This unlimited access package contains our entire library of courses for your continuing education requirements. You will get access to 24 hours of online HD video courses featuring Dr. Bart Basi along with several other renowned tax professionals.
Courses Included in this package:
- 2020 Amended Returns - The What, Why, When & How (1 Credit hour of Federal Tax Law)
- 2020 Penalty Abatement Basics & Techniques (1 Hour of Federal Tax Law Topics)
- 2020 CARES Act Stimulus (2 Hours of Federal Tax Law Topics)
- 2020 Ethics Circular 230 (2 Hours of Ethics)
- 2020 Federal Tax Law Updates (3 Hours of Federal Tax Law Updates)
- 2020 Estate Planning Basics (1 Hour of Federal Tax Law Topics)
- 2020 Real Estate Why and Why Not (1 Hour of Federal Tax Law Topics)
- 2020 Corporations and Partnership Taxes: 1120, 1120s, and 1065 (3 CE Hours of Federal Tax Law Topics)
- 2020 Financial Planning & Investments, Foreign Income & IRS Disciplinary Actions (3 CE Hours of Federal Tax Law Topics)
- 2020 Business Tax Strategies (1 Hour of Federal Tax Law Topics)
- 2020 Adjustments to Income - More than they appear (1 Hour of Federal Tax Law Topics)
- 2020 What Qualifies for the R&D Tax Credit? (1 Credit Hour of Federal Tax Law)
- 2020 Health Care Update, HSA's, Expense Strategies and More (2 Hour of Federal Tax Law Topics)
- 2020 Unmasking the new tax laws! CARES Act and Federal Stimulus Updates (2 Credit Hours of Federal Tax Law)
What is the benefit to me of participating in the Annual Filing Season Program (ASFP)?
- Your name will be included in the Directory of Federal Tax Return Preparers with Credentials and Select Qualifications that will be available January.
- You will have limited representation rights for returns you prepare and sign.
- You will be encouraged to remain current with changing tax laws.
- You will receive the AFSP – Record of Completion that shows clients and potential clients that you are a well-educated tax preparer who is dedicated to your chosen profession.
What is the deadline to complete the Annual Filing Season Program (ASFP)
The approved continuing education program must be completed within the calander year to qualify for the 2016 filing season.
What is the future of this program?
The Annual Filing Season Program will be an interim step to help taxpayers and encourage education for unenrolled tax return preparers. The IRS continues to pursue legislative authority to mandate a continuing competency program. In the meantime the IRS will administer a uniform voluntary examination in future years in order to ensure basic return preparer competency.
What are the requirements to achieve Annual Filing Season Program Completion?
Completion of courses from an IRS approved required will satisfy the completion. The yearly requirements for 2016 and beyond for Non-Exempt status tax preparers is 18 hours. Which consists of a 6 hour Annual Federal Tax Refresher (AFTR), 10 hours of federal tax law and 2 hours of ethics. The yearly requirements 2016 and beyond for Exempt status tax preparers is 15 hours. Which consists of 10 hours of federal tax law, 3 hours of tax law updates, and 2 hours of ethics
Who may participate in the program?
Anyone with a PTIN is eligible to participate in the program. Enrolled Agents, CPA’s and RTRP’s have an exempt status that will reduce the number of hours required.