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

COURSE DESCRIPTION:

Stay current on recent federal tax developments, IRS updates, proposed regulations, and court decisions affecting tax professionals and their clients. This course covers the Federal Disaster Tax Relief Certainty Act, the IRS transition from FIRE to IRIS for information-return filing, pending Employee Retention Credit matters, proposed Opportunity Zone reporting requirements, and proposed federal rules addressing the taxation of remote workers. The course also reviews practical tax questions involving inherited IRAs, foreign tax credits, Section 1031 exchanges, the Section 121 exclusion, legal expenses, and gift tax, along with a recent FBAR court decision and a pandemic relief fraud case. 

LEARNING OBJECTIVES: 

• Identify key provisions of the Federal Disaster Tax Relief Certainty Act affecting qualified disaster losses and wildfire relief payments.

• Explain the IRS transition from the FIRE system to IRIS and identify steps practitioners should take to prepare for the 2027 filing season.

• Recognize recent developments involving Employee Retention Credit claims and proposed Opportunity Zone reporting requirements.

• Describe current federal legislative proposals affecting the taxation of remote workers.

• Apply federal tax rules to selected practitioner issues involving inherited IRAs, foreign tax credits, Sections 1031 and 121, legal expenses, and gifts.

• Recognize recent enforcement developments involving FBAR penalties and pandemic relief fraud

Field of Study: Taxes
CPE Credit: 1.0 hour
Delivery Method: Group

Field of Study: Federal Tax Law
CE Credit: 1.0 hour
IRS Program Number: VP8T3-T-00588-26-O

Field of Study: Federal Tax Law
CE Credit: 1.0 hour
CTEC Course Number: 1044-CE-05418

Course Material: A copy of the course material is available for download under the Additional References tab.

Refund Policy: Your complete satisfaction is our #1 priority. At CountingWorks, Inc., we do whatever it takes to make sure your expectations are met on every order we complete. We back all of our products with a 10-day no-hassle money-back guarantee. For information regarding refunds, complaints, and program cancellation policies, please contact our Customer Service Department at 1-800-384-1101

Certified Public Accountants: CountingWorks, Inc. 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 final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. 

Registration: Sign-up online by clicking add to cart above or by phone at 1-800-384-1101