Federal tax guidance continues to evolve as the IRS implements the One Big Beautiful Bill Act (OBBBA). This timely update, recorded on July 23, 2026, reviews the newest IRS guidance affecting tax return preparation, reporting requirements, and client planning for the current filing season.
The course covers qualifying Tips and Overtime deductions, Forms W-2 and 1099 reporting, revised mileage rates, Automatic Exemption from Penalty (AEP), Trump Accounts, gift tax guidance, draft IRS forms, and the IRS's latest recommendations for using Artificial Intelligence responsibly in a tax practice.
Designed for professionals who prepare individual and small business tax returns, this course explains not only what has changed but how to apply the latest federal guidance accurately and confidently.
Stay informed with practical examples and current IRS interpretations that can help reduce reporting errors and improve client service.
This course qualifies for 2 Hours of Federal Tax Law Continuing Education for IRS CE.
Learning Objectives
After completing this course, participants will be able to:
- Summarize major IRS guidance released following OBBBA.
- Apply current rules for qualifying Tips and Overtime deductions.
- Identify reporting requirements involving Forms W-2 and Forms 1099.
- Explain recent federal changes affecting mileage and penalty relief.
- Recognize current IRS guidance regarding Artificial Intelligence and taxpayer data protection.
- Apply recent federal tax guidance to everyday return preparation.
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.
He has presented dozens of webinars on Form 1099 (for 10 years on this subject!), marriage in the tax code, tax updates, the new Form W-4, payroll updates, filing status, tax credits, corporation and partnership taxation, and other issues relating to the modern-day setting.
Frequently Asked Questions
Will this course discuss current IRS guidance?
Yes. The course focuses on guidance released after OBBBA became law and explains its practical application.
Is this course useful for preparing individual tax returns?
Yes. Many of the topics directly affect individual taxpayers, wage earners, and self-employed clients.
Does the course include reporting updates?
Yes. You'll review reporting requirements involving Forms W-2, Forms 1099, and other recent IRS developments.
Will Artificial Intelligence be discussed?
Yes. The course explains the IRS's newest guidance on AI, practitioner responsibilities, data security, and Circular 230 considerations.
