Fall Tax School (Online)
Elevate Your Tax Practice
Practical guidance to help tax professionals strengthen skills, refine planning strategies, and better understand the real-world implications of today’s tax issues.
What’s Included with Registration?
- 16 CPE credits for 2-day Fall Tax School (includes 2 hrs of ethics)
- Federal Tax Workbook (print + digital)
- Access to seminar recordings
- Bonus: Free Ag Issues webinar (2 CPE)
Other details about 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
When you attend Fall Tax School, you’ll not only earn CPE and receive quality instruction, you’ll be attending a program with a long-standing reputation for excellence and integrity. The University of Illinois Tax School has been providing high-quality continuing education for 86 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.
Stay up-to-date on all educational events!
Registration Opens in July
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 starting in mid-October, 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. 9 and make sure your address is correct in your Tax School account (we cannot ship to P.O. boxes).
Workbook Topics
- Limits on losses and deductions
- Transactions between related persons and partnerships
- Depreciation
- Like-kind exchanges
- Installment sales
- Review and examples of various aspects of Circular 230
- Allocation of items to shareholders
- Compensation issues
- Retirement plans for shareholders
- Basics of trusts as S corporation shareholders
- Dealing with debt
- Distributions
- Reporting
- Revocable trusts
- Trust & estate charitable deductions
- Basis in gift property
- Basis of inherited assets
- Consistent basis reporting
- Estate & gift tax on nonresident aliens
- Reverse mortgages
- Charitable giving
- Strategies for reducing capital gains
- Foreign individual taxation
- Penalty issues
- IRS MATH Act
- Dirty Dozen
- Retirement of FIRE system
- Business tax accounts
- Implementation of OBBBA (including Trump Accounts, tips, and overtime)
- No mailbox rule
- Genius Act
- Significant rulings and cases from August 2025 and beyond
- IRCE §754 strategy
- Holding period for raised heifers
- Gifting farm equipment to a child
- Retirement planning issues for farmers
- Residency and filing classification
- Income exclusions
- Deductions
- Retirement, disability, and survivor benefits
- Employer tax credits
- Estate and tax planning
- Qualified state and local benefits
- Employee tax issues
- EBLs/NOLs
- QBI refresher
- Equity compensation types, including incentive stock option, employee stock purchase plans, restricted stock awards and units, stock appreciation rights, phantom stokcs
- Equity compensation life cycle
- Planning considerations
- Amending individual returns
- Amending C corporation returns
- Amending S corporation returns
- Amending partnership returns
- Amending estate & trust returns
- Amending gift tax returns
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.
CPE Credits
Day 1
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Organization
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Credit Hours
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|---|---|
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CPE credits
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Up to 8 based on attendance and responses to polling questions
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Field of Study (NASBA)
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Taxes (6), Regulatory Ethics (2)
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IRS Categories
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Federal Tax Topics (3); Federal Tax Law Update (3); Regulatory Ethics (2)
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IL Insurance
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General (6); Ethics (2)
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IL MCLE
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Taxation (4.75); Professional Responsibility (1.75)
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CFP
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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.
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Day 2
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Organization
|
Credit Hours
|
|---|---|
|
CPE credits
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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
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General (8)
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IL MCLE
|
Taxation (6.5)
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CFP
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Taxation (8). Must attend the entire session to obtain any CPE due to CFP Board rules.
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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.