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2026 Federal Income Tax Changes Summary: Part 1

Stay current with the federal tax changes that affect your clients most directly. This course covers updated thresholds and inflation adjustments across various tax limits, modifications to key tax credits, and the latest PPACA-related tax...

2026 Federal Income Tax Changes Summary: Part 2

Retirement planning and major new legislation take center stage in this course. You'll explore updated rules for Archer MSAs, HSAs, and IRAs, then dig into the continuing impact of SECURE Act 2.0 on retirement savings...

One Big Beautiful Bill: 2025 Effective Provisions

Get up to speed on the immediate changes brought by the One Big Beautiful Bill Act. This course covers the key 2025 effective date provisions affecting both individual and business taxpayers, including energy-related changes for...

One Big Beautiful Bill: 2026 and Future Changes

Planning ahead is essential when major tax legislation reshapes the landscape for future years. This course focuses on the One Big Beautiful Bill Act provisions with 2026 and later effective dates, covering both individual and...

Divorce and Taxes: Filing Status, Alimony, and the Basics

Starting with the fundamentals, this section covers the core tax issues that arise when a marriage ends. You'll get an overview of how divorce affects a client's tax situation, then dive into the practical details...

Divorce and Taxes: Community Property and Property Settlements

When clients divorce in community property states—or transfer assets as part of a settlement—the tax implications can get complicated fast. This section helps you distinguish community from separate property, understand how federal tax law treats...

Divorce and Taxes: Dependent Claims and Child Care Credits

Figuring out who gets to claim the kids—and related tax benefits—is one of the most common sticking points in divorce tax planning. This section covers the rules for claiming dependents when parents are divorced or...

Divorce and Taxes: Innocent Spouse Relief

When a client is on the hook for a former spouse's tax liability, innocent spouse relief may be their best option—but navigating the rules requires careful attention to detail. This section walks through all three...

Divorce and Taxes: Retirement Benefits and Overall Costs

Retirement assets are often among the largest marital assets at stake in a divorce, and handling them correctly matters—both legally and tax-wise. This section covers IRA treatment in divorce, the rules governing Qualified Domestic Relations...

Death and Taxes: Estate, Gift, and Final Return Basics

Get a solid grounding in the tax rules that apply when someone dies. This course covers the fundamentals of federal estate and gift taxes, generation-skipping transfer tax, and state death taxes. It then walks through...

Death and Taxes: Survivors, Small Businesses, and Estate Planning

Losing a business owner can create significant tax and planning challenges for families and their advisors. This course explores tax benefits available to surviving family members and dives into estate planning strategies tailored to small...

Individual Income Tax: Income Part 1

Stay current with the latest tax law changes affecting individual returns. This course covers key 2025 and 2026 updates, SECURE 2.0 Act provisions, filing information, filing status options, dependent rules, and estimated tax requirements. It...

Individual Income Tax: Income Part 2

Covering some of the more complex income categories on individual returns, this course walks through rental income and expense rules, vacation home limitations, retirement plan distributions, pension and annuity taxation, and rollover rules. It also...

Individual Income Tax: Gains and Losses

Understanding property transactions is essential for accurate individual return preparation. This course covers how to determine and adjust the basis of property, the rules governing sales and trades, capital gain and loss treatment, and the...

Individual Income Tax: Adjustments Part 1

Get up to speed on individual retirement arrangements, including traditional IRAs, Roth IRAs, contribution limits, deductibility phase-outs, and the newly introduced Trump Accounts. This course also covers alimony rules, distinguishing between pre- and post-2018 divorce...

Individual Income Tax: Adjustments Part 2

Above-the-line deductions can significantly reduce a client's adjusted gross income, making them especially valuable in tax planning. This course covers educator expense deductions, student loan interest, and tuition and fees deductions. It also addresses other...

Individual Income Tax: Deductions Part 1

Knowing when to itemize—and what qualifies—is a core skill for individual return preparation. This course covers the standard deduction, including enhanced amounts for seniors and dependents, as well as detailed rules for deducting medical and...

Individual Income Tax: Deductions Part 2

Charitable giving and casualty losses are two areas where the rules can be nuanced and documentation requirements are strict. This course covers qualified organizations, deductible and nondeductible contributions, property donations, deduction limits, and recordkeeping best...

Individual Income Tax: Deductions Part 3

Rounding out itemized deductions, this course examines miscellaneous deductions, nondeductible expenses, and what remains deductible under current law. It then takes a deeper dive into the Section 199A qualified business income deduction for pass-through entities,...

Individual Income Tax: Figuring your Taxes and Credits

From figuring the actual tax liability to applying the right credits, this course covers it all. Topics include regular tax computation, the alternative minimum tax, kiddie tax rules, and a full range of credits—child and...

Deductions: Travel, Meals, Entertainment, and Gifts

Navigating deductions for travel, meals, entertainment, and gifts remains one of the trickier areas of tax practice. This course breaks down the rules for deducting travel expenses away from home, including temporary assignments, and clarifies...

Deductions: Car Expense and Vehicle Disposition

For tax professionals advising clients with business vehicle use, getting the details right on car expense deductions is essential. This course covers both the standard mileage rate and actual expense methods, helping you determine which...

Deductions: Recordkeeping, Reporting, and Form 2106

Even legitimate deductions can be lost without proper documentation. This course focuses on the recordkeeping standards required to substantiate employee business expenses and walks through the reporting process step by step. You'll learn where various...

Deductions: Home Office Rules, Methods, and Reporting

Home office deductions offer real tax savings, but the rules require careful attention. This course walks through the qualifications for deducting business use of a home, how to calculate the deduction under both the regular...

Education: Scholarships, Grants, and the American Opportunity Credit

Stay current on education tax benefits heading into 2025. This course covers the tax treatment of scholarships, fellowship grants, and tuition reductions, then dives into the American Opportunity Credit — including eligibility rules, qualifying expenses,...

Education: Life Time Learning Credits, Loans, and Savings Accounts

Covering four key education tax provisions, this course walks through the Lifetime Learning Credit, the student loan interest deduction, loan cancellation and repayment assistance exclusions, and Coverdell Education Savings Accounts. You'll learn eligibility requirements, what...

Education: 529 Plans, Bonds, and Business Deductions

Round out your education tax knowledge with this course covering Qualified Tuition Programs (529 plans), the IRA early withdrawal exception for education expenses, the Education Savings Bond Program, employer-provided educational assistance, and business deductions for...

Kiddie Tax Rules

Navigating the tax rules for dependents and children with unearned income can be tricky, and getting the details wrong can be costly. This course walks through filing requirements for dependents, the standard deduction, wage withholding,...

Individual Income Tax Credits: Part 1

Get a solid grounding in individual income tax credits, from the foundational rules of federal credits to the nuances of nonrefundable credits and energy-related incentives. This course walks through how credits reduce tax liability, which...

Individual Income Tax Credits: Part 2

Refundable and partially refundable credits can significantly impact a client's tax outcome—and they come with serious practitioner responsibilities. This course covers how refundable credits work, what makes them different from nonrefundable credits, and what due...

Residential Property Sales and Rental Taxation

Covering two of the most common real estate scenarios tax professionals encounter, this course walks through the tax treatment of home sales and rental property operations. You'll review how to calculate gain or loss, determine...

Short-Term Rentals: Tax Fundamentals

Get up to speed on how short-term rental hosts are taxed, including the special rules that can make some rental income completely tax-free. This course covers the foundational concepts every tax professional needs before advising...

Short-Term Rentals: Deductions, Repairs, and Depreciation

Dig into the nuts and bolts of deducting short-term rental expenses, from everyday operating costs to repairs and long-term asset depreciation. Understanding the distinction between a deductible repair and a capitalized improvement can make a...

Short-Term Rentals: Pass-Through Deductions and Income Reporting

Navigating the pass-through deduction and properly allocating expenses between personal and rental use are two of the trickier challenges in short-term rental taxation. This course covers the Section 199A deduction as it applies to rental...

Short-Term Rentals: 1099 Filing, Loss Deductions, and Recordkeeping

Rounding out the short-term rental taxation series, this course tackles the compliance and documentation side of the equation. Learn when short-term rental hosts are required to file Form 1099 information returns, how to handle rental...

Residential Rental Properties: Tax Fundamentals

A solid grounding in residential rental taxation, this course covers the full lifecycle of rental income and expenses, including depreciation, loss reporting, and the safe harbor election for small taxpayers. It also addresses special situations...

Residential Rental Properties: Installment Sales and Reporting

Installment sales add complexity to any real estate transaction, and getting the rules right matters. This course breaks down what qualifies as an installment sale, walks through the general and special rules that apply, and...

Residential Rental Properties: Passive Activity and At-Risk Rules

For tax professionals working with rental property clients, understanding passive activity and at-risk rules is essential to accurately determining deductible losses. This course covers the passive activity limits that apply to rental activities, the at-risk...

Landlords: Tax Deduction Foundations and Classifications

Before diving into specific deductions, tax professionals need a solid grasp of how landlord taxation works at a fundamental level. This course covers the essential building blocks of rental property tax deductions and walks through...

Landlords: Operating Expenses and Repairs

Two of the most common — and commonly misunderstood — deduction categories for landlords are operating expenses and repairs. This course examines what qualifies as a deductible operating expense and how to distinguish repairs from...

Landlords: Depreciation Basics

Depreciation is one of the most valuable tax tools available to landlords, yet it's often underutilized or misapplied. This course introduces the fundamental concepts of depreciation as they apply to rental property, giving tax professionals...

Landlords: Maximizing Depreciation, Pass-Through, and Interest Deductions

Some of the most impactful deductions available to landlords go beyond basic depreciation — and this course covers three of the most significant. You'll explore strategies for maximizing depreciation deductions, navigate the rules around the...

Landlords: Start-Up Costs, Home Office, and Transportation Deductions

Landlords who actively manage their properties often incur expenses that fall outside the obvious categories — and those deductions are easy to miss. This course covers three areas where that commonly happens: start-up expenses when...

Landlords: Travel, Hired Help, and Casualty Loss Deductions

Managing rental properties can involve significant travel, hired workers, and unexpected losses — all of which may generate valuable deductions. This course walks through the tax rules for deducting long-distance travel expenses related to rental...

Landlords: Additional Deductions and Rental Loss Rules

Rounding out the landscape of landlord deductions, this course covers additional credits and deductions that rental property owners may qualify for, along with the often-complex rules governing rental loss deductions. Understanding when and how losses...

Landlords: Record keeping, Schedule E, and Net Investment Income Tax

Accurate recordkeeping and proper reporting are what turn good tax planning into actual tax savings — and this course ties it all together. You'll cover best practices for recordkeeping and accounting in a rental property...

Tax Planning for Small Business: Part 1

Starting or winding down a business comes with significant tax implications that can catch small business owners off guard. This course covers the tax treatment of distributions from various business entities, along with practical strategies...

Tax Planning for Small Business: Part 2

Many small business clients operate more than one venture or run a side business alongside regular employment—each scenario creating its own set of tax challenges. This course addresses planning strategies for sideline and multiple business...

Tax Planning for Small Business: Part 3

From filing deadlines and refund claims to IRS audits and succession planning, the back-end of small business tax work requires careful attention to process and timing. This course walks through best practices for filing returns...

Partnerships: Fundamentals and Basis

Get grounded in the essentials of partnership taxation. This course covers what qualifies as a partnership, how partnerships differ from other business entities, and the rules governing partnership formation. You'll also work through the computation...

Partnerships: Interests, Income, and Startup Costs

Dig into two critical areas of partnership taxation: compensatory partnership interests and the calculation of partnership income. This course walks through the tax treatment of interests received for services, then shifts to how partnership income...

Partnerships: Calculation, Character and Presentation of income

Understanding how income retains its character as it flows through a partnership is essential for accurate tax reporting and client planning. This course examines how different types of income, gain, loss, and deduction are characterized...

Partnerships and LLCs: Income Allocations and Contributed Property

Understanding how partnership income is allocated among partners is fundamental to avoiding costly tax mistakes. This course covers the substantial economic effect requirement under the partnership allocation rules, including how LLCs are affected in practice....

Partnerships and LLCs: Allocation Limits and Debt Allocation Rules

Two essential areas of partnership taxation come together in this course: additional limitations on partnership allocations and the rules governing a partner's share of partnership debt. Practitioners working with partnerships and LLCs will explore how...

Partnerships and LLCs: Deductibility Limits on Losses

Loss limitations are among the most practical and frequently encountered issues in partnership taxation. This course focuses on the rules that restrict a partner's ability to deduct partnership losses, including how those limitations apply in...

Partnership Taxation: Related Party Transactions and Disguised Sales

Related party transactions and disguised sales are among the most scrutinized areas in partnership taxation. This course breaks down the rules that recharacterize what might look like a contribution or distribution into a taxable sale,...

Partnership Taxation: Death, Retirement, and Liquidating Distributions

When a partner dies or retires, the tax consequences can be complex and easy to mishandle. This course walks through the rules governing liquidating payments, including how partnerships and LLCs handle buyouts, what happens when...

Partnership Taxation: S Corporation Considerations in Planning

Not every business fits neatly into one entity type, and practitioners often need to understand how S corporation rules intersect with partnership and LLC structures. This course focuses on planning strategies and key distinctions that...

Electing S Corporation Status and Eligibility Requirements

Thinking about advising a client on S corporation status? Start here. This course covers the key tax considerations involved in making an S corporation election and walks through the requirements a business must meet to...

S Corporation Shareholders, Elections, and Filing Requirements

Not every trust or entity can hold S corporation stock — and the filing rules around elections and returns leave little room for error. This course explores which trusts qualify as S corporation shareholders and...

S Corporation Accounting Methods, Tax Years, and Income

Getting the accounting and income reporting right is fundamental to S corporation compliance. This course examines the accounting methods and tax year options available to S corporations, then dives into how income and loss are...

Employer's Guide to Fringe Benefits

Get a solid foundation in employer-provided fringe benefits, from the ground up. This course walks through the essential framework every payroll and tax professional needs: how fringe benefits are categorized, which exclusion rules apply, how...

Family Tax Liability, Fraud, and Payroll Tax Risks

Some of the most sensitive client situations involve family members, potential fraud exposure, or payroll tax liability. This course addresses innocent spouse relief, same-sex marriage tax considerations, and how to spot whether a client may...

Small Business Tax: Entities, Filing, and New Law

Starting with the sweeping changes introduced by the One Big Beautiful Bill signed July 4, 2025, this course covers what every small business advisor needs to know heading into 2026. From there, it walks through...

Small Business Tax: Employment and Worker Classification

Worker classification mistakes are among the costliest errors a small business can make. This course breaks down federal employment tax obligations and takes a close look at how the IRS distinguishes employees from independent contractors....

Small Business Tax: Accounting Methods and Property Sales

Choosing the right accounting period and method can have lasting tax consequences for small business clients. This course covers the rules governing both, then shifts to dispositions of business property—including how to identify the type...

Small Business Tax: Income, Gross Profit, and Credits

Understanding what counts as business income—and how to account for it properly—is essential for accurate small business returns. This course covers the general business credit, walks through the various categories of business income, explains what...

Small Business Tax: Deductions, QBI, and Recordkeeping

Deductions are where small business tax planning gets real. This course covers the full landscape of deductible business expenses—including travel, meals, home office, and timing rules—along with the limits and exclusions that can trip up...

Roth IRAs and Retirement Accounts

Get up to speed on the fundamentals of individual retirement accounts, including how traditional IRAs and Roth IRAs compare, eligibility and contribution rules, and the mechanics of conversions and recharacterizations. This course also covers Roth...

Financial Planning: Tax Treatment of Investment Income and Expenses

Understanding how investment income is taxed—and how to deduct related expenses—is essential for advising clients with portfolios of any size. This course covers interest income, dividends, discount on debt instruments, and stripped preferred stock, then...

Financial Planning: Home Sales, Rental Property, and Mutual Funds

Clients frequently ask about selling a home, renting out property, or investing in mutual funds—and the tax rules in each area have plenty of nuance. This course walks through gain and loss calculations on home...

Financial Planning: Business Entities, AMT, and Marriage Tax

Three important areas of tax planning come together in this course. First, explore the tax treatment of various business structures—LLCs, partnerships, C corporations, and S corporations—including relevant updates from the TCJA and the One Big...

Financial Planning: Employer-Sponsored Retirement Plans

Retirement plan options can be a significant tax planning lever for business-owning clients and their employees. This course provides a focused look at employer-sponsored plans, covering SEP plans, SIMPLE plans, and qualified plans. You'll gain...

Financial Planning: IRAs and Social Security Tax

Individual retirement arrangements and Social Security benefits are central to retirement income planning for most clients. This course covers traditional IRAs, Roth conversions, distribution rules, and the penalties that apply when prohibited transactions occur. It...

Financial Planning: Estate Taxes, Gift Taxes, and Survivor Benefits

Estate and gift planning touches nearly every high-net-worth client relationship, and the rules are more layered than they first appear. This course covers the federal estate tax, gift tax, and generation-skipping transfer tax, walking through...

Financial Planning: Insurance, Trusts, and Education Tax Benefits

Rounding out a comprehensive financial planning curriculum, this course covers three versatile planning tools. Life insurance and variable annuities are examined for their tax characteristics and practical trade-offs. Trusts are explored as flexible planning instruments,...

High Net Worth Individuals: TCJA, OBBBA, and Marriage Planning

Stay current on the tax law changes that matter most to high-net-worth clients. This course covers key provisions of the Tax Cuts and Jobs Act and the One Big Beautiful Bill Act as they apply...

High Net Worth Individuals: Outdated Estate Plans

Many estate plans put in place years ago no longer make sense under current law—and some may actually hurt clients by locking in unfavorable tax outcomes. This course focuses on basis planning strategies for fixing...

Recognizing Gain or Loss on Asset Dispositions

Understanding how to calculate and recognize gain or loss is foundational to advising clients on asset transactions. This chapter covers the core rules for sales and exchanges, including partial dispositions of MACRS property, abandonments, foreclosures,...

Nontaxable Exchanges, Capital Assets, and Related Rules

Not every asset disposition triggers a tax bill—and knowing when that's the case can make a real difference for your clients. This course covers like-kind exchanges, spousal transfers, qualified small business stock exclusions, DC Zone...

Section 1231 Property, Depreciation Recapture, and Reporting

Business asset sales come with their own set of rules—and getting them wrong can be costly. This course walks through Section 1231 gains and losses, depreciation recapture under the tax code, and how to accurately...

Installment Sales: Rules and Reporting Requirements

Installment sales offer clients a way to spread income recognition over time—but the rules governing them require careful attention. Covering what qualifies as an installment sale, how to apply the general and special rules, and...

Understanding Church and Minister Taxation: Part 1

Understanding the tax rules that apply to churches and religious organizations starts with knowing how tax-exempt status works—and how to protect it. This course covers the boundaries of political activity and issue advocacy, unrelated business...

Understanding Church and Minister Taxation: Part 2

Ministers face a uniquely complex tax situation—they're treated as employees for income tax purposes but self-employed for Social Security, and they may qualify for valuable housing exclusions. This course covers the self-employment tax exemption, net...

Virtual Currency Taxation: Core Concepts and Reporting

Get up to speed on the fundamentals of virtual currency and how the IRS expects it to be handled on tax returns. This course covers what virtual currency is, how it's classified, and the key...

Managing IRS Collections and Installment Agreements

When a client owes the IRS, knowing how to respond quickly and strategically can make all the difference. This chapter walks tax professionals through the IRS collection process, from ACS contacts and revenue officer interactions...

Tax-Exempt Orgs: The Basics of From 990 and Public Charity Life Cycle

Get up to speed on the essentials of Form 990, including its structure, filing requirements, and how it differs from Form 990-PF. This course also walks through the life cycle of a public charity, from...

Tax-Exempt Orgs: Completing 990 and Required Schedules

Dig into the practical side of preparing Form 990, starting with the summary page, signature block, and program service accomplishments section. This course covers proper sequencing of the form and guidance on completing the heading...

Tax-Exempt Orgs: IRS Compliance, Governance, and Management Reporting

Focused on two critical sections of Form 990, this course covers the statements regarding other IRS filings and tax compliance, as well as the governance and management section. Practitioners will learn how to accurately report...

Tax-Exempt Orgs: Compensation and Statement of Revenue

Compensation disclosure is one of the most scrutinized areas of Form 990, and this course breaks it down clearly. You'll learn how to complete the compensation sections for officers, directors, trustees, key employees, and highest-compensated...

Tax-Exempt Orgs: Functional Expenses, Balance Sheet, and Net Assets

Accurate financial reporting is at the heart of Form 990 compliance, and this course covers three key financial statements. You'll explore the Statement of Functional Expenses, learning how to allocate costs across program, management, and...

Tax-Exempt Orgs: Public Status and Public Support Testing

Schedule A is required for most public charities, and getting it right matters. This course provides a thorough overview of Schedule A, focusing on how organizations establish and maintain their public charity status and how...

Tax-Exempt Orgs: Contributors, Political Campaigns, and Lobbying Schedules

Schedules B and C address two sensitive areas of nonprofit reporting: contributor disclosure and political or lobbying activity. This course walks through the specific instructions for Schedule B, including which contributors must be listed and...

Tax-Exempt Orgs: Supplemental Financials, Schools, and Foreign Activities

Three important Form 990 schedules are covered in this course. Schedule D addresses supplemental financial statements, including endowment funds, conservation easements, and investments. Schedule E focuses on schools and their nondiscrimination policy requirements. Schedule F...

Tax-Exempt Orgs: Fundraising, Gaming, and Hospital Reporting

Fundraising and gaming activities generate unique reporting obligations, and Schedule G walks through them in detail. This course covers how to report fundraising events, professional fundraisers, and gaming activities, including the thresholds that trigger disclosure....

U.S. Tax Rules for Americans Living Abroad

Designed for tax professionals working with clients who live or earn income outside the United States, this course covers the essential rules from filing requirements and withholding to self-employment tax and treaty benefits. You'll explore...

IRS Operations, Filing, and Compliance Basics

Understanding how the IRS works—and what it does with your clients' information—is essential for any tax professional. This course covers IRS return processing, how tax data can become public, and what the Freedom of Information...

Navigating IRS Audits Successfully

Audits don't have to be intimidating—for you or your clients. This course walks through the audit process from the taxpayer's perspective, covering how the burden of proof works, what triggers scrutiny, and how to protect...

IRS Appeals and Tax Court Strategies

When an audit doesn't go your client's way, knowing the next steps matters. This course covers the IRS administrative appeals process—including how appeals officers negotiate, what types of cases they won't hear, and how to...

Resolving IRS Tax Debt and Collection Issues

When clients owe the IRS, the pressure can escalate quickly. This course covers the full landscape of IRS collection activity—from initial billing through Automated Collection System contacts, revenue officer investigations, and installment agreements. You'll learn...

Tax Liens, Levies, and the Taxpayer Advocate

Enforced IRS collection can have serious consequences for clients, but there are tools to fight back. This course examines IRS liens and levies, including Fresh Start program rules and how to pursue wrongful collection claims....

Penalties, State Taxes, and Taxpayer Rights

Rounding out the bigger picture of IRS enforcement, this course covers penalty and interest rules, strategies for coordinating IRS and state tax installment agreements, and the full scope of the Taxpayer Bill of Rights. It...

Tax-Exempt Orgs: Grants, Compensation Details, and Tax-Exempt Bonds

Three specialized schedules are the focus of this course. Schedule I covers grants and assistance provided to organizations, governments, and individuals within the U.S., including what must be disclosed and how to organize the data....

Tax-Exempt Orgs: Advanced Schedules, Assets, and Relationships

This course covers five Form 990 schedules that address complex organizational situations. Schedule L requires disclosure of transactions with interested persons, while Schedule M covers noncash contributions. Schedule N applies when an organization undergoes liquidation,...

Tax-Exempt Orgs: Form 990-T Preparation

When tax-exempt organizations generate unrelated business income, Form 990-T is required, and the rules can be surprisingly complex. This course provides a comprehensive overview of Form 990-T, including detailed instructions for completing the main form...