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IRS Released 2021 AFTR Outline: Here's How To Participate

April 12, 2021 3:01 PM

IRS Released 2021 AFTR Outline: Here's How To Participate The IRS has just released the AFTR outline for 2021, which will be applicable for the 2022 tax season. This course will be available starting on June 1st for all return preparers. You may be wondering what the benefit is to participate in the IRS’ Annual...

Tax Season Delayed

January 25, 2021 11:24 AM

The IRS has announced a delay in tax season for 2021. Tax returns can begin being filed on February 12. Typically, tax season begins on January 1 and runs until April 15. The reason given for the delay is that the IRS requires additional time for programming and system testing that includes the second Economic Impact...

The latest on the PPP

January 11, 2021 11:36 AM

The second COVID-19 relief bill on December 27, 2020 has added additional funds for individuals and businesses to support the economy and stabilize businesses hit hardest by COVID-19. Our friends Dr. Bart Basi and Roman Basi of The Center for Financial, Legal & Tax Planning, Inc. recently published a blog post...

Why Answers Are Not Provided On Failed Tests

December 14, 2020 1:02 AM

One of the most common questions we are asked from individuals taking an Annual Filing Season Program course is… “Why are answers not provided on failed tests?” We understand that this is a frustrating policy. You put the time and effort to go through the material, study and take the exam only to find out that...

3 Things You Need to Know Before You Take Your AFTR Exam

October 16, 2020 11:32 AM

The Annual Federal Tax Refresher course (AFTR) is designed for non-credentialed tax preparers (preparers that are not CPAs, EAs, CFPs, and Attorneys) that seek to obtain the IRS Annual Filing Season Program (AFSP) – Record of Completion. The Annual Filing Season Program is a voluntary program that has been...