NOTE: There will be an opportunity to receive answers from the instructor in real-time by submitting your questions in the Q&A forum on the webinar page!

Combining the real-life experience of working with numerous CPA firms and tax professionals around the country, as well as comprehensive easy-to-read materials containing pertinent examples and illustrations, this powerful course essentially becomes a “must” for those practitioners needing a forum to review client issues that arose during this busy season which will certainly go down as another one of the most difficult and confusing to-date, causing many returns to be extended (or, amended). Also, critical tax issues and mid-year planning strategies for 2026 will be thoroughly covered, along with the most important tax developments, cases, IRS rulings and regulations over the last 6 months that we maybe only had a chance to glanced at, given the bombardment of information and issues. Click here to view a detailed course description.

This course includes a 460 page manual plus an 80 page OBBBA supplement - a handy reference to help you with all your tax questions! Click here to view a detailed table of contents of manual and click here to view detailed table of contents of OBBBA supplement.

Hear what attendees have to say about Prof. Connors' seminars:

"Excellent seminar. Prof Connors is extremely knowledgeable. Excellent presentation." - James G.

"Professor Connors is very knowledgeable and very practical too. He tells you what you need to know." - Alan L.

"The detailed manual will be very useful!" - Kelli L.

"I have enjoyed John's classes for many years through ACE. He delivers the material in a very easy to listen and informative manner." - Simeon Z.

Topics & Learning Objectives Include:

• ALL THE LATEST OBBBA UPDATES
• Comprehensive review of complex requirements for setting up and funding new “Trump Accounts”
• Part-year withholding rules; Summer/part-time jobs - withholding exemption
• Avoid employment taxes when hiring < 18- year children - Form separate unincorporated entity
• Best fringe benefit available - employer reimbursement of child care costs
•  Deductions now allowed for medical marijuana
• Gambling losses can only offset 90% of gambling winnings
• ObamaCare Mandate Upheld - Penalty for employers
• Withholding tax issues for remote workers
• “Materially participating” limited partners not subject to S/E tax?
• Extension of digital asset lot identification rules
• Additional clarifications regarding “qualified production property”
• “Qualified production property” - Not part of bonus depreciation - Separate election needed
• Increased “luxury car” caps for 2026; Gain recognition on sale or trade-ins of used business assets
• Priority of Sec. 179 election over bonus depreciation
• Cost seg studies and “catching up” on missed depreciation deductions
• Tax planning with Sec. 754 step-up elections
• Review of retirement planning strategies; RMDs, QCDs, donor-advised funds
• Comprehensive list of exceptions for 10% early withdrawal penalty
• Update on 3.8% Medicare surtax on net investment income
• Treatment of interest expense incurred to acquire flowthrough entity interest
• Interest on debt-financed distributions from LLCs and S corps
• Carryover of Sec. 199A EBLs and Sec. 461(l) NOLs; Impact of death, divorce or remarriage on tax attributes
• Impact of SALT cap on state passthrough entity tax (PTE) elections
• Interaction of SALT cap and “tax benefit” rule for state/local income tax refunds
• Coverage of the latest IRS guidance and issues with Sec. 199A deduction

Click On The Video Below To View A Demo of Prof. Connors

Prof. John Connors is one of the most knowledgeable tax lecturers in the nation. He has the ability to simplify the most complex tax rules. Bring in all your tax questions and get a CORRECT answer.