Titans Annual Federal Tax Planning Individual Update 25-26

Overview

Dive into an in-depth analysis of this year’s pivotal changes in Federal and California tax law. Discover the latest legislation and stay informed on crucial IRS and FTB guidance. We cover key developments from the IRS, FTB, and courts, providing essential compliance and planning lessons gleaned from recent rulings. Prepare for the tax season by thoroughly reviewing due diligence considerations relevant to all new laws. Titans of Tax 2025 Lineup: Titans of Tax Mid-Year Update 2025 Titans Annual Federal Tax Planning Individual Update 25-26 Titans Annual Federal Tax Planning: Business & Estate Update 25-26

Highlights

Explanation of legislation enacted in 2025 along with reminders for 2024 from legislation of recent years

California tax law changes

Income inclusions, exclusions and deductions

Property transaction updates

Passive activities, hobbies and other losses

Guidance and planning on energy credits

Significant IRS developments affecting practice and compliance procedures

California's major developments for individuals and conformity to federal law changes for 2025

Filing status, credits and retirement plan developments

Expired and expiring provisions

Inflation adjustments for 2026

Due diligence and planning reminder

Prerequisites

General knowledge in taxation.

Designed For

CPAs, attorneys and tax practitioners.

Objectives

Identify new federal and California tax legislation affecting individuals

Describe the year's significant federal and California law change from the legislature, IRS, FTB and the courts