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Courses/Accounting & Tax/Accounting

Schedule C Updates 2026

Navigate the complexities of sole proprietorship with the latest rules on depreciation, mileage, and family hiring strategies.

Created byLambers Inc.workspace_premium
BeginnerUpdated Jul 3, 2026
Schedule C Updates 2026

What You'll Learn

check_circleUnderstand when to use an employer identification number versus a Social Security number
check_circleUnderstand cash versus accrual accounting
check_circleIdentify when a proprietor needs to issue 1099s
check_circleUnderstand what a Form 1099-K is, and the changes to the form for 2025
check_circleUnderstand how payments made through Venmo and other such apps work
check_circleUnderstand changes to meal expenses in general, and specific to 2025

About This Course

This course will cover Schedule C from start to finish and will cover all of the typical scenarios tax pros are likely to encounter.

This course will cover the following learning objectives:

  • Understand when to use an employer identification number versus a Social Security number
  • Understand cash versus accrual accounting
  • Identify when a proprietor needs to issue 1099s
  • Understand what a Form 1099-K is, and the changes to the form for 2025
  • Understand how payments made through Venmo and other such apps work
  • Understand changes to meal expenses in general, and specific to 2025
  • Understand vehicle expenses
  • Identify the differences between Section 179 expensing and bonus depreciation
  • Understand home office expenses, including the simplified option
  • Identify other proprietor deductions, including health insurance and retirement contributions
  • Understand the basics of the qualified business income deduction
  • Understand the basics of net operating losses, excess business losses, and the Families First Coronavirus Response Act credit
  • Identify when an activity is a hobby versus when it is a business
  • Understand the IRS’s 9-factor test for determining if an activity is a hobby or a business

Your Instructors

Lambers Inc.
Lambers Inc.
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Lambers, Inc. is a leader in review courses for the EA, AFSP, and CPA exams. Lambers also offers IRS Continuing Education for Tax Preparers and CPE for CPAs. Accounting and finance professionals around the world incorporate Lambers products into their training programs.

Jason T. Dinesen
Jason T. Dinesen

Tax Educator & CPE Instructor | 1099 Guy & EA Exam Instructor | Podcast Host | Enrolled Agent | Making Tax Education Actually Stick

Jason Dinesen (LPA, EA) is a dynamic entrepreneur and tax expert with 15+ years of experience in accounting, tax prep, and business advisory. A sought-after CPE presenter at MYCPE, he’s trained 200K+ professionals on tax updates, ethics, and IRS guidance Dinesen is renowned for his quick analysis of complex tax laws and engaging teaching style. His expertise spans individual/corporate taxation, making him a trusted voice in the accounting community. Follow him for cutting-edge tax interpretations and prac

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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.