Webcast
IRS Targets Abusive CRAT Transactions
By: The IRS now treats specified CRAT deals as listed transactions. Learn the low-basis pattern to screen for and the disclosure rules.
Trump Accounts Go Automatic: What Parents & Guardians Need to Know
& Starting October 1, Treasury opens Trump accounts automatically. Learn why the account is only a shell until parents claim and activate it.
IRS Raises the Standard Mileage Rate at Midyear
For the first time since 2022, the IRS raised the mileage rate midyear. 2026 now has two rate sets, so mileage logs must split at June 30.
IRS Clarifies the 2026 “No Tax on Overtime” Rules
The no-tax-on-overtime deduction covers only the extra half of time-and-a-half. Learn the limits and why Box 12 Code TT is now the ceiling.
2026 Gain Can Still Reach a 2027 Opportunity Fund
For clients selling appreciated property in late 2026, waiting to fund a QOF until 2027 buys a bigger step-up per Notice 2026-40.
A Missing Sentence Costs a $4.42 Million Deduction (Wells v. Comm., T.C. Memo 2026-49 (June 10, 2026)
Wells v. Comm. shows how a picture-perfect donation loses a $4.42M deduction over one missing line. See the CWA rules and penalty escape.
One Missing W-9 Can Trigger Two Years of Backup Withholding
By: Final regs set when payment apps must backup withhold on sellers. A missing W-9 can trigger withholding that carries into the next year.
Disaster Casualty Losses and Wildfire Relief Payments Finally Land in the Code
Disaster casualty loss relief is finally in the Code, retroactive to 2025. Learn the AGI-floor bypass, the non-itemizer deduction and 139M.
Student Loan Payments and the 401(k) Match: An Opportunity to Help Employer Clients
By: Help employer clients keep workers’ retirement match intact. Learn how SECURE 2.0’s student loan match and IRC 127 assistance work together.
The 2026 Social Security Trustees Report
The 2026 Trustees Report is the first to absorb OBBBA. Learn what changed on the tax side and how to talk clients back from the headlines.
The California Refund Theory That Never Had a Chance (Kim v. United States, No. 1:26-cv-00157 (Fed. Cl. May 21, 2026)
The state-citizen-only tax dodge resurfaces in Kim v. United States, and the court dismisses it as legally frivolous. Here’s why it failed.
Certified Management Accountant (CMA) Requirements
By: Your guide to earning the CMA, from the education and experience requirements to the two-part exam, fees and IMA registration steps.
Employer Contributions to Trump Accounts: Proposed Regulations Tell Employers How
Employers can now fund Trump accounts up to $2,500 per employee tax-free. Proposed regs spell out the plan rules and testing requirements.
Enrolled Agent CE Requirements: IRS CPE Rules for EAs
Learn how many CE hours enrolled agents need, the 3-year cycle, the annual minimum, the 2-hour ethics rule, and how to report hours to the IRS.
First-Time Penalty Abatement Is Being Replaced
First Time Abate is going away. The new Automatic Exemption from Penalty grants relief without a call, but transition-year notices need attention.
FinCEN Makes It Permanent: No More BOI Reporting for U.S. Companies
FinCEN’s final rule permanently ends BOI reporting for U.S. companies and will delete filed data. Learn what still applies to foreign entities.
Saver’s Match Replaces the Saver’s Credit in 2027
Starting in 2027, the Saver’s Credit becomes real money. Learn how the 50% Saver’s Match works, who qualifies and the testing-period withdrawal trap.
California Corner: California Clarifies When a Discretionary Trust Becomes Taxable
By: FTB Legal Ruling 2026-01 clarifies when California can tax an out-of-state trust with a resident beneficiary. Timing of the distribution is everything.
The Tax Practitioner’s Role in Preventing Medicaid Gifting Mistakes
The gift tax annual exclusion is no Medicaid safe harbor. Learn how routine gifts trigger the 60-month lookback and how to flag the trap in time.
Seven Million Trump Accounts and Counting — A Gift Tax Safe Harbor and Stock Donation Announcement
Trump accounts are live and a new IRS safe harbor spares most cash gifts from Form 709. Learn the five requirements and why stock gifts need caution.