Learning Objectives:

• Master the common and uncommon tax credits, including the Credit for the Elderly or The Disabled, Earned Income Tax Credit and Child Tax Credit, to effectively reduce clients’ tax liabilities and navigate IRS compliance requirements.

• Demonstrate proficiency in applying Circular 230 guidelines to resolve ethical dilemmas in tax practice, ensuring compliance and maintaining client trust.

• Analyze recent legislative changes and IRS updates, such as the SECURE Act 2.0 and inflation adjustments, to advise clients on optimal tax strategies and ensure accurate tax return preparation.

• Master the eligibility criteria, calculation methods, and phase-out rules for education benefits. Maximize benefits for education tax credits and deductions to optimize tax savings for individuals and families.

• Acquire comprehensive knowledge of the Annual Federal Tax Refresher, including recent tax law updates and ethical considerations, to maintain IRS compliance and enhance tax preparation proficiency.

• Assess tax implications and strategies for retirement planning, incorporating changes from the SECURE Act and other legislative updates, to optimize retirement savings and income tax outcomes.

Our 18-hour AFSP tax course bundle contains 2 hours of ethics, 6-hour AFTR and 10 hours federal tax law topics. Our 10-Hour federal tax law topics includes:

Tax Credit Blueprint (2 CE), Scholar’s Advantage: Mastering Education Tax Benefits (3 CE), Tax Law Updates (3 CE) and Retirement (2 CE).