Per the IRS Education Provider Standards this course MUST be completed by 12/31/2024 to receive credits
New tax laws (including the One Big Beautiful Bill Act), new cases, IRS guidance, and inflation-driven cost-of-living increases in numerous tax rules present planning opportunities for your clients for 2026 returns. Your guidance is needed to help clients navigate the new tax landscape now and get ready for upcoming tax changes in 2027. This one-hour CPE course presented by experienced practitioner and instructor Barbara Weltman, J.D., will provide an update on critical year-end tax steps for your individual clients.
Who Should Attend
All CPAs, EAs, and other tax professionals who advise individual clients on federal tax issues.
Topics Covered
- What's new for 2026 returns
- Special actions in light of changes in the One Big Beautiful Bill Act effective in 2026
- Tax rule changes from other prior legislation affective in 2026
- Last-minute tax actions
- Law changes and proposed changes for 2027
Learning Objectives
- Identify the latest developments in federal taxation for individual taxpayers
- Recognize and apply recent developments to year-end tax planning
- Identify open tax questions and what to do now
- Recognize strategies for individuals to minimize their tax bill
- Prepare for tax changes in 2027
Level
Update
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
A basic understanding of tax preparation.
Advance Preparation
None
Instructor
Barbara Weltman
Barbara Weltman, JD, has written extensively on a wide variety of tax, small business, and financial planning matters for both professionals and the general public. The Wall Street Journal called her “the guru of small business taxes.” She is the author of a number of self-study programs for CCH. She is publisher of Big Ideas for Small Business® and Idea of the Day® found at www.BigIdeasForSmallBusiness.com and is a guest blogger for the SCORE and many other sites. Ms. Weltman is a graduate of Brooklyn Law School.