If you have been looking into AFSP test prep solutions lately, Varsity Tutors can set you up with private AFSP classes and help you improve your study skills. The Annual Filing Season Program (AFSP) is a voluntary program designed by the Internal Revenue Service (IRS) to encourage non-credentialed tax preparers to participate in Continuing Education (CE) courses and take an Annual Federal Tax Refresher (AFTR) test to demonstrate what they have learned. Successful candidates are added to the IRS's database of qualified tax professionals, potentially helping new customers find you. If your AFSP prep could use a boost, let us find you private AFSP tutoring services today!
The first stage in AFSP prep is understanding the formatting of the AFSP exam. Each CE provider writes and proctors its own exam, so there is some variation. However, 100 multiple-choice questions administered over a three-hour testing session is considered standard. Here are the three principal areas of focus:
- Domain 1 - Provisions of Tax Cuts and Jobs Act
- Domain 2 - General Reviews
- Domain 3 - Practices, Procedures, and Professional Responsibility
Now that you know in general what areas the AFSP focuses on, so here are some of the specific topics you might study in your AFSP class:
- New individual and capital gains tax rates
- Income/Adjustments to Income
- Schedule C Provisions
- Itemized Deductions Schedule A
- 20% deduction for a pass through qualified trade or business
- Affordable Care Act (ACA) provisions
- Annual inflation adjustments
- Retirement income reporting and taxability
- Balance due and refund options
- Tax-related identity theft
- Preparer penalties
- E-file requirement
- Due diligence in tax preparation
Clearly, there's a lot of information to go over during your AFSP test prep. Fortunately, private AFSP tutors can concentrate exclusively on the topics you could develop a better understanding of to improve your AFSP prep efficiency. For example, let's say that you have a firm grasp of the basics but aren't clear on all of the implications of the new tax laws. Your AFAP preparation might include a detailed breakdown of the most recent legislation to help you feel more confident on test day.
Working with a private instructor also allows you to receive personalized attention during your AFSP test prep. Any questions you ask can be answered promptly since you are your instructor's only student. In fact, many students say that the personal rapport they build with their tutor in their AFSP course makes it easier to ask for help as needed than it otherwise would have been.
Likewise, your tutor may be able to customize your AFSP test preparation to your individual learning style. If you are a visual learner, your instructor might utilize graphs and charts to help you visualize any concepts you are having a hard time with. If you are a more practical person, your instructor might instead provide real-world use cases to make sessions easier to follow. Many AFSP courses are not as adaptive to one student's needs, making our products one of the best in the business!
We also try to make AFSP prep as convenient for the student as possible. For instance, sessions take place on our mobile-friendly Live Learning Platform, an online classroom that brings the benefits of private instruction anywhere with a stable internet connection. We also try to match every client with an expert instructor who meets your scheduling needs, allowing you to study whenever you are available. We understand how important it is to keep living life while you prepare for a test and design all of our products with the value of your time in mind.
Educational Directors are standing by to answer any questions you have, so call Varsity Tutors today to learn more about the benefits of formal AFSP test prep! We look forward to helping you pursue your potential!
Nicole: AFSP - Annual Filing Season Program test prep instructor
...professor for over 3 years. I received my B.A. in Biblical Studies with a concentration in Jewish Studies from Gordon College in 2008. For graduate studies I decided to focus on the History and Geography of the Middle East and thought there was no better place to do so than in the Middle East itself. So I moved overseas and earned my compound M.A. in Historical Geography from Jerusalem University College in 2010. My diverse...
Education & Certification
- Gordon College - Bachelor in Arts, Biblical and Theological Studies: Emphasis in Jewish Studies
- Jerusalem University College - Master of Arts, History and Geography
Subject Expertise
- AFSP - Annual Filing Season Program
- GRE
- Medieval Literature
- Elementary School Writing
- +245 subjects
Ilan: AFSP - Annual Filing Season Program test prep instructor
Greetings! I'm a NYU student embarking on a journey of education and growth. With a strong commitment to learning and sharing knowledge, I'm thrilled to join this tutoring company. My experiences at NYU have honed my understanding of various subjects, and I'm eager to channel that expertise into helping fellow students thrive. Let's learn and succeed together!
Education & Certification
- New York University - Bachelor of Science, Real Estate
Subject Expertise
- AFSP - Annual Filing Season Program
- ABCOP - American Board for Certification in Orthotics, Prosthetics, and Pedorthics
- ACRP - Association of Clinical Research Professionals
- ACSM - American College of Sports Medicine
- +117 subjects
John: AFSP - Annual Filing Season Program test prep instructor
...in Communication Studies, Women's Studies Gender Studies, and Social Work. I believe in the potential for any student to achieve an A in every course and in every assignment. More so than a grade, my goal is to help students fall in love with the process of learning. Feedback from successful students has allowed me to recognize how effective the approaches toward tutoring mine have been for all learning types in various academic subjects. While...
Education & Certification
- Loyola University-Chicago - Bachelor in Arts, Communication, General
- Loyola University-Chicago - Master of Social Work, Social Work
Subject Expertise
- AFSP - Annual Filing Season Program
- CPA
- CFA
- CFP
- +455 subjects