Annual Federal Tax Refresher Course
Earning the Annual Filing Season Program (AFSP) – Record of Completion gives tax preparers the right to discuss client tax information before IRS employees, rather than only being able to request information. With so much discussion regarding representation rights, this is a great option for unenrolled preparers.
Completion of the Annual Federal Tax Refresher course (AFTR) is a necessary step in obtaining an Annual Filing Season Program (AFSP) — Record of Completion. This AFTR course covers federal tax law topics in three domains: New Tax Law/Recent Updates; General Review; and Ethics, Practices, and Procedures. The AFSP is a voluntary program, but since 2015, preparers need a Record of Completion for returns to engage in limited practice. To engage in limited practice, an unenrolled preparer must agree to adhere to the practice requirements of Circular 230. This AFTR course provides the information you need to review to pass the examination and obtain your Record of Completion.
Upon completion of this course, you will be able to:
- Recognize new law provisions effective for the current tax year.
- Apply new law provisions and updated limitations as appropriate for the benefit of the taxpayer.
- Identify basic taxpayer information necessary to complete an average taxpayer’s Form 1040.
- Identify preparer responsibilities in dealings with the IRS.
- Identify preparer responsibilities in dealings with clients.
This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.