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. 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.

Purchase - $64.50

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 is divided into 2 parts. Part 1, Car, Travel, and Home Office Deductions 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. Part 2, Real Estate Tax Issues, describes how real estate is the largest investment most Americans will ever have. This course covers the tax implications of selling a home, as well as the investment of a second home for personal or rental purposes.	Course Info: Course #: 200E Delivery: Self-Study CPE Hours: 10 Course Level: Basic Prerequisites: None Advanced Preparation: None Category: Federal Tax Law Total Pages: 270 Questions: 50
IRS Program Approval Number: XE26W-T-00220-19-S
Course Objectives To identify current information related to transportation expenses To recognize what travel expenses are deductible To identify the deductibility of non-entertainment-related meals and entertainment expenses To identify the restrictions on the deduction for business gifts To recall deductible transportation expenses To identify the section 179 deduction requirements To recognize the rules regarding the depreciation of vehicles To recognize the various recordkeeping requirements for travel, gift, and transportation expenses To identify what is required to adequately account to an employer for employee business expenses To recognize the tax rules regarding the business use of a home To identify how daycare facilities in a home qualify for different rules than other businesses To recognize the tax rules that apply when an individual sells his or her main home To identify some of the tax implications of owning a second home, whether or not for rental purposes To identify how the passive activity and at-risk rules affect the deductibility of investment losses Table of Contents

3-Hour Federal Tax Law Update

	The Federal Income Tax Changes Summary - 2019 course examines the current tax changes that are more significant from the perspective of an income tax preparer. Context is provided, as appropriate, to assist in understanding the changes. A brief discussion of the individual taxpayer provisions of the Tax Cuts and Jobs Act of 2017 is also included.	Course Info: Course #: 300E Delivery: Self-Study CPE Hours: 3 Course Level: Basic Prerequisites: None Advanced Preparation: None Category: Federal Tax Law Update Total Pages: 92 Questions: 15
IRS Program Approval Number: XE26W-U-00216-19-S
Course Objectives To recall the various standard mileage deductions To identify the 2019 standard deduction amounts available to taxpayers To recognize the changes made to the alternative minimum tax exemption amount for 2019 To recall the tax-free United States savings bond income limits for taxpayers who paid qualified higher education expenses in 2019 To recognize the tax-deductible premiums for and tax-free benefits received under qualified long-term care insurance contracts To recall the retirement savings contribution credit available to eligible taxpayers To recognize the rules and income limits applicable to eligibility for the earned income credit To identify the adoption credit rules To identify the changes made by the PPACA effective in 2019 related to the health flexible spending arrangement contribution limits To identify the changes made by the PPACA effective in 2019 related to the penalty for individuals who fail to comply with the PPACA mandate to maintain minimum essential coverage in 2019 To identify the changes made by the PPACA effective in 2019 related to the small business health care tax credit To identify the changes made by the PPACA effective in 2019 related to the large employer shared responsibility provision To recognize the eligibility rules applicable to Archer MSAs and HSAs To identify the maximum contributions that may be made to an Archer MSA To recall the tax treatment rules to contributions to and distributions from Archer MSAs and HSAs To identify the traditional IRA tax deduction available to a taxpayer who is an active participant in an employer-sponsored retirement plan To recognize the AGI limits that apply to a taxpayer’s eligibility to make a Roth IRA contribution To identify individual tax rate changes affecting taxpayers To recognize the changes made to the various exemptions and deductions available to taxpayers To recall the changes to the individual taxpayer penalty for failing to maintain minimum essential coverage Table of Contents

2-Hour Ethics for Tax Preparers

	This course is designed to meet general ethics requirements. It covers the IRS Circular 230 and Statements on Standards for Tax Services.	Course Info: Course #: 400E Delivery: Self-Study CPE Hours: 2 Course Level: Basic Prerequisites: None Advanced Preparation: None Category: Ethics Total Pages: 60 Questions: 10
IRS Program Approval Number: XE26W-E-00219-19-S
Course Objectives To identify the Internal Revenue Service Requirements as outlined in Circular 230 To identify the CPA’s responsibilities according to the AICPA’s Statements on Standards for Tax Services Table of Contents