Key Developments Shaping Today’s Tax Practice
This session delivers a focused update on the developments most likely to impact your practice. We’ll cover key decisions from the U.S. Supreme Court and federal courts affecting the IRS's authority, along with emerging risk areas such as international reporting under FBAR and FATCA and ongoing cryptocurrency enforcement.
We’ll also highlight recent legislative and administrative changes, including guidance under the One Big Beautiful Bill Act, as well as what reduced IRS resources and shifting enforcement priorities mean for compliance and audits. The emphasis is on helping you adjust your approach and stay ahead in a changing environment.
Objectives
Upon completion of this session, you will be able to:
- Identify key court decisions impacting IRS authority and enforcement
- Assess high-risk areas, including international reporting and digital assets
- Apply recent legislative and administrative guidance to client situations
- Understand how IRS resource constraints affect audits and compliance strategy
CPE
| Governing body | CPE credits | Designation | Field of study |
|---|---|---|---|
| IRS | 1 | AFSP | Federal Tax Law Topic |
| IRS | 1 | EA | Federal Tax Law Topic |
| NASBA | 1 | CPA | Taxes |
| CTEC | 1 | CRTP | Federal Tax Law Topic |
| CFP Board | 1 | CFP® | N/A |
Details
Duration: 50 minutes
Course level: Update
Prerequisite: None
Advanced preparation: None
Delivery method: Group Live