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.

Sequoia CPE is an IRS Approved Continuing Education Provider, our provider ID is XE26W.

Purchase - $79.50

All AFSP courses were required to be completed by 12/31. Courses for next year will be available Summer 2024.

See Am I Exempt? if you are unsure whether this is the correct package for your requirements.

2023 Annual Federal Tax Refresher

2023 Annual Federal Tax Refresher Each year, various limits impacting income tax return preparation and tax planning are affected by inflation-related changes. In addition, various new tax laws may be passed. This course will examine many of those changes. The Annual Federal Tax Refresher course is designed to meet the requirements of the IRS voluntary Annual Filing Season program. It discusses new tax law and recent updates for the upcoming filing season, provides a general tax review, and examines important rules governing tax return preparer ethics, practices and procedures. In organizing this course, the term “domain” is used in place of the more common “chapter” to more closely follow the language of the IRS Annual Federal Tax Refresher course outline.

Course Info:

  • Course #: 100I
  • Delivery: Self-Study
  • CPE Hours: 6
  • Course Level: Basic
  • Prerequisites: None
  • Advanced Preparation: None
  • Category: Annual Federal Tax Refresher
  • Total Pages: 193
  • Questions: 100

IRS Program Approval Number: XE26W-A-00371-23-S

Course Objectives

Table of Contents

10-Hour Federal Tax Law Topics

10-Hour Federal Tax Law Topics The first part of this course discusses virtual currency. Roughly 3 in 10 Americans younger than age 30 indicate they have invested in, traded, or used a virtual currency, such as Bitcoin or Ethereum. As a result, tax preparers are more likely than ever to encounter clients who have engaged in one or more virtual currency transactions during the year and who may have taxable income as a result. We briefly discuss the nature of virtual currency, how transactions in virtual currency occur and are recorded, and the tax treatment to which they are subject. The second part of this course discusses how CPAs, EAs and tax preparers have a unique responsibility to safeguard their clients’ data because savvy cybercriminals know that they have access to very sensitive data, including social security numbers. This part provides an overview of the problems of identity theft, types of identity theft, and remedies available for its victims. In addition, it will look at suggestions for businesses to use to reduce the risk of such crimes and focus on several rules mandating practices for financial firms to safeguard client information.

Course Info:

  • Course #: 200I
  • Delivery: Self-Study
  • CPE Hours: 10
  • Course Level: Basic
  • Prerequisites: None
  • Advanced Preparation: None
  • Category: Federal Tax Law
  • Total Pages: 286
  • Questions: 50

IRS Program Approval Number: XE26W-T-00375-23-S

Course Objectives

Table of Contents

2-Hour Ethics for Tax Preparers

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.

Course Info:

  • Course #: 400I
  • Delivery: Self-Study
  • CPE Hours: 2
  • Course Level: Basic
  • Prerequisites: None
  • Advanced Preparation: None
  • Category: Ethics
  • Total Pages: 46
  • Questions: 2

IRS Program Approval Number: XE26W-E-00377-23-S

Course Objectives

Table of Contents