Tax season brings more than just forms and deadlines; it brings real-world questions, unexpected situations, and high-impact decisions for taxpayers. The 2-hour Tax Season Problem-Solving, with Live Q&A webinar, is designed to help tax professionals navigate the issues that come up most often during filing season and beyond.
In this practical, scenario-driven session, Doug Stives will walk through common tax challenges and planning opportunities that affect individuals, retirees, and business owners alike. Topics include managing tax balances due, avoiding underpayment penalties, handling extensions properly, understanding retirement contribution and distribution deadlines, and identifying deductions and credits that are often overlooked. This webinar counts for 2 Hours of Federal Tax Law for IRS Continuing Education.
The session will also cover complex but increasingly common areas such as home office rules, reporting foreign accounts using FinCEN Form 114 (FBAR), Medicare IRMAA thresholds for 2026, and how to approach business losses. Throughout the presentation, Doug will focus on clarity, decision-making, and practical application.
To close the webinar, attendees will participate in a full one-hour live Q&A, giving you the opportunity to ask your most pressing tax questions and gain insights based on real-life scenarios.
Learning Objectives
After attending this webinar, participants will be able to:
- Identify options available when taxpayers owe a significant amount of tax
- Apply strategies to help taxpayers avoid or reduce underpayment penalties
- Evaluate eligibility for child and other dependent credits
- Handle filing extensions confidently and understand related deadlines
- Determine deadlines for IRA and other retirement plan contributions
- Apply home office rules correctly for eligible taxpayers
- Understand how and when to report foreign accounts using FinCEN Form 114 (FBAR)
- Interpret Medicare IRMAA income thresholds for Part B and Part D for 2026
- Analyze business losses and their potential tax impact
- Determine when retirees must begin taking required minimum distributions (RMDs)
- Recognize commonly missed deductions and credits
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.
