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Courses/Tax/Federal Tax Law Update *

Exploring Client Advisory Services Tax Update

Navigate recent tax legislation and critical IRS guidance to optimize planning strategies and deliver superior client advisory services.

Created byDavid Petersworkspace_premium
5.0
(2 reviews)
BeginnerUpdated Feb 27, 2026
Exploring Client Advisory Services Tax Update

What You'll Learn

check_circleIdentify the major provisions of the OBBBA related to businesses.
check_circleRecognize tax and reporting implications of partnership property distributions.
check_circleState when green energy credits expire under OBBBA.
check_circleRecognize reporting requirements for Form 7217 and Form 8308.

About This Course

CAS professionals are an integral part of the operations of any CPA firm. As such, they must stay on top of changing tax laws. In this course, we will explore tax changes in the areas that CAS professionals are involved with—information reporting, payroll tax issues, and tax credit and deduction documentation. We will also discuss relevant changes on individual and business tax returns so that CAS professionals will be able to better assist clients with tax needs throughout the year.

Key learning outcomes and topics covered include:

  • Analyzing major business provisions under OB3, including increased Section 179 limits, the specific acquisition-date rules for 100% bonus depreciation, and Section 168(n) for qualified production property.
  • Understanding the new options for expensing domestic Section 174 research and experimental costs and the associated accounting method changes.
  • Examining the four new below-the-line deductions: the Senior Deduction, Tip Deduction, Overtime Pay Deduction, and Car Loan Interest Deduction, including phase-out thresholds and modified AGI calculations.
  • Reviewing updates to the QBI deduction, including the new minimum deduction for material participation and changes to taxable income phase-outs starting in 2026.
  • Navigating new compliance forms, specifically Form 7217 for partnership property distributions and the simplified reporting options for Form 8308 regarding hot assets.
  • Discussing the structure and rules of "Trump Accounts," a new tax-deferred savings vehicle for minors, including contribution limits and pilot program details.
  • Identifying changes to information reporting thresholds for Forms 1099 and 1099-K, as well as the phasing out of paper tax refund checks.
  • Evaluating the expiration timelines for green energy credits and the specific triggers based on acquisition versus placed-in-service dates.

Your Instructor

David Peters
David Peters

CPA, CFP, CLU, CPCU, MST, MBA

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David Peters is the Founder and Owner of Peters Professional Education in Richmond, VA. He is registered with the U.S. Securities and Exchange Commission (SEC) as an Investment Advisor Representative (IAR) with Peters Financial LLC. He brings over 20 years of experience in financial services, including three years in the hedge fund industry and six years in insurance. David was the first Chief Financial Officer of Compare.com, where he served for more than three years. He holds four master’s degrees, contributes frequently to professional publications, and is a nationally recognized CPE instructor and discussion leader for Surgent seminars and a former instructor for Don Farmer. David received the AICPA Outstanding Facilitator Award in 2021, 2023, and 2024 as well as Surgent's Outstanding Discussion Leader awards in 2019 and 2022. He also co-authored the Virginia CPA Ethics course in 2018, 2019, and 2020, which is a requirement for all CPAs licensed in Virginia. Through Peters Professional Education, David is the author and instructor for over 125 recorded on-demand CPE courses and leads private trainings, in-person tax seminars, and quarterly live tax update webinars. His areas of instruction include accounting, finance, insurance, financial planning, and ethics, and he regularly teaches professionals across the United States.

Credit Information

What Students Are Saying

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Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.