Don Farmer's Individual Income Tax Workshop
Overview
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In this timely update, we’ll walk through the provisions taking effect in 2026, along with important IRS guidance, recent court decisions and inflation-adjusted amounts that impact planning and compliance. We’ll focus on the developments that matter most when preparing returns and advising clients.
Delivery Method: Group internet-based
CPE Credit: Taxes
Program Level: Update
Virginia Society of CPAs is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Highlights
- Legislative and inflation updates.
- Key credits and deductions.
- Retirement and investment planning.
- SALT and high-income taxpayer planning.
- Energy and clean credit developments.
- Digital assets and information reporting.
- Health care and fringe benefits.
- IRS enforcement and compliance trends.
- Proactive tax planning strategies.
Prerequisites
Experience with at least one tax season.
Designed For
CPAs and tax professionals with a general understanding of individual and business taxation involved in preparation or review of tax returns or providing tax planning advice to individuals or businesses.
Objectives
Upon completion of this course, participants will be able to:
- Identify significant federal tax law changes impacting 2026 individual income tax return preparation.
- Analyze inflation-adjusted provisions affecting rates, deductions, exemptions and credits.
- Evaluate changes to key individual tax credits, deductions and phaseout rules.
- Recognize emerging IRS enforcement initiatives and audit focus areas.
- Apply planning strategies for income timing, deductions and credit optimization.
- Assess reporting requirements for digital assets and information returns.
- Integrate recent legislative and regulatory guidance into practical client planning.
Preparation
None
Non-Member Price $509.00
Member Price $384.00