Hobby and House Flipping

Posted on by Julie Brown
Hobby and House Flipping Watch the webinar replay! Millions of people enjoy hobbies that are also a source of income. From catering to baking cupcakes, crafting homemade jewelry to wind chimes -- no matter what a person’s passion, we as tax professionals must determine if our client has a business or Hobby. The rules for how to report the income and expenses depend on whether the activity is a hobby or business. Sometimes the tax law is so obvious that one need not be an expert to conclude the result of a case. But at times we allow ourselves to be so obscured in details ...
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Small Business Credits & Deductions

Posted on by Julie Brown
Small Business Credits & Deductions This course will review, explain, and discuss best practices for many valuable business and rental activity credits and deductions. Substantial federal tax savings are available with the Section 199A QBI deduction, pass-through elective tax deduction (PTET), accelerated depreciation deductions, favorable retirement plan funding deductions, shareholder, partner, and owner health insurance deductions, vehicle deductions, and home office deductions. Plus business credits including the R&D credit, employer's tips credit, employer's cre...
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Trump Accounts

Posted on by Julie Brown
Trump Accounts Listen to the recorded webinar. The One Big Beautiful Bill Act (OBBBA) established Trump Accounts, a new federal, tax-advantaged investment account for children under age 18. The program provides a government seed contribution for certain children born between January 1, 2025, and December 31, 2028, along with the ability for families and employers to make additional contributions, subject to annual limits. The Treasury Department and IRS have issued initial implementation guidance (Notice 2025-68) and announced forthcoming regulations, prompting growing client int...
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Introduction to Client Portals

Posted on by Julie Brown
Introduction to Client Portals Join us for an introductory training session on Client Portals for TaxAct Professional. This webinar will provide an overview of the portal features and demonstrate how to securely exchange documents, manage client files, and navigate the portal experience. See the system in action from both the preparer and taxpayer view, and learn the basics of setup and everyday use. Disclaimers:By clicking ‘submit’ you agree to TaxAct’s Privacy Policy and Terms of Service. 
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Estate Planning After OBBBA …Turning Theory into Practice

Posted on by Julie Brown
Estate Planning After OBBBA … Turning Theory into Practice Join Michael Miranda for an exciting discussion on what can be done in 2026 and beyond to assist clients in developing an appropriate estate action plan. The “permanent” increase to 15M in basic exclusion amount provides estate tax planning opportunities for middle (less than $15M estates) and high-net-worth client. Many wealthy and not-so wealthy taxpayers need to consider what actions they should take with respect to large gifts and other lifetime planning strategies. Clients will be best served by consideration of planning tech...
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Social Security & Medicare Update

Posted on by Julie Brown
Social Security & Medicare Update This program provides an update on Social Security, Medicare, and Medicaid, with emphasis on the tax and planning considerations relevant to tax professionals. As the population continues to age and more individuals transition into retirement, practitioners are increasingly asked to advise clients on retirement income planning, healthcare coverage, eldercare issues, and government entitlement programs. This webinar reviews the structure and operation of these programs and discusses how recent legislative and administrative developments may affect client p...
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Cybersecurity Best Practices for 2025

Posted on by Julie Brown
Cybersecurity Best Practices for 2025 As a tax professional, you’re legally required to safeguard taxpayer data — and the stakes are higher than ever. Join us for this exclusive webinar, Jared Ballew (VP of Government Relations, TaxAct) will walk you through: - Your obligations under the FTC Safeguards Rule How to create and maintain a Written Information Security Plan (WISP) Practical safeguards every tax pro must implement What to do if a data breach occurs Disclaimers:By clicking ‘submit’ you agree to TaxAct’s Privacy Policy and Terms ...
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Form 4797, Tax Planning, Sales Allocation, and More

Posted on by Julie Brown
Form 4797, Tax Planning, Sales Allocation, and More Simply put, IRS Form 4797 is the form used specifically for reporting the gains or losses resulting from the sale or exchange of business and income producing property used in a trade or business. However, this Form 4797 often generates a countless amount of uncertainty and anxiety. This course will assist tax pros in determining whether a transaction is a capital gain or ordinary income and what tax consequences are associated with each. Furthermore, it will clarify what parts of Form 4797 need to be completed and their holding periods. All...
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Rental Real Estate: Gig Economy & Advanced Tax Issues

Posted on by Julie Brown
Rental Real Estate: Gig Economy & Advanced Tax Issues Reporting rental real estate for tax; short- term rentals, allocating expenses among co-owners, applying active participation rules, mixed- use properties, vacation rentals, commercial rentals, interest deduction criteria including interest tracing rules, real estate professional qualifications, home office, travel expenses and more. Review rental loss limitations; Basis, At Risk, Passive Activity, and the Business Interest Limitation. We'll also discuss material participation, grouping elections, depreciation and repair regs, QBI 162(...
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Divorce and the Various Tax Implications

Posted on by Julie Brown
Divorce and the Various Tax Implications What happens when your clients divorce? Divorce is an emotional occurrence for all involved. What is the significance of the tax professional assisting clients through this difficult time? This course will explain the importance of working with and advising our clients on tax related divorce issues. We will discuss filing status, name change, joint & separate responsibility & liability. We will explore dependents and associated tax credits. Analyze retirement plans, alimony, child support, property settlements, allocating estimated payments, NO...
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Working Families Tax Cut Act: Insights and Support for Tax Pros

Posted on by Julie Brown
Working Families Tax Cut Act: Insights and Support for Tax Pros This session breaks down the Working Families Tax Cut Act and its impact on today’s tax professionals and their clients. With guidance and regulations constantly evolving, staying up to date is essential. We’ll highlight key provisions, how they may affect your workflow, and the tools available to help you stay compliant. Get practical tips to navigate changes and better support your clients. Click  here to access the webinar replay and presentation. Disclaimers: By clicking ‘submit’ you agree to TaxAct’s Privacy Policy ...
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Disaster Relief and Casualty Losses: What Tax Professionals Need to Know

Posted on by Julie Brown
Disaster Relief and Casualty Losses: What Tax Professionals Need to Know Disasters can leave taxpayers financially and emotionally devastated—but they also trigger important tax relief options. Join us for a comprehensive webinar exploring how to guide clients through disaster-related tax issues, including casualty loss deductions, administrative relief, and safe harbor methods. We’ll cover how to use Form 4684, review recent changes under the OBBBA, and demonstrate relevant TaxAct tools. Real-world examples and IRS/FEMA guidance will help you confidently support clients affected by federally...
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Prep Like a Pro

Posted on by Julie Brown
Prep Like a Pro: Boost Productivity in TaxAct Professional Learn time-saving tips, shortcuts, and hidden features to help you work faster and deliver more accurate returns. Perfect for newer TaxAct Pro users who want to maximize efficiency this tax season. Click  here to access the webinar replay and presentation. Disclaimers: By clicking ‘submit’ you agree to TaxAct’s Privacy Policy and Terms of Service. Contact information may be used for marketing communications by TaxAct Professional. Opinions expressed by Jane Ryder are solely her own and do not necessarily express the views ...
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Save the Date: 2025 Conference & Event Season

Posted on by Julie Brown
Save the Date: 2025 Conference and Event Season With Tax Day behind us, it’s time for tax professionals to refocus — from filing season to extension season, and from wrapping up TY24 to getting ahead for TY25. This time of year is all about growth. Whether you're staying current on the latest tax law changes, learning new strategies, or sharpening your workflow, now’s the perfect moment to plan your learning calendar. To make things easier, we’ve compiled a full list of in-person conferences we’ll be attending and virtual events we’re hosting throughout the 2025 event season. From webinars ...
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Secure Acts 1.0 / 2.0

Posted on by Julie Brown
Secure Acts 1.0 / 2.0 On July 19, the IRS released final regulations on post-SECURE 1.0 Act required minimum distribution (RMD) rules. These final regulations have significant impact, both for taxpayers who inherit retirement accounts and those who own them. Join Michael as he provides the participants with an overview of these final regulations and examples that will help clarify the understanding of these complex rules. SECURE 2.0 Act provides the surviving spouse with special elections that treat the surviving spouse as a plan participant for all RMD purposes. The IRS issues proposed re...
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