18-Hour 2021 Annual Filing Season Program Bundle

$79.00

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Description

18-Hour Annual Filing Season Program Bundle

This bundle fulfills the continuing education requirement to be eligible for the IRS Annual Filing Season Program Record of Completion for PTIN holders. When purchasing this bundle, your account will be enrolled in the following 6 courses:

  1. (6 credits) 2021 Annual Federal Tax Refresher
  2. (2 credits) Real Estate Taxes
  3. (2 credits) Maximizing Deductions Part 1
  4. (3 credits) Maximizing Deductions Part 2
  5. (3 credits) Maximizing Deductions Part 3
  6. (2 credits) Ethics

All courses must be completed by December 31, 2020 in order to fulfill the CE requirements for the 2021 AFSP.

Scroll down for more details about each course.


Course 1: 2021 Annual Federal Tax Refresher

Course Description
This self-study course follows IRS guidelines pertaining to the Annual Federal Tax Refresher (AFTR) program. Three Domains are covered: Domain 1 New Tax Law, Domain 2 General Review of Taxes, and Domain 3 Practices, Procedures and Professional Responsibility. This is a 6-Hr tax course designed for an individual with prior tax preparation experience. This course qualifies for 6 CE credit hours in IRS Category Annual Federal Tax Refresher.

CE Credits: 6 hours – (This course does not provide CE credits for Enrolled Agents)
IRS Category: Annual Federal Tax Refresher
Delivery Type: Online PDF Self-Study
Exam: 100 Question, 3-hour Timed Exam (Only 4 attempts are allowed for this exam)
IRS Program Number: YH9W1-A-00071-20-S

**AFTR course Final Exam must be successfully passed by midnight 12/31/2020 (local time of the student)


Course 2: Real Estate Taxes

Course Description
This self-study courses discusses important tax implications of selling a home, as well as the investment of a second home for personal or rental purposes. This is a Basic tax course with no prerequisites, and qualifies for 2 CE credits in the Tax Law category.

Learning Objectives

  • 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
CE Credits: 2 hours
Category: Tax Law
Delivery Type: Online PDF Self-Study
Exam Questions: 10
IRS Program Number: YH9W1-T-00073-20-S
CTEC Program Number: 6243-CE-0007

Course 3: Maximizing Deductions Part 1

Course Description
This self-study course will guide you through the ins and outs of maximizing business deductions for travel, and meals and entertainment expense. It includes detailed explanations and practical examples of how the tax law is applied. This is a Basic tax course with no prerequisites, and qualifies for 2 CE credits in the Tax Law category.

Learning Objectives

  • Identify current information related to transportation expenses.
  • Recognize what travel expenses are deductible.
  • Identify the deductibility of non-entertainment-related meals and entertainment expenses.
  • Identify the restrictions on the deduction for business gifts.
CE Credits: 2 hours
Category: Tax Law
Delivery Type: Online PDF Self-Study
Exam Questions: 10
IRS Program Number: YH9W1-T-00074-20-S
CTEC Program Number: 6243-CE-0003

Course 4: Maximizing Deductions Part 2

Course Description
This self-study course will guide you through maximizing business deductions for transportation, recordkeeping requirements, and how to report employee business expenses on Form 2106. It includes detailed explanations and practical examples of how the tax law is applied. This is a Basic tax course with no prerequisites, and qualifies for 3 CE credits in the Tax Law category.

Learning Objectives

  • Recall deductible transportation expenses.
  • Identify the Section 179 deduction requirements.
  • Recognize the rules regarding the depreciation of vehicles.
  • Recognize the various recordkeeping requirements for travel, gift, and transportation expenses.
  • Identify what is required to adequately account to an employer for employee business expenses.
CE Credits: 3 hours
Category: Tax Law
Delivery Type: Online PDF Self-Study
Exam Questions: 15
IRS Program Number: YH9W1-T-00075-20-S
CTEC Program Number: 6243-CE-0004

Course 5: Maximizing Deductions Part 3

Course Description
This self-study course will guide you through maximizing business deductions for home offices. It includes explanations and practical examples of how the tax law is applied. This is a Basic tax course with no prerequisites, and qualifies for 3 CE credit in IRS Federal Tax Law.

Learning Objectives

  • Recognize the tax rules regarding the business use of a home.
  • Identify how daycare facilities in a home qualify for different rules than other businesses.
CE Credits: 3 hours
Category: Tax Law
Delivery Type: Online PDF Self-Study
Exam Questions: 15
IRS Program Number: YH9W1-T-00076-20-S
CTEC Program Number: 6243-CE-0005

Course 6: Tax Return Preparer Ethical Issues
Course Description
This course examines tax preparer conduct standards. It addresses the issues of confidentiality, accuracy, conflict of interest, taxpayer omissions and return of client records. The ethical rules governing these issues are discussed, and tax preparers are presented with real-world scenarios that focus on the ethical issues that may be encountered in their professional activities. A final examination covering the course material is administered. This course is a basic tax level course with no prerequisites, and qualifies for 2 CE credits in the Ethics category.

Learning Objectives

  • Recognize the permitted scope of tax return preparer responsibilities;
  • Identify the best practices for tax advisers in preparing or assisting in the preparation of a submission to the Internal Revenue Service;
  • List the various sanctions that may be imposed for a preparer’s failure to comply with applicable conduct rules.
CE Credits: 2 hours
Category: Ethics
Delivery Type: Online PDF Self-Study
Exam Questions: 10
IRS Program Number: YH9W1-E-00070-20-S
CTEC Program Number: 6243-CE-0001