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Annual Federal Tax Refresher (AFTR) Course (2024)

  • AFSP

Published : June, 2024

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Free (Only Today)

6 Credits

Subject Area

Taxes

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Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Overview

  • Introduction to the Course
    1 mins
  • Domain 1 - New Tax Law/Recent Updates
    2 mins
  • Domain 2 - Covering topics 2.1 - 2.8
    34 mins
  • Domain 3 - Covering Topics 3.1 - 3.7
    250 mins
  • What may an unenrolled return preparer not do?
    300 mins

Course Description

This AFTR course is a high-level, basic 1040 “refresher” course focusing on tax law and preparing 2025 individual tax returns. The 6-hour Annual Federal Tax Refresher (AFTR) Course includes 3 hours of exams containing 100 questions, which were first introduced by the IRS in 2015 as a part of the Annual Filing Season Program. This course is necessary for non-credentialed tax preparers (preparers that are not CPAs, EAs, CFPs, and Attorneys) who want to obtain the IRS Annual Filling Season Program (AFSP) - Record of Completion. 

It has been designed to encourage non-credentialed tax preparers to be aware of the latest legislation changes regarding tax law. This 2024 Annual Federal Tax Refresher course is designed to meet the IRS Annual Filing Season Certificate program requirements. It discusses new tax laws 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. 

This AFTR Course must be taken together with the test to earn the IRS Record of Completion. It will be an open-book exam, so you can access the reference material while attending the 3-hour exam. All topics in each of the three domains highlighted in the ‘Annual Federal Tax Refresher Course Outline’ document have been tested. 

To qualify, the 100-question test administered over three hours must be completed before the 31st of December 2024 in preparation for the 2025 financial year. Once this 6-hour AFTR course is completed, attendees will be issued a Record of Completion that they can display and use to differentiate themselves in their professional careers. If we talk about representation rights, unenrolled return preparers with a valid PTIN and who hold a record of completion for BOTH the tax return year under examination and the year the examination is conducted may represent under the following conditions: Unenrolled return preparers with the necessary record(s) of completion may represent tax-payers only before revenue agents, customer service representatives, or similar officers and employees of the Internal Revenue Service (including the Taxpayer Advocate Service). 

Please note that Enrolled Agents can take the AFTR course but cannot receive IRS CE Credits for the course. Please refer to the provided link for more information on professionals eligible to take the AFTR Course.

Exam Instructions

You will get a total of 4 chances, to clear the exam. After that, you cannot register or attempt an exam again.

Please note that if the timer runs out and you have not clicked on Submit button, then your attempt will be counted but you will not be able to receive the score for the exam.

During an exam, if an attendee closes the browser window, then your exam progress will not be saved and you have to start the exam again.

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Learning Objectives

  • Discuss how to apply the inflation-adjusted and other limits to the proper preparation of taxpayers’ income tax returns.
  • Identify the types of income that must be recognized.
  • Identify the principal individual income tax changes brought about by recent legislation.
  • Recognize the federal income tax filing statuses and the criteria for their use.
  • Describe the current status of tax extenders.
  • Know how to apply the tax rules to the various credits and income adjustments available to taxpayers.
  • Recognize the penalties that may be imposed on a preparer for failing to meet ethical and practice standards in preparing tax returns with the consequences of not following them
  • Review the duties and restrictions imposed on tax preparers under Circular 230 and Schedule C.

MY-CPE offers a comprehensive AFTR course for tax professionals looking to stay current with tax laws and regulations. Our annual federal tax refresher (AFTR) course is designed to meet IRS requirements, ensuring you stay compliant and knowledgeable. Take the IRS AFTR course online through our user-friendly platform, featuring expert-led content that simplifies complex tax topics. Enhance your professional development with MY-CPE’s trusted and convenient courses. Our seamless navigation and focused curriculum make it easy to fulfill your continuing education needs. Choose MY-CPE for your AFTR course and advance your tax career.

Course Qualification

Webinar Qualifies For

  • 6 CE Credit of Annual Federal Tax Refresher (AFTR) course for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-A-02042-24-S)

    Valid upto : Dec 31, 2024

Additional details

  • Course Level :
    Basic
  • Credits :
    6
  • Instructional Method :
    QAS Self Study
  • Pre-requisites :
    None
  • Advance Preparation :
    None

IRS APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

Presenter

About Presenter

Jason Dinesen, EA

President, Dinesen Tax & Accounting, P.C.

Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert and a well known presenter of continuing education courses. He has an impeccable acumen for tax subjects, by virtue of which, he is known to create very well researched course materials helping individuals and businesses with accounting, bookkeeping, tax preparation, and business advisory in various industries.

Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics and much more.

He has presented over dozens of webinars on Form 1099 (MISC & R); marriage in the tax code; tax updates; the new Form W-4, payroll updates, filing status, tax credit and other issues relating to the modern-day household setting.

Moreover, Jason is known to be producing every other webinar/course a little different and updated from the previous one. No wonder, he is a top ranked presenter whose webinars and self-study course materials are very well received by the audience. 

He also teaches 2 classes at Simpson College, Individual Income Tax and Business Analytics. 

Jason was born and raised in Iowa and has a degree in corporate communications from Simpson College in Indianola. He has a big family that includes his wife, two sons, 5 cats and 3 dogs. Jason holds season tickets to University of Iowa football, and enjoys using his chainsaw. Topmost item in his 2022 bucket list is to learn how to properly ‘nose & taste’ whisky.

About Company

Dinesen Tax & Accounting, P.C.

www.dinesentax.com

Unlike some other accounting firms, when Dinesen Tax & Accounting, P.C. says we offer personal service, we mean it. When you come to us with your tax preparation needs, you’ll deal directly with our owner and president, Jason Dinesen. We don’t put administrative staff in the middle of you and our tax expert. That means you’ll always have first-hand knowledge of where things stand, and important information won’t slip through the cracks. We welcome all clients, but especially individuals who want the benefits of a long-term relationship with an accounting firm capable of handling anything that might come along with their taxes. We give all our clients the time, attention, and convenience they should expect. If you have a challenging professional or personal schedule, Jason will accommodate you by meeting whenever – and wherever – works best for you.

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.
  • For Refund and Complaint Resolution Policy, CLICK HERE.

Ratings and Review

4.7

90 Ratings

Excellent

64

Very Good

21

Average

5

Poor

0

Terrible

0

BMH

Barbara M Hill, AFSP

Oct 24th, 2024

Jason Dinesen, is an amazing professional, listening all his explanation for the AFTR help me to understand and pass the test on the second attempt. I am getting ready to be an Enroll Agent, he definitely will be a great help to me. Thank you so much MYCPE program and in special a Jason Dinesen. Will hear from you next year.

GT

Gail Trudeau, AFSP, EA

Sep 19th, 2024

I passed the test the 1st time. I would have liked a higher score, but it shows it is doable. The course was good, the material was presented well by Jason and the contents made it easy to review certain sections. Thanks

BC

Brian Canter, AFSP

Sep 14th, 2024

The instructor Jason is my favorite on MyCPE. he has a good sense of humor, presents the material in an easy to understand manner, gives real life examples, and covers everything asked on the quiz.

AO

Abbilene Overton, EA

Sep 4th, 2024

Jason Dinesen is my favorite presenter as he states facts clearly and in easy to understand and absorb terms while also providing the IRCs for further research if needed.

AW

Allan Weistock, CPA (US)

Jun 20th, 2024

I have taken several classes with Jason Dinesen. He is very thorough, clear and concise. Lots of great info for the current tax year.