November 2026 Tax Update and Planning Strategies MicroCast - 1 Hour CPE

November 2026 Tax Update: Emerging Tax Rules, IRS Guidance & Court Decisions

COURSE DESCRIPTION:

Stay current on recent federal tax developments, IRS guidance, proposed legislation, and court decisions affecting tax professionals and their clients. This course covers stablecoins, Offers in Compromise following a taxpayer's death, bonus depreciation elections, automatic Trump Account enrollment, the new federal scholarship tax credit, proposed Saver's Match enhancements, Taxpayer Advocate developments, and potential immediate expensing for domestic AI development. The course also examines GAO estimates of tax fraud losses, business interest limitations, tax attribute carryovers following a spouse's death, recent Tax Court decisions, and federal tax fraud enforcement initiatives.

LEARNING OBJECTIVES:

• Identify recent federal tax developments involving stablecoins, Trump Accounts, and the new federal scholarship tax credit.

• Explain the treatment of Offers in Compromise following a taxpayer's death and relief for missed bonus depreciation elections.

• Recognize proposed Saver's Match enhancements, Taxpayer Advocate developments, and GAO findings on federal tax fraud.

• Describe the potential deductibility of domestic AI development expenses and the application of business interest limitations.

• Identify the treatment of tax loss and credit carryovers following a spouse's death.

• Summarize recent Tax Court decisions and federal tax fraud enforcement initiatives.