Recorded on December 30th, 2025, this federal tax law update is built on IRS guidance issued at the end of 2025 and provides essential instruction applicable to both 2025 and 2026 tax years. The course delivers a structured, compliance-focused review of major statutory and administrative changes, with particular attention to documentation, reporting accuracy, and practitioner due diligence.

The course examines the OBBBA deductions for qualifying tips and overtime, including eligibility standards, exclusions, and how transitional reporting relief applies to 2025 returns. Participants gain clarity on how and why reporting changes in 2026, including new W-2 and information return codes, and what those changes mean for proper return preparation and review.

Additional topics include Trump Accounts and contribution limits, the $6,000 senior exemption, auto loan interest deductions, ethics considerations under Circular 230, and recent court cases demonstrating the consequences of improper reporting. The course emphasizes careful interpretation of IRS guidance, particularly in areas where reporting forms lag behind statutory changes.

Designed to support professionals operating under state-regulated education and compliance standards, this recorded session helps participants apply late-year IRS guidance accurately, reduce risk exposure, and transition smoothly into 2026 reporting requirements.

Learning Objectives

After attending this webinar, participants will be able to:

• Apply IRS guidance issued at the end of 2025 to both 2025 and 2026 tax returns
• Determine when tips and overtime qualify for federal deductions and when they do not
• Identify reporting differences between transitional 2025 rules and mandatory 2026 requirements
• Recognize documentation and due diligence issues arising from incomplete income reporting
• Analyze recent court cases and ethics updates affecting compliance and return accuracy

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. 

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.