Monthly Tax Update (February) - 2026
Author: Annette Nellen
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Law Updates for EAs and OTRPs
2 hours Federal Tax Updates for CTEC |
Tax rules continue to evolve rapidly, and staying current is essential for professionals advising individuals and small businesses. This monthly update course delivers a concise, practitioner‑focused overview of the most significant federal, state, and multistate tax developments shaping the 2026 filing season.
Participants will explore key guidance from Congress, the IRS, the courts, and state tax agencies—including new interpretations, administrative updates, and legislative changes that affect compliance and planning. With a special emphasis on issues relevant to practitioners serving individuals and small businesses, this course provides practical insights, timely analysis, and emerging trends to help you stay ahead of constant change and identify opportunities for improved client service and practice development.
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Publication Date: February 2026
Designed For
This course is designed for tax professionals seeking an efficient and reliable way to stay current on key federal and state developments.
Topics Covered
- Recent OBBBA guidance
- Review of Trump Accounts and action for 2025 Form 1040
- Consolidated Appropriations Act, 2026
- TIGTA report on IRS's Readiness for the 2026 Filing Season
- Updates on 2025 tax forms and instructions and publications
- Expired and expiring provisions for 2025 through 2035
- Recent cases on research tax credit, ERC, tax treaties and individual income, tax procedures and more
- Highlights of National Taxpayer Advocate's Annual Report to Congress
- Gift tax return reminders
- Select multistate updates
- Legislative proposals
Learning Objectives
- Describe significant federal, state, and multistate tax cases and developments impacting individual and business taxpayers
- Identify key legislative, administrative, and judicial updates relevant to 2026 tax planning and compliance
- Recognize new and expiring tax provisions that may affect clients over the 2025–2035 period
- Evaluate IRS readiness updates, form changes, and agency guidance for the 2026 filing season
- Apply emerging trends, recent cases, and multistate developments to client engagements and practice planning
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
Basic understanding of tax preparation.
Advance Preparation
None
