Section 1202 QSBS in 2026: Effective Date Lines, the 28% Rate Trap, and What Changes for Prior Stock
The Section 1202 QSBS OBBBA changes look generous on paper: a tiered holding period, a higher gain exclusion cap, a broader gross asset threshold. But the practical question for CPAs working with clients who hold qualified small business stock isn’t what the new rules offer — it’s which set of rules actually applies to the […]
HSA Eligibility and the 2026 Rule Changes: Getting It Right on Client Returns
Two things changed for HSA eligibility rules in 2026 under the OBBBA. The contribution limits moved up modestly. The eligibility rules, thanks to the One, Big, Beautiful Bill Act (OBBBA), changed in ways that matter a lot more for return preparation. IRS Revenue Procedure 2025-19 covers the limit adjustments. The OBBBA, signed July 4, 2025, […]
CPE Compliance After Tax Season: Deadlines, Formats, and What Actually Counts
April 16 arrives and the CPA CPE compliance clock keeps running. For CPAs who’ve been heads-down since January, the post-tax-season window is typically when CPA CPE compliance finally gets attention. That’s fine, provided the hours, formats, and subject matter actually meet the state board’s requirements. The gap between what CPAs assume counts and what state […]
CPA Ethics & Responsibilities: Professional Standards That Define the Profession
CPA ethics and professional responsibilities are governed by the AICPA Code of Professional Conduct and state licensing boards. These CPA ethics standards apply across audit, tax, advisory, and industry roles. Six CPA Ethics Principles of Professional Conduct The AICPA Code establishes six foundational CPA ethics principles that apply to all members regardless of practice area: […]
CPA CPE Requirements: How Many Credits You Need
State licensing boards require CPAs to complete continuing professional education throughout their careers. Credit requirements range from 80 to 120 hours depending on jurisdiction, reporting period structure, and practice type. Understanding CPE Credits CPE credits measure learning time in 50-minute increments. The terms “CPE credits” and “CPE hours” mean the same thing. A 150-minute course […]