These monthly update courses provide an opportunity to stay on top of developments that directly and indirectly affect your clients and practice. The focus is on key guidance from legislation, tax agencies and the courts that represent new interpretations, as well as guidance on new laws.
Join tax expert, Annette Nellen, as she emphasizes the updates most relevant to individuals and small businesses. This course will cover federal developments and issues, as well as key state and multistate changes likely to have a broad impact. We encourage you to register each month to stay on top of the constant change in tax guidance, build a strong foundation for tax planning, and identify possible practice development areas.
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2029 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: June 2026
Designed For
Practitioners at all levels looking for a way to efficiently stay on top of key federal and state developments of most relevance to individuals and small businesses.
Topics Covered
- Recent OBBBA guidance including Trump Accounts, the JCT Bluebook, and technical corrections
- More from the National Taxpayer Advocate on possible refund claims underKwong decision
- Recent cases andon crypto staking, hobby losses, documentation of charitable contributions, alter ego doctrine, worker classification, validity of extension request, and more
- IRS notice on qualified long-term care under SECURE 2.0 Act
- Latest on digital asset taxation legislation
- OPR information on safeguarding your credential
- Select multistate developments, including tax vs. fee
- Legislative proposals
- And more
Learning Objectives
- Identify recent federal tax law developments, including updates related to OBBBA guidance, the JCT Bluebook, and technical corrections, and evaluate their relevance to tax planning
- Analyze key judicial decisions affecting taxation, including cases involving crypto staking, hobby losses, charitable contribution documentation, worker classification, and related tax controversies
- Evaluate IRS guidance and regulatory updates, including notices under the SECURE 2.0 Act and developments impacting qualified long-term care arrangements
- Identify current developments in digital asset taxation and legislative proposals to determine potential implications for compliance and advisory services
- Identify National Taxpayer Advocate insights and relevant rulings (including Kwong) to determine opportunities for refund claims and taxpayer advocacy strategies
- Differentiate between key multistate tax developments, including distinctions such as tax versus fee classifications, and their impact on individuals and small businesses
- Apply best practices for safeguarding professional credentials and maintaining compliance with OPR requirements in tax practice
- Explain how to integrate recent legislative and administrative updates into tax planning strategies to identify risks, opportunities, and areas for practice development
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
Basic understanding of tax preparation.
Advance Preparation
None
Instructor
Annette Nellen
Annette Nellen, CPA, CGMA, Esq., is a professor in and director of San Jose State University's graduate tax program (MST), teaching courses in tax research, accounting methods, property transactions, advanced individual taxation, employment tax, ethics, leadership, and tax policy.
Annette chairs the AICPA Digital Assets Tax Task Force and serves on the AICPA Disaster Relief Tax Task Force. She formerly served on the AICPA Tax Executive Committee, including 2.5 years as chair. She was the lead author of the AICPA tax policy concept statement #1, Guiding Principles of Good Tax Policy: A Framework for Evaluating Tax Proposals (2001, updated 2017), still in use today. Annette is also active with the tax sections of the ABA, CalCPA and California Lawyers Association. Annette is the recipient of the 2013 Arthur J. Dixon Memorial Award given by the Tax Division of the AICPA, the highest award given by the accounting profession in the area of taxation. In 2019, Annette was the recipient of the CLA’s Benjamin F. Miller Award for outstanding achievement and contribution in the field of state and local taxation law. Annette was included in Accounting Today's 2024 List of the Most Influential People in Accounting.
Annette is a regular contributor to Tax Notes State, authoring a column called Moving Forward? She is the author of Bloomberg BNA Tax Portfolio #533, Amortization of Intangibles. She is co-author and co-editor of four tax textbooks from Cengage. Annette has testified before the House Ways & Means Committee, Senate Finance Committee, California Assembly Revenue & Taxation Committee, and tax reform commissions and committees on various aspects of federal and state tax reform. She maintains the 21st Century Taxation website and blog (www.21stcenturytaxation.com). Prior to joining SJSU in 1990, Annette was with Ernst & Young and the IRS.