While You Were Filing: IRS Guidance You Missed
San Jose Chapter Virtual Meeting

Date/Time:

TUESDAY*, May 5, 2026
5:00 PM to 7:00 PM

*Please note this meeting is on TUESDAY instead of the normal Wednesday.

Location:

Online Meeting via Zoom
This will be Zoom Meeting. Once you register and pay, the Zoom link will be provided in your confirmation email for you to log in at the designated meeting time. Zoom does require registration before entering the meeting.

Topic:

When we were busy filing tax returns, the IRS continued to provide guidance on various topics and many Proposed Regulations were issued since the enactment of OBBBA. We will review the Proposed Regulations and latest guidance on many OBBBA provisions such as Trump Accounts, Qualified Tips clarification, Qualified Production Depreciation Deduction, No Tax on Car Loan Interest, Guidance on No Tax on Overtime. Lastly, we will also go over time sensitive refund opportunities under §7508A Disaster Relief from the Kwong and Abdo cases.

Learning Objectives:

1. Learn about the Proposed Regulations for Trump Accounts.
2. Review the Qualified Tips Deduction clarification
3. Review the guidance for the qualified production depreciation deduction.
4. Understand the Proposed Regulations on No Tax on Car Loan Interest.
5. Get the latest guidance on No Tax on Overtime
6. See if any of your clients will qualify for §7508A disaster relief as a result of the Kwong and Abdo cases.

Presenter:

Lawrence Pon, CPA/PFS, CFP, EA, USTCP, AEP
Lawrence Pon is a Certified Public Accountant, Personal Financial Specialist, Certified Financial Planner, Enrolled Agent, United States Tax Court Practitioner, and Accredited Estate Planner in Redwood Shores, CA• Mr. Pon has been in practice since 1986 and speaks regularly to tax professionals on the latest tax planning and preparation topics nationally. Mr. Pon teaches Income Tax at College of San Mateo. Mr. Pon received his BS in Business Administration from UC Berkeley and MS in Taxation from Golden Gate University in San Francisco.

CPE Information:

2 Federal Tax Update hour(s) (Topics covering new tax law)

IRS: 18QC1-U-02275-26-O
CTEC: 1000-CE-05759

Knowledge Level: Intermediate (Basic knowledge helpful)

Cost:

Cost if registered by April 30, 2026
Member Registration Fee: $30
Non-Member Registration Fee: $60

Cost if registered after April 30, 2026
Member Registration Fee: $35
Non-Member Registration Fee: $65

Registration:

Cancellation and Refund Policy:
Written cancellations will be accepted up to three (3) business days before the course begins for a full refund. Please email your request to [email protected]. No refunds will be given if cancellation notice is received later than three (3) business days before the course begins, or for no-show registrants.

This presentation has been designed to meet the requirements of the Return Preparer Office, the California State Board of Accountancy; and the California Tax Education Council including code 31 of Federal Regulations10.6 (g). This does not constitute an endorsement by these groups. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA. 95812- 2890, or phone CTEC at (877) 850-2832, or on the Internet at www.ctec.org.