AFSP Course Descriptions
18-hour AFTR 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 required to complete the 6-hour AFTR course. It includes courses listed below, which satisfy the following categories:
- Annual Federal Tax Refresher - 6 hours
- Federal Tax Law - 10 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. Exams can be retaken as many times as needed at no additional cost.
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.
2019 Annual Federal Tax Refresher
|This course is designed for non-exempt tax preparers seeking to complete requirements for the Annual Filing Season Program. It provides an overview of topics deemed most important for tax return preparers, including recent tax law updates, general review, and ethics, practices and procedures. The course is designed to satisfy 6 hours of continuing professional education; however, you may review the materials at your own pace. To receive a certificate of completion, you must complete an online examination with a score of 70% or higher. The exam has a 3 hour time limit and must be completed in one sitting. The exam is open book, so we recommend having your course materials open while you take the exam. If you do not pass on your first attempt, you may re-take the exam as many times as you would like. NOTE: IRS CE regulations prohibit an answer key or any other specific answer feedback from being provided after passing the AFTR exam.|
IRS Program Approval Number: XE26W-A-00177-18-S
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 is divided into 2 parts. Part 1, Education Expense, details all of the various types of tax benefits and savings opportunities available for education. Covering Qualified Tuition Programs (529 plans), the American opportunity credit, the lifetime learning credit, student loans, tuition and fee deductions, Coverdell Education Savings Accounts, Education Savings Bond Programs and much more. Part 2, The Benefits of Roth IRAs, describes the benefits of a Roth IRA as compared to its traditional counterpart. It also covers contribution limits, eligibility requirements, rules for converting one type of IRA into another, and rules governing the withdrawal of funds.|
IRS Program Approval Number: XE26W-T-00178-18-S
2-Hour Ethics for Tax Preparers
|This course is designed to meet the 2 hour ethics requirement for the Annual Filing Season Program. It covers the IRS Circular 230 and Statements on Standards for Tax Services.|
IRS Program Approval Number: XE26W-E-00180-18-S