MasterCPE Blog
Resources for CPAs - Online Continuing Professional Education
Stay current with everything happening in the finance and accounting world! MasterCPE has you covered with all the news and updates that CPAs, and other finance professionals, need to stay ahead.
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Form 709 Filing Mechanics: What Happens After the Gift Is Made
Keep reading: Form 709 Filing Mechanics: What Happens After the Gift Is MadeFiling Form 709 isn’t hard. Getting it right is. Most practitioners clear the initial hurdle: they know when a return is required. What trips up gift tax returns in practice is everything that happens inside the form. Schedule A is more involved than it looks. Schedule B errors carry forward indefinitely. Gift splitting creates parallel…
Estimated reading time: 1 minute
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401(k) Rules in 2026: The Roth Catch-Up Mandate, Updated Limits, and Nondiscrimination Testing
Keep reading: 401(k) Rules in 2026: The Roth Catch-Up Mandate, Updated Limits, and Nondiscrimination TestingThe 401k Roth catch-up 2026 mandate — a SECURE 2.0 provision that had been delayed — takes full effect January 1, 2026. Participants age 50 or older whose prior-year FICA wages from the plan’s sponsoring employer exceeded $150,000 can no longer make pre-tax catch-up contributions. Those contributions are now Roth-only. If the plan doesn’t offer…
Estimated reading time: 1 minute
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529 Plans in 2026: Gift Tax Mechanics, OBBBA Expense Changes, and the Roth IRA Rollover Rules
Keep reading: 529 Plans in 2026: Gift Tax Mechanics, OBBBA Expense Changes, and the Roth IRA Rollover RulesThe 529 plan OBBBA 2026 landscape sits at the intersection of education savings, gift tax planning, and estate mechanics. The basic structure is straightforward: contributions grow tax-deferred, qualified distributions come out federal income tax-free, and the account owner retains control while assets pass out of the estate. Where CPAs earn their keep is in the…
Estimated reading time: 1 minute
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