Instructor
Nick Preusch
Instructor
Nick Preusch's, CPA, JD, LLM, primary focus is performing tax services for high wealth individuals and mid-to-large business entities. His responsibilities include tax research related to complex business transactions and tax return preparation and review. Nick also works closely with businesses to find tax efficiencies through ever-changing tax legislation.
Nick is an IRS attorney at the IRS National Office in Washington, DC, where he was the lead attorney for several significant tax ethics cases. He is a licensed attorney in New York and a certified public accountant in Virginia. Nick earned an LLM in Taxation from Georgetown University, a JD from Case Western Reserve University, and an MS in Accounting from the University of Connecticut.
This workshop prepares CPAs and tax professionals to address significant federal tax developments affecting individual income tax return preparation and planning for the 2026 filing season. Participants will examine legislative changes, inflation-adjusted provisions, credits, deductions, phaseout rules, retirement and investment considerations, SALT issues, high-income taxpayer planning, energy-related credits, digital asset reporting, information return requirements, health care provisions, fringe benefits, and IRS enforcement priorities. Through practical examples and common filing-season scenarios, the program connects recent guidance to client-facing planning opportunities and compliance risks. Participants will be positioned to identify relevant tax law changes, evaluate planning alternatives, and apply current guidance when preparing or reviewing individual income tax returns.
Upon completion of this course, participants will be able to:
1. Identify significant federal tax law changes impacting 2026 individual income tax return preparation.
2. Analyze inflation-adjusted provisions affecting rates, deductions, exemptions and credits.
3. Evaluate changes to key individual tax credits, deductions and phaseout rules.
4. Recognize emerging IRS enforcement initiatives and audit focus areas.
5. Apply planning strategies for income timing, deductions and credit optimization.
6. Assess reporting requirements for digital assets and information returns.
7. Integrate recent legislative and regulatory guidance into practical client planning.
Legislative and inflation updates.
Key credits and deductions.
Retirement and investment planning.
SALT and high-income taxpayer planning.
Energy and clean credit developments.
Digital assets and information reporting. Health care and fringe benefits.
IRS enforcement and compliance trends.
Proactive tax planning strategies.
Experience with at least one tax season.
None
CPAs and tax professionals with a general understanding of individual and business taxation involved in preparation or review of tax returns or providing tax planning advice to individuals or businesses.