Annual Filing Season Program (Currently Unavailable)
Stand out from the competition and stay up to date on tax laws and changes by earning the Annual Filing Season Program certificate from IRS. This program is for unenrolled tax return preparers to voluntarily improve their filing season competency through continuing education. It does not apply to licensed CPAs and EAs.
Vern discusses the current cases and rules affecting the tax preparer's relationship with the IRS including the increased IRS follow-up on correspondence, eliminated e-services, and the numerous methods the IRS uses to reconstruct unreported income.
Each year, various limits affecting income tax preparation and planning change. Some changes commonly occur each year as a result of inflation indexing, while others occur because of new legislation or the sunsetting of existing law.
The Annual Federal Tax Refresher course is designed to meet the requirements of the IRS Annual Filing Season Certificate program. It discusses new tax law and recent updates for the upcoming filing season, provides a general tax review, and examines important rules governing tax return preparer ethics, practices and procedures.
Each year, various limits affecting income tax return preparation and tax planning are affected by inflation-related changes. In addition, new tax laws come into being that may significantly affect taxpayers' income tax liability. This course will examine many of those changes.
This course must be completed no later than December 31, 2014 in order to receive credit from the IRS. The final exam includes 100 questions and you have 3 hours to complete the final exam.
Total: 3 courses (13 CPE hours)