One year after passage of the One Big Beautiful Bill Act (OBBBA), many of its most important provisions continue to evolve through Treasury regulations, IRS guidance, and draft tax forms.

This advanced update, recorded on July 23, 2026,  explores how recent IRS interpretations affect tax planning, client advisory services, and return preparation. Topics include the latest developments involving the Tips Deduction, Qualified Overtime Deduction, reporting through Forms W-2 and 1099-K, Trump Accounts, gift tax planning, updated mileage rates, Automatic Exemption from Penalty (AEP), and the IRS's emerging guidance on Artificial Intelligence and Circular 230.

The course emphasizes practical application rather than theory, helping experienced tax professionals understand how recent guidance changes planning opportunities and compliance responsibilities.

If you've been following OBBBA since its passage, this course provides the next chapter by explaining what's changed and why it matters.

This course qualifies for 2 Hours of Federal Tax Law Continuing Education for IRS CE.

Learning Objectives

Upon completion, participants will be able to:

• Evaluate recent IRS guidance affecting OBBBA provisions.
• Analyze eligibility requirements for the Tips and Overtime deductions.
• Explain recent reporting changes involving Forms W-2 and Forms 1099.
• Identify planning opportunities involving Trump Accounts and gift tax rules.
• Discuss IRS expectations regarding Artificial Intelligence and practitioner responsibilities.
• Apply recent IRS guidance to improve client planning strategies.

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

Is this an introductory course?

No. This course assumes you're familiar with the original legislation and focuses on recent IRS guidance and practical application.

Will the course discuss planning opportunities?

Yes. Several topics address how IRS guidance may affect planning strategies for individuals and businesses.

Does this include recent Treasury regulations?

Yes. The course reviews Treasury regulations and IRS guidance issued after OBBBA became law.

Will AI guidance be covered?

Yes. The course discusses the IRS's recent recommendations regarding responsible AI use, Circular 230, privacy, and practitioner oversight.

Is this course updated for the latest IRS guidance?

Yes. The presentation, recorded on July 23, 2026,  includes the newest IRS guidance available at the time.