Fall Tax School (Online)

Tax Horizons: Empowering Professionals Amid Uncertainty

Foresight and adaptability are your greatest assets in a rapidly changing tax landscape. Join us at 2025 Fall Tax School to secure the knowledge, strategies, and federal CPE you need to thrive, no matter what the future holds.

The University of Illinois Tax School has been providing high-quality continuing education for 85 years. More than 4,500 tax professionals attend Fall Tax School annually to learn the latest and greatest on new tax laws and regulations and new strategies for existing laws.

Overview:

Earn up to 16 CPE credits at 2-day Fall Tax School
Earn an additional 2 CPE credits at the Agricultural Issues webinar — free to all Fall Tax School attendees
The new edition of the Federal Tax Workbook will be shipped to all attendees, with digital access also available. SCROLL DOWN to see an expandable list of topics and subtopics taught from this amazing source during Fall Tax School.
Group viewing is available for groups of 2+ people who would like to participate in online Fall Tax School together. – See Details
Closed captioning is available during all online sessions
Earn rewards by referring colleagues
Looking for in-person instruction? Check out details and locations of Fall Tax School (In-Person).

Stay up-to-date on all educational events!

Register Now!

Register for one or both days. When you register for both in the same transaction, your total will be reduced to the discounted rate of $320 at checkout.

All times listed are in central standard time.

Prefer to mail or fax your registration?
PDF order form available.

Dates and Times

Arrange a 2-day Fall Tax School package with half- and full-day options listed below.

Day 1 Options (earn up to 8 CPE)*

FORMAT	DATE	TIME
All Day	Nov. 18 (Tuesday)	8:00am to 5:00pm Central Time (1-hour lunch break)
	Nov. 20 (Thursday)	8:00am to 5:00pm Central Time (1-hour lunch break)
	Nov. 24 (Monday)	8:00am to 5:00pm Central Time (1-hour lunch break)
Mornings Only	Nov. 11-12 (Tuesday & Wednesday)	8:00am to 12:00pm Central Time
Afternoons Only	Nov. 11-12 (Tuesday & Wednesday)	1:00pm to 5:00pm Central Time

Day 2 Options (earn up to 8 CPE)*

FORMAT	DATE	TIME
All Day	Nov. 19 (Wednesday)	8:00am to 5:00pm Central Time (1-hour lunch break)
	Nov. 21 (Friday)	8:00am to 5:00pm Central Time (1-hour lunch break)
	Nov. 25 (Tuesday)	8:00am to 5:00pm Central Time (1-hour lunch break)
Mornings Only	Nov. 13-14 (Thursday & Friday)	8:00am to 12:00pm Central Time
Afternoons Only	Nov. 13-14 (Thursday & Friday)	1:00pm to 5:00pm Central Time

*All Fall Tax School attendees will have free access to an Agricultural Issues webinar. Details on how to register will be sent via email at the conclusion of Fall Tax School.

Registration Fees

The fee includes both printed and digital versions of the University of Illinois Federal Tax Workbook, presentation slides, and video recordings of instruction. Free access to the Agricultural Issues webinar is also included.

	SINGLE DAY ONLY	2-day package
By Oct. 10	$185	$320
After Oct. 10	$215	$380

Seminar Materials

The University of Illinois Federal Tax Workbook is the source material taught at all Fall Tax School sessions. Both printed and digital versions are included with registration.

Books are shipped directly to you weekly, and delayed registration may result in you not receiving the printed book before your Fall Tax School session. To ensure you receive your book in time, please register by Oct. 10 and make sure your address is correct in your Tax School account (we cannot ship to P.O. boxes).

Workbook Topics

New Developments

Social Security Fairness Act
Form 1099-DA
Disaster relief
IRS Notice 2025-23
New legislation
ERC FAQs

Individual Taxpayer Issues

Schedule A items
Tax implications of long-term care
Theft losses related to Internet scams
Retirees

Ethics and Due Diligence

Review and examples of various aspects of Circular 230

Retirement Plans for Small Businesses

Owner-only businesses
Businesses with employees
QBID
Tax credits and incentives

IRS Update

Business tax accounts
Installment agreements
Communication with IRS
Alternative dispute resolution

S Corporation Formation and Basics

Corporation requirements
Ownership of subsidiaries
Elections
Shareholder basis
Advantages/disadvantages of S corp

Rental Real Estate Activity Issues

Residential real estate rentals
Tangible property regulations
SE tax on rental income
At-risk rules
PAL limits
Reporting real estate rental activities

Related-Party Issues

Limits on losses and deductions
Transactions between related persons and partnerships
IRC §179 and bonus depreciation
Gain from the sale or exchange of depreciable property
Like-kind exchanges
Installment sales

Various Specialized Trusts

Revocable trusts
Irrevocable trusts

Schedule E

Rental real estate and royalties
Loss limitations
Qualified joint venture
Schedule E vs. Schedule C
Income or loss from partnerships and S corporations

Agricultural Issues and Rural Investments

FSA planning and Farm Bill update
Involuntary conversions
Open transaction doctrine
REAP grants
Qualified conservation charitable contributions
Corporate-provided meals and lodging update

Rulings and Cases

Significant rulings and cases from August 2024 and beyond

Learning Objectives & Agendas

Learning Objectives and Details

Learning Objectives: At the completion of this seminar, participants will be able to:

Apply specific concepts and strategies covered in the seminar while preparing 2025 tax returns, and
Advise clients about planning strategies applicable to their situations.

Delivery Method: Group Internet-Based

Program Level: Overview

Field of Study: Taxes

Prerequisite(s): Professional experience in preparing tax returns and an understanding of basic tax rules and regulations.

Advanced Preparation: None

Materials: A printed copy of the University of Illinois Federal Tax Workbook will be shipped to the address on file. A digital version of the workbook, along with PowerPoint handouts, will be available in your Tax School account one week prior to Fall Tax School.

Day 1 & Day 2 Agenda Topics:

We are still finalizing what topics will be taught on which day. Below is what will be taught across both days of Fall Tax School. We will update with specific daily agendas later in the summer.

New Developments
Individual Taxpayer Issues
Ethics and Due Diligence
Retirement Plans for Small Businesses
IRS Update
S Corporation Formation and Basics
Rental Real Estate Activity Issues
Related Party Issues
Various Specialized Trusts
Schedule E
Rulings & Cases

Seminar Instructors

Fall Tax School instructors are practicing CPAs, EAs, and tax attorneys – active professionals who understand your daily challenges. They don’t just teach tax law; they live it. Their expertise provides practical, relevant guidance on new legislation, complex scenarios, and best practices. Click on any photo below for a brief bio.

Keith Baum, EA

Jerry Brune, CPA, EA

Bob Rhea, EA

Catherine Riddick, CPA, JD

CPE Credits

Day 1

Organization	Credit Hours
CPE credits	Up to 8 based on attendance and responses to polling questions
Field of Study (NASBA)	Taxes (6), Regulatory Ethics (2)
IRS Categories	Federal Tax Topics (3); Federal Tax Law Update (3); Regulatory Ethics (2)
IL Insurance	General (6); Ethics (2)
IL MCLE	Taxation (4.75); Professional Responsibility (1.75)
CFP	Taxation (8). The ethics portion of instruction qualifies for CFP general CPE but not CFP “Ethics” CPE. Must attend entire session to obtain any CPE due to CFP Board rules.

Day 2

Organization	Credit Hours
CPE credits	Up to 8 based on attendance and responses to polling questions.
Field of Study (NASBA)	Taxes (8)
IRS Categories	Federal Tax Topics (8)
IL Insurance	General (8)
IL MCLE	Taxation (6.5)
CFP	Taxation (8). Must attend the entire session to obtain any CPE due to CFP Board rules.

Certificates of attendance are emailed to participants within two weeks after the seminar concludes.

Optional additional 2 CPE credits for the agricultural issues webinar covering content in the Agricultural Issues & Rural Investments chapter of the workbook will be recorded separately and a separate CPE certificate will be provided.

Participants are awarded credit based upon actual time in attendance plus participation in polling questions for live online webinars and seminars. Most accrediting groups recognize 1 hour of credit per 50 minutes of instruction. Some CLE groups recognize 1 hour of credit per 60 minutes of instruction.

CPE Accreditation

The University of Illinois Tax School is a sponsor of CPE for a variety of professional designations such as CPAs, EAs, attorneys, CFPs®, and insurance, etc. Agencies that typically recognize the University of Illinois Tax School as a sponsor of continuing education are:

Illinois Department of Insurance
Illinois Department of Professional Regulation
Internal Revenue Service
Iowa Supreme Court Commission on Continuing Legal Education
Missouri Bar Association
MCLE Board of the Supreme Court of Illinois
Certified Financial Planner Board of Standards
State of Connecticut Insurance Department

CPE Affiliated Organizations

University of Illinois Tax School is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

The Tax School has been approved as an IRS Continuing Education Provider. Tax preparers should always look for IRS approved providers when fulfilling their continuing education requirements. Visit www.irs.gov/taxpros/ce for more information.

For EAs and Illinois Insurance professionals, the Tax School Office submits participant credit hours directly to the accrediting agencies.

An additional fee is required for processing CPE credits for CFP®, IL insurance, and IL MCLE.

See Frequently Asked Questions about CPE.