This comprehensive update examines how OBBBA reshapes education benefits, dependent-related provisions, charitable giving, disaster losses, and employer-provided benefits. Recorded on January 21, 2026, this course covers how these rules apply to both 2025 and 2026 tax years, helping participants navigate evolving eligibility, documentation, and reporting standards.
Key topics include expanded 529 plan uses, new scholarship credits and income exclusions, enhanced dependent care and adoption credits, revised casualty loss rules, and permanent changes to employer-provided education and student loan assistance. The course also addresses new identification and reporting requirements that impact education credits and dependent-related claims, helping reduce processing issues and rejected claims.
Learning Objectives
Upon completion, participants will be able to:
- Apply expanded 529 plan rules and education-related credit requirements for 2025 and 2026
- Interpret new scholarship credit provisions and income exclusion rules
- Evaluate dependent care, adoption credit, and employer-provided benefit changes
- Identify new casualty loss and disaster-related deduction standards
- Apply updated documentation and identification requirements for education and dependent benefits
This course counts for 2 Hours of Federal Tax Law for IRS Continuing Education.
About the Presenter:
Doug Stives is considered a worldwide leader in public and management accounting by AICPA & CIMA. He is a CPA, MBA, and recently retired professor of Accounting at Monmouth University and a professional speaker at many organizations and conferences. Doug was honored as Monmouth's Outstanding Business Professor of the Year in 2009, 2016, and 2024 and was awarded an Outstanding Educator award in 2021 by the New Jersey Society of CPAs. Frequent media exposure includes The Wall Street Journal and other national publications and television, including CNN, CNBC, PBS, NBC, Fox, CBS, ABC, and several cable networks. Doug was once dubbed as the "Most Tax Efficient Man in America" by the Wall Street Journal.
