This comprehensive fall tax update provides an in-depth review of the latest federal tax changes and IRS guidance following the enactment of OBBBA 2025 for individual taxpayers, highlighting new legislation and provisions, regulatory shifts, and planning opportunities that will affect individual and tax compliance in the current filing season and beyond. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
- Identify and recall key compliance issues
- Implement practice strategies based on recent developments
- Apply changes to Form 1040 and related schedules
Major Topics
The major topics that will be covered in this course include:
- Update and integration of recent tax legislation impacting 2026 individual returns
- Update on significant individual tax developments related to cases and rulings
- Individual tax changes including the earned income credit, child credit, and child and dependent care credit
- Section 199A changes, including use of carryforward passive activity and 199A losses and latest tax forms
- Crypto reporting update
- 2027 tax rate schedule and other inflation adjusted items
- Passive activity and hobby loss rules changes.
