Webcast
IRS Notice 2025-69: Understanding New Guidance on No Tax on Tips and Overtime
By: The IRS has issued new guidance for individuals who qualify for tip and overtime deductions through 2025-2028.
IRS Notice 2025-71: Breaking Down the Agricultural Loan Interest Exclusion
The IRS issued guidance on the new 25% agricultural loan interest exclusion, establishing an 80% safe harbor and streamlined compliance rules for qualifying lenders.
The IRS Announces Its Modernized e-File (MeF) Production Shutdown Schedule
By: The IRS has extended its annual e-file system shutdown to December 26, 2025, when the Modernized e-File system will stop accepting new individual and business tax return submissions at 11:59 a.m. ET.
IRS Announces Increases to 2026 Retirement Plan Contribution Limits
The IRS has announced their annual increases to retirement plan contribution limits for 2026.
AI in Accounting: 5 Ways to Incorporate AI into Your Firm
AI is only becoming more prevalent as a resource in the tax and accounting industry. Here are 5 ways that AI in accounting can change your practice.
IRS Grants Penalty Relief for 2025 Tax Year Reporting on Tips and Overtime
On November 5, 2025, the Treasury Department and IRS announced penalty relief from One, Big, Beautiful Bill Act’s (OBBBA) reporting requirements for deductions on tips and overtime.
Wrong Signature Invalidates Assessment Window (CCA 202505027)
By: What happens when a CFO signs Form 872-M without being the designated Partnership Representative? A significant loss of assessment authority by the IRS.
IRS Security Recommendations for Tax Professionals: Essential Protection Strategies for 2025
& Cybersecurity threats are getting more sophisticate, regularly targeting firms. Learn how to keep your practice safe with security protocols.
Estate Deduction Denied: Eleventh Circuit Reinforces Scrutiny of Family Transfer Arrangements (Estate of Spizzirri v. Comm., No. 23-14049 (11 Cir. 2025))
By: An estate deduction goes awry when the Eleventh Circuit determined that the deduction did not meet the “bona fide” requirement under Section 2053.
California Corner: California Advances Internal Revenue Code Conformity Date
By: On October 1, 2026 Governor Gavin Newsom signed SB 711 (McNerney, Stats. 2025, Ch. 231) advancing California’s “specified date” for conforming to the Internal Revenue Code (IRC) to January 1, 2025.
Ranch Springs v. Commissioner: Tax Court Rejects $25 Million Conservation Easement Valuation (Ranch Springs, LLC v. Comm. (164 T.C. No. 6, March 31, 2025)
A charitable contribution deduction of $25.8 million on a syndicated conservation easement (SCE) is denied by the Tax Court when valuation and appraisal methods are proven to be insufficient.
Why Partnership Basis Records Matter for Your Clients (Thomas W. Langlois v. Comm., TCM 2025-12)
Claiming partnership losses without sufficient partnership basis records comes with consequences when the Tax Court rules in Langlois v. Comm.
How to Become a Tax Preparer: A Complete Guide
Millions of taxpayers rely on tax preparers to keep them out of trouble with the IRS. This essential guide will show you how to become a tax preparer.
What is the IRS’s Annual Filing Season Program (AFSP)?
Interested in the IRS’s Annual Filing Season Program (AFSP)? We’ll break down everything you need to know about the AFSP.
What is CPE in Accounting? A Complete Guide to Continuing Professional Education
What is CPE in Accounting? We’ve got the answer. Learn everything you need to know and more about accounting CPE.
The One, Big, Beautiful Bill Act and ACA: Congress Skips Premium Subsidies, Setting Up 2026 Health Cost Spike
The One, Big, Beautiful Bill Act did not extend ACA premium subsides, meaning clients purchasing marketplace insurance will see premium increases in 2026.
When is Depreciation Allowed for Converted Rental Property? (Sherman Derell Smith v. Comm., (TCM 2025-24))
Tax Court weighs in on claiming depreciation for a property converted from personal to rental use in Derell Smith v. Comm., (TCM 2025-24).
The One, Big, Beautiful Bill Act’s Changes to 529 Plans
529 plans have been transformed under the One, Big, Beautiful Bill Act, expanding the definition of “qualified” expenses for K-12 and adding qualifying credential programs for postsecondary education.
Time to Review Tax Planning: The One, Big, Beautiful Bill Act Raises the SALT Limit
The One, Big, Beautiful Bill Act raised the SALT limit, granting much needed relief to taxpayers in high-property-tax states.
Franchise Tax Board Announces New Online Revivor Application
A new online revivor application has been launched by the Franchise Tax Board of California.