Federal Tax Update: Individual Deductions (for 2026 CTEC Deadline)
This course satisfies the requirement for CTEC 2026 renewal.
This Federal tax update will focus on deductions reported on 2 schedules of the Form 1040. Schedule 1-A and Schedule A. Schedule 1-A: Additional Deductions. We will go over the latest guidance and best practices for helping our clients take full advantage of No Tax on Tips, No Tax on Overtime, No Tax on Car Loan Interest, and the Enhanced Senior Deduction. Schedule A for 2026 is now two pages. We will go over the latest on Medical and Dental Expenses, State and Local Taxes, Interest, Gifts to Charity, Casualty and Theft Losses, and the now expanded Other Itemized Deductions (Line 17).
Learn how to help your clients capture all the deductions they are already paying for and how to plan to take full advantage of them.
"Our best deal is always to become a monthly subscriber"
*Self-Study recording available for IRS CE Credit only (NO CPE)
NASBA Field of Study: Update
IRS Program #: 7Q3WU-U-00983-26-O
CTEC Course #: 6248-CE-00339
Larry Pon
,
CPA/PFS, CFP, EA, USTCP, AEP
Larry has been a tax professional since 1986 with a tax planning, preparation, and representation practice in Redwood Shores, CA. Larry enjoys speaking about tax to tax and financial planning professionals. Larry received his BS in Business Administration with emphases in Accounting and Finance from UC Berkeley and MS in Taxation from Golden Gate University.
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