Individual Income Tax Update: 2026 Form 1040 and the Big Beautiful Bill
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(Check-In 8:30am EST)
Virtual
8.00 Credits
Member Price $309.00
Non-Member Price $459.00
Overview
You could pay $0 for this course!
Stay current with the ever-evolving world of individual income taxation in this essential course designed for tax practitioners looking to enhance their expertise. This course provides a thorough review of the complexities surrounding Form 1040 for the 2025 tax year, covering recent changes and updates within the tax code, including provisions under the Big Beautiful Bill (BBB). Content will be updated to reflect any new tax legislation or guidance issued before or during the 2026 filing season. Participants will gain practical knowledge and insights into key tax areas, ensuring they can confidently guide clients through the latest tax regulations, credits, deductions, and compliance requirements. In addition to tax return preparation, the course addresses the latest tax incentives, health-related tax considerations, and strategies to maximize client benefits. Practitioners will be equipped to handle complex income scenarios and navigate new tax relief opportunities. With a focus on the most recent regulatory shifts, this course offers the tools needed for effective tax planning and preparation.
Firms/companies with fewer than 50 staff can be reimbursed up to 100% of the cost of training and firms/companies with 50-100 employees can be reimbursed up to 50% of the cost of training. You must register for the course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks prior to the start of the course to be eligible. The course code for this program is C-15526. To learn more, click here or contact Julia Ekelund at jekelund@masscpas.org.
Highlights
Big Beautiful Bill (BBB) tax reform impacts • Changes to Form 1040 and related schedules • Standard vs. itemized deduction planning • Adjustments to income and exclusions • Child Tax Credit, EITC, and other individual credits • Retirement and education-related provisions • Health care tax changes • Tax planning for year-end and beyond • IRS compliance updates and guidance
Objectives
At the end of this course, you will be able to- • Complete IRS Form 1040 and related schedules accurately using the latest tax law updates • Apply key provisions from the Big Beautiful Bill (BBB) to individual returns • Recognize changes to personal credits and deductions, including standard/itemized deductions • Evaluate adjustments to income and exclusions under the revised code • Analyze expanded education, retirement, and health-related tax incentives • Implement strategies for tax-efficient year-end planning • Interpret IRS guidance and pending changes that may affect 2025 filings • Advise clients on common audit triggers and compliance concerns
Leader(s):
Leader Bios
Arthur Werner, Werner-Rocca Seminars, LTD
Art is currently a shareholder in the lecture firm of Werner-Rocca Seminars, LTD. His areas of expertise include business, tax, financial, and estate planning for high net worth individuals. In addition, Art is an adjunct professor of taxation in the Master of Science in Taxation program at Philadelphia University. He received his Bachelor of Science in Accounting and his Master of Science in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School and is a member of the Pennsylvania Bar. Art lectures extensively to certified public accountants, enrolled agents, insurance agents, and financial planners in the areas of estate planning, financial planning, and estate and gift taxation. He has presented well in excess of 1,500 seminars over the past fifteen years. Art has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of CPAs, awarded the AICPA Outstanding Discussion Leader Award in Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Non-Member Price $459.00
Member Price $309.00