider ID is XE26W.
All AFSP courses were required to be completed by 12/31/18. Courses for next year will be available Summer 2019.
See Am I Exempt? if you are unsure whether this is the correct package for your requirements.
10-Hour Federal Tax Topics
|This course is designed to meet the 10-hour federal tax law requirement for the Annual Filing Season Program (AFSP).
This course will guide you through the ins and outs of maximizing business deductions for car expenses, travel, meals, and home offices. It includes detailed, clear explanations and practical examples of how the tax law is applied. This course also covers the tax implications of selling a home, as well as the investment of a second home for personal or rental purposes.
IRS Program Approval Number: XE26W-T-00283-21-S
3-Hour Federal Tax Law Update
|Each year, various limits affecting income tax preparation and planning change. Some changes commonly occur each year as a result of inflation indexing, while others occur because of new legislation or the sunsetting of existing law. This course will examine the tax changes that took effect as a result of the passage of the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act), the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)) and the inflation-changed limits effective for 2021 that are more significant from the perspective of an income tax preparer. Some context will be supplied, as appropriate, to assist readers in understanding the changes.|
IRS Program Approval Number: XE26W-U-00281-21-S
2-Hour Ethics for Tax Preparers
|This course discusses various frivolous tax arguments and scams in relation to a federal tax preparer’s ethical obligations under IRS Circular 230. Additional information is provided on the civil and criminal penalties that can apply to your clients and the various penalties that can apply to you, the tax preparer, that violates ethical standards and your obligations under Circular 230.|
IRS Program Approval Number: XE26W-E-00284-21-S