Event Overview
This session opens the 2026 Tax Update series with an overview of the current federal tax landscape. We'll cover new and proposed tax legislation — including any bills enacted during 2026 and proposals still moving through Congress — along with new and proposed IRS authority in the form of regulations, revenue rulings and procedures, notices, and announcements, with particular attention to the continuing rollout of guidance under the One Big Beautiful Bill Act (OBBBA / OB3). We'll also review recent tax-related court cases affecting companies and individuals and what they signal for exposure and planning positions. The session closes with a variety of year-end tax planning topics for businesses and individuals, along with critical updates surrounding year-end payroll reporting and Form 1099 filing requirements.
10:30 a.m. - 12:30 p.m. CT
- Specify key federal legislative and regulatory developments occurring during 2026 — including enacted and proposed legislation as well as new and proposed IRS authority such as regulations, rulings, notices and announcements — and their impact on businesses and individuals.
- Analyze newly issued guidance under the One Big Beautiful Bill Act and its effect on planning strategies.
- Recognize recent tax-related court decisions affecting companies and individuals and assess their implications for filing positions and audit risk.
- Examine key year-end planning considerations for businesses and individuals.
- Identify the year-end reporting requirements for payroll tax and 1099 forms.