VSCPA Tax Essentials Series: August Updates
Overview
This two-hour federal and Virginia tax update covers significant recent developments and reviews selected guidance affecting individual and business taxpayers. The course is designed for tax professionals seeking a concise but substantive update on federal and Virginia tax developments affecting compliance, reporting and planning.
Highlights
- Employer contributions to Trump account proposed regulations.
- Digital asset basis identification and electronic furnishing of Forms 1099-DA.
- Department of Labor proposed rule on independent contractors and opinion letters on hybrid-work travel time compensation.
- 2026 Qualified Opportunity Zone gain recognition.
- 2026 changes to individual tax credits, moving expenses and when SSN are required.
- Hot-off-the-presses IRS developments and other updates.
- Lightning round — quick updates on various tax issues.
- Virginia's new Paid Family & Medical Leave Insurance Program, new online services and RetirePath Virginia changes.
Prerequisites
Experience in taxation.
Designed For
Anyone interested in the latest tax updates.
Objectives
When you complete this course, you will be able to:
- Apply recent developments related to Trump accounts, digital assets and Department of Labor employee issues.
- Calculate the mandatory Dec. 31, 2026, deferred gain recognition on qualified opportunity fund investments.
- Understand selected provisions of the 2025 tax law effective in 2026 and the effects on 2026 return planning.
- Assess the effects of recent IRS actions.
- Understand the upcoming Virginia PFML, changes to Virginia Department of Taxation online services, and changes to RetirePath Virginia.
NOTE: Content is subject to change for late-breaking information.
Preparation
None
This event is part of the following bundles:
VSCPA Tax Essentials Series — 14-Credit Package
Multiple Events Between
Up to 14.00 Credits
Member Price: $371
The VSCPA Tax Essentials Series is your go-to source for the latest and most up-to-date tax and IRS news. Learn all about local Virginia updates as well everything you need to know about federal changes, updates and news that you can use. By purchasing the remaining series, VSCPA members save 10% off purchasing the webinars individually! You'll have access to the following: Aug. 19 Sept. 17 Oct. 22 Nov. 23 Dec. 22 Jan. 21, 2027 Feb. 18, 2027
See more dates
Leader(s):
Leader Bios
Vivian Paige, President, Vivian J. Paige, CPA, PC
Vivian J. Paige, CPA, CGMA, MBA, MS, has extensive experience in taxation and accounting. She was a successful sole practitioner until selling most of her firm 11 years ago and joining the faculty of her alma mater, Old Dominion University (ODU). During her nine years at ODU, she received numerous awards, including being bestowed the permanent title of ""University Distinguished Teacher"" and being named the ""Most Inspiring Faculty Member"" by the winner of the ODU Kaufman Scholar Award, given annually to the top student among ODU's 25,000+ students. She then spent two years as a member of the faculty at Christopher Newport University, where, in addition to teaching, she served as a mentor to the next generation of CPAs. She is currently taking a break from teaching.
Vivian is a member of the American Institute of CPAs (AICPA) and the Virginia Society of CPAs (VSCPA). She is actively involved in the VSCPA, currently serving as a member and immediate past chair of the Tax Advisory Committee and as a member of the VSCPA Political Action Committee Board, the ad hoc Educators' Symposium Task Force, and the Diversity, Equity and Inclusion (DEI) Council. She authored the VSCPA Legislators' Tax Guide and presented briefings to the legislature on taxation. She is the co-author of two current VSCPA ethics courses. She is the author of the VSCPA’s monthly Don Farmer Federal Tax newsletter, and authors and presents its annual Federal Tax Update. She also is a presenter at several VSCPA conferences. Her longtime service to the VSCPA was recognized in 2019 when she was named the Outstanding Member.
Vivian is also involved in her community. She serves as a member of the Audit and Finance Committee of the FoodBank of Southeastern Virginia, on the audit and finance committees of the ACLU of Virginia, and as a board member of the Hampton Roads Tax Forum. She was a member of the Mayor's Commission on Equity and Economic Opportunity and the Mayor's Committee on Gaming. For a number of years, she was a weekly guest opinion columnist for The Virginian-Pilot, covering state and local politics. She co-founded Norfolk United Facing Race and was a founding board member of the Hampton Roads Center for Civic Engagement. Her varied interests have led her to be a public speaker and a frequent guest on radio and television, both locally and nationally. For her work in the community, she has received numerous awards, including being a YWCA Women of Distinction honoree.
Non-Member Price $79.00
Member Price $59.00