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Annual Filing Season Program (AFSP) eBook

$179.00 $159.00

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Description

CE Credits: 10 Federal Tax Law, 2 Regulatory Ethics, 6 AFTR
Deadline: LTP encourages you to complete this course by December 29th to allow time for reporting credits and any support. The IRS deadline to complete is December 31st*.

Our Annual Filing Season Program (AFSP) qualifies for 18 hours of continuing education needed to earn an AFSP Record of Completion from the IRS. Some of the perks a tax preparer will receive upon completion are: limited representation rights, a certificate directly from the IRS to display, and your name added to the official IRS tax preparer directory.

To fulfill requirements, you must take the AFTR which consists of a 100 question, 3-hour timed exam and complete it with a score of 70% or better.

*The IRS deadline to complete this course is December 31st at midnight your local time, however, keep in mind our office closes on 12/31 at 5pm PST | 8pm EST | 6pm MT | 7pm CT. Hours that are completed by the IRS deadline will be reported on the following day.

How to access your course?

First-time users: You will receive an email from edsupport@latinotaxpro.com with the subject line “Welcome to Prendo365”. This email will contain your username and password. Please check your spam/junk folder if you do not see the email. Prendo365.com is our powerful, user-friendly E-learning system where you can access the eBook, quizzes, practice tax returns, finals, and more!

Returning users: You can access your course on Prendo365.com with the same login credentials as previously used. If you forgot your password, simply click “Forgot your password?” right below the sign-in box on Prendo365.

Click on a chapter title to view the content description 

Part I: Ethics and Best Practices
Part 2: Federal Tax Law
Part 3: Annual Federal Tax Refresher

This chapter will explain how to determine who qualifies as a tax return preparer, what representation rights a preparer has, how that individual is bound by the Circular 230 guidelines, and what it means for a tax preparer to behave ethically and responsibly.

How do I obtain an AFSP-Record of Completion?

  • Take a six (6) hour Annual Federal Tax Refresher (AFTR) course that covers filing season issues and tax law updates, as well as a knowledge-based comprehension test administered at the end of the course by the CE Provider.
  • Take three (3) hours of other federal tax law topics; and
  • Take two (2) hours of ethics.
  • Have an active preparer tax identification number (PTIN).
  • Consent to adhere to specific practice obligations outlined in subpart B and section 10.51 of Treasury Department Circular No. 230.

How and when will I get my Record of Completion?

  • After PTIN renewal season begins in October, a Record of Completion will be generated to you once all requirements have been met, including renewal of your PTIN and consent to the Circular 230 obligations.
  • If you have an online PTIN account, you will receive an email from TaxPro_PTIN@irs.gov with instructions on how to sign the Circular 230 consent and receive your certificate in your online secure mailbox.
  • If you do not have an online PTIN account, you will receive a letter with instructions for completing the application process and obtaining your certificate.

Who is exempt from taking the AFSP course?

  •  Anyone who passed the RTRP test administered by the IRS between November 2011 and January 2013.
  • Established state-based return preparer program participants with testing (Oregon, California, and Maryland).
  • Those who have passed SEE (Special Enrollment Exam) Part 1 within the past 2 years.
  • VITA/TCE volunteers: quality reviewers and instructors with active PTINs.
  • Other accredited tax-focused credential holders such as the following:
    • The Accreditation Council for Accountancy.
    • Taxation’s Accredited Business Accountant/Advisor (ABA).
    • Accredited Tax Preparer (ATP).

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