1040 Tax In Dpeth
Irs Number: Pending
Product Description
Identify the key individual tax provisions of the One Big Beautiful Bill Act effective for 2026, including the No Tax on Tips, No Tax on Overtime, auto loan interest, and senior bonus deductions, along with their dollar limits and MAGI phase-outs.
Apply the final IRS regulations on qualified tipped occupations and qualified overtime compensation, including new W-2, 1099, and Schedule 1-A reporting requirements.
Recognize the 2026 changes to itemized deductions, including the $40,400 SALT cap, the 0.5% AGI charitable floor, reinstated mortgage insurance premiums, and the expanded two-page Schedule A.
Summarize the OBBBA's savings and education provisions, including Trump Accounts, expanded 529 distributions, ABLE account changes, and the new Federal Scholarship Tax Credit.
Explain the permanent extension and modification of the Qualified Opportunity Zone program and its planning implications for 2026 and beyond.
Differentiate Pre-Enactment from Post-Enactment QSBS under Section 1202, and apply the new $15 million gain exclusion cap, $75 million gross asset ceiling, and tiered 50%/75%/100% holding-period exclusions.
Determine when a loss on small business stock qualifies for ordinary loss treatment under Section 1244, calculate the annual $50,000/$100,000 limits, and properly report the loss on Form 4797.course explains the entirety of individual new OBBBA law changes with 8 hours of new tax law. We then spend 8 hours reviewing and explaining compliance issues for foreign reporting, retirement, dependent care, form 1040 reporting items, security requirements & WISP, itemized deductions, sole proprietors, capital gains and all other major individual tax return topics.
Zoom: Important Information - you will receive a confirmation email which includes a registration link to the Zoom webinar, within 5 days of your course start date. You must also register in Zoom so that you will receive the unique Zoom link. VSTAP is unable to do this for you because of how Zoom works and for tracking purposes. The link to the materials is also provided in your confirmation email.
Registration Deadline January 17, 2027
Schedule
Jan 18-19, 9:00 AM - 5:00 PM EST
Attendee Requirements: Earn Live CPE credit. You must have a high-speed internet connection, speakers connected to your computer, headphones or call in for audio and a monitor. If you have more than 1 person PAID FOR and REGISTERED for the streaming webinar and all would like to watch from the same computer, please complete the Proctor Form and return to us AFTER completion of the webinar in order to receive CPE credit.
Additional Information
- Credit Hours: 16
- Field of Study: Taxes
- Program Level: Intermediate
- Designed for: Accountants, Tax Professionals, CPAs, EAs, Finance Professionals, Attorneys
- Prerequisites: None
- Advanced Preparation: None
- Instructional Method: Group Internet Based
- Approved by: NASBA & IRS
Disclaimer
Fees and Schedule - This TaxSpeaker Internet-Live webcast will begin and end promptly at stated time. Attendees must answer 75% of all polling questions given during the day to obtain the full hours of CPE Credits.
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