AFSP Is Back and Updated for 2025

Our 2025 Annual Filing Season Program (AFSP) bundles are now available offering continuing education designed for tax professionals. Choose our 18-hour or 15-hour AFSP bundle depending on your needs, which includes the latest CPE courses to keep you informed and compliant for the upcoming tax season. Explore new topics and sharpen your skills with conveniently-bundled learning designed specifically for your AFSP tax needs.

Understanding the exclusions from gross income is essential for accurate tax reporting. Learn what items can be excluded, such as certain fringe or Social Security benefits, and how to correctly calculate the portion of Social Security income that should be included in gross income. With this knowledge, you can help clients maximize their tax benefits.

Above-the-line deductions and losses can significantly impact a taxpayer’s adjusted gross income and overall tax liability. This course dives deep into identifying rental income and expenses, navigating traditional and Roth IRAs, and understanding Simplified Employee Pension (SEP) plans and other retirement options such as SIMPLE plans for self-employed individuals. Additionally, you’ll learn to accurately calculate allowed losses and understand limits that affect deductions.

Tax laws are constantly evolving, and staying current is vital for your success and compliance. This course presents a comprehensive update on 2025 tax changes, including the effects of inflation on tax calculations, modifications to individual tax credits and deductions, and key developments impacting businesses and estates. In addition to these changes, you’ll learn about penalty changes and have access to a quick reference chart to streamline your tax preparation workflow.

The tax implications of debt cancellation can be complex. This course clarifies which types of canceled debts are excluded from income, such as qualified principal residence indebtedness, and when discharged debt must be included. You’ll also explore topics like insolvency, reductions of tax attributes, and exceptions related to student loans and qualified real property business indebtedness. By mastering these rules, you’ll be better equipped to guide clients through debt-related tax issues with accuracy and confidence.

Maintaining ethical standards is paramount for tax professionals. This course guides you through the types of conduct that could lead to suspension or disbarment, outlines the procedural steps involved in disciplinary proceedings, and helps you clearly identify who qualifies as a tax return preparer. You will also learn about the requirements for properly preparing tax returns, ensuring that your practice remains compliant and professional.

Visit our AFSP courses page to learn more and enroll in the bundles that fits your needs. Stay current and compliant with our AFSP 2025 offerings — your pathway to continued tax professional success.