Current Federal Tax Develoments - Summer 2026 (4 hours - afternoon) - NEW! - Webcast
Overview
Stay at the forefront of the rapidly evolving tax landscape with our mid-year technical update. The first half of 2026 has already delivered critical administrative guidance and pivotal court rulings that fundamentally impact tax planning and compliance for individuals and businesses alike. This webcast provides an exhaustive analysis of federal tax developments from January 1, 2026, through the date of the course, ensuring you are equipped with the most current information available.
Highlights
Initial 2026 Highlights Include:
- The Sirius Solutions Reversal: Analysis of the Fifth Circuit's landmark decision rejecting the "functional analysis" test for limited partner self-employment tax, returning to a strict statutory interpretation based on limited liability.
- Bonus Depreciation Mechanics: Technical application of the One Big Beautiful Bill Act (OBBBA) and interim guidance under Notice 2026-11, including the 100% deduction for qualified sound recording productions.
- HSA and Health Benefit Expansions: Strategic planning for the expanded High Deductible Health Plan (HDHP) definitions and new Direct Primary Care (DPC) service arrangement rules under Notice 2026-5.
- The Digital Payment Mandate: Critical practice management updates on the IRS implementation of Executive Order 14247, the phase-out of paper checks, and the strict "one opportunity" rule for online refund corrections under Notice CP53E.
- Key Procedural Rulings: Insights from recent litigation, including the Hillenbrand decision on challenging the presumption of delivery and the Neuberger ruling on quantifying personal liability under the Federal Priority Statute.
The “Moving Target” Promise Because this course covers developments up to June 26, significant material beyond what is known today will be added to the curriculum. As the IRS continues to release proposed regulations and instructions for the OBBBA throughout the spring, this session will integrate those “hot-off-the-press” updates to provide you with a comprehensive strategic roadmap for the remainder of the 2026 tax year.
Designed For
CPAs and tax professionals
Objectives
Leader(s):
Leader Bios
Edward Zollars, Partner, Thomas Zollars & Lynch Ltd
Edward K. Zollars, CPA-AZ, is in public practice in Phoenix, Arizona as a partner with the firm of Thomas & Zollars & Lynch, Ltd. He has been in practice for over twenty-five years, specializing in tax issues for closely held businesses and individuals. Ed has been professionally involved with both tax and technology issues, combing the two disciplines in starting the first tax podcast (Ed Zollars Tax Update, produced weekly dealing with current tax issues. He has been a member of AICPA Tax Division Committees dealing with tax and technology issues and was the Tax Section's representative on three occasions to the AICPA's Top Ten Technologies project. Ed is also a member of the Phoenix Tax Workshop's Advisory Committee, and currently serves on the Tax Legislation Liaison Committee for the Arizona Society of CPAs.Ed was selected as a Life Member by the Arizona Society of CPAs in May of 2010. Ed is a co-author of the Arizona Income Tax Guide published by the Phoenix Tax Workshop, and has written articles published in Practical Tax Strategies and the Tax Adviser. He has been a frequent contributor to a number of professional tax discussion groups, and served as systems operator on the AICPA's Accountants Forum in the mid 1990s. He has spoken regularly on tax and technology topics since 1996, speaking before conferences sponsored by the AICPA and a number of state society of CPAs.
(02/25/25)
Non-Member Price $250.00
Member Price $195.00