Individual and Business Updates

Stay current on the latest federal tax developments affecting the upcoming filing season. We’ll walk through key legislative updates, new and revised IRS guidance, and relevant form and procedure changes that impact individual and business returns. We’ll also highlight common filing pitfalls, deadlines, and practice considerations so we can apply the updates efficiently and confidently in our day-to-day work.

Objectives

Upon completion of this session, you will be able to:

• Identify major federal tax law changes and IRS guidance that affect preparation of 2026 tax returns
• Apply current year inflation-adjusted amounts, thresholds and limitations when preparing returns for the upcoming filing season
• Explain updates to IRS forms, schedules, and instructions that affect return preparation and compliance requirements
• Recognize procedural updates such as due dates, extensions, e-filing requirements, and IRS communications that affect client service and workflow
• Evaluate common compliance risk areas and documentation expectations for key deductions and credits when filing 2026 tax returns

CPE