2026 Annual Tax Season Update ON DEMAND
Available Until
Your Desk
9.0 Credits
Member Price $261.00
Non-Member Price $300.00
Overview
Each year, various limits impacting income tax return preparation and tax planning are affected by inflation-related changes. In addition, various new tax laws may be passed. This course will examine many of those changes.
The Annual Tax Filing Season Update course discusses new tax law and recent updates for the 2026 filing season, including the retroactive provisions of the One Big Beautiful Bill Act (OBBBA), impacting 2025 income. In addition, it provides a general tax review, and examines important rules governing tax return preparer ethics, practices and procedures.
Upon completion of this course, you should be able to:
Describe the tax law changes for 2025 affecting individual taxpayers brought about by passage of the One Big Beautiful Bill Act; Identify the principal individual income tax changes brought about by recent legislation; Apply the inflation-adjusted and other limits to the proper preparation of taxpayers’ income tax returns; Recognize the federal income tax filing statuses and the criteria for their use; Identify the types of income that must be recognized; Apply the tax rules to the various credits and adjustments to income that are available to taxpayers; Recognize the penalties that may be imposed on a preparer for failing to meet ethical and practice standards in preparing tax returns; and Identify the duties and restrictions imposed on tax preparers under Circular 230.
Highlights
One Big Beautiful Bill Act (OBBBA). New tax laws and recent updates. General income tax review. Practices, procedures and professional responsibility.
Prerequisites
None.
Designed For
CPAs, Enrolled Agents, and tax preparers.
Objectives
Identify the inflation and cost of living adjustments to various federal limits. Comprehend the 2025 individual taxpayer changes resulting from passage of the One Big Beautiful Bill Act (OBBBA), impacting 2025 income. Recognize the applicable optional standard mileage rates. Describe the Third-Party Network Transaction reporting requirements. Identify the salient features of the Direct File Pilot Program. Recognize the SECURE 2.0 Act provisions, and more.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Paul Winn, Western CPE
Paul Winn CLU ChFC is a writer with more than 30 years experience in the life insurance and securities industry as an agent/registered representative, an agency head, a marketing vice president for a life insurance company and the president of a corporate registered investment adviser. He was a long serving member of the advisory board to the New York State insurance department. He is a published book author and creator of more than 200 taxation, insurance and securities training courses.
Non-Member Price $300.00
Member Price $261.00