This course provides a practical and detail-rich exploration of tax updates and planning approaches affecting individuals with wages, tips, childcare costs, education expenses, retirement accounts, rental properties, and multi-state filing considerations. The material emphasizes clarity, compliance, and real-world application, ensuring learners are prepared to address federal rule changes.
The session breaks down newly introduced deductions, expanded education-related tax benefits, upcoming charitable contribution rules, retirement account hazards, and rental property complications, topics that often surprise taxpayers and require careful documentation and preparation. It also highlights deductions that do not reduce AGI, upcoming changes that begin in 2026, and temporary OBBB provisions that sunset in 2028.
Although complementary to other middle-income courses, this training delivers deeper guidance on the nuances practitioners must understand, and it functions entirely as a standalone educational experience.
Learning Objectives
By the end of this course, learners will be able to:
- Correctly apply the new overtime and tip deduction rules, including which amounts qualify, which don’t, and how phaseouts work.
- Evaluate standard vs. itemized deductions under the 2026 charitable contribution changes, including AGI-based limitations.
- Identify IRA basis and Roth conversion risks, including aggregation rules and how basis ratios affect taxability.
- Use expanded 529 plan rules to recognize newly qualifying K–12, CE, and credentialing expenses available beginning 2025–2026.
- Assess tax consequences of rental property sales, including depreciation recapture, Section 121 considerations, and proper 1031 exchange requirements.
This course counts for 2 Hours of Federal Tax Law for IRS Continuing Education.
About the Presenter:
Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert, and a well-known presenter of continuing education courses.
Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics, and much more.
