Tax Credits for Individual Taxpayers 2025-26
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Speaker : ANTHONY P.CURATOLA
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When : Monday, September 08, 2025
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Time : 01 : 00 PM EST
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Tony Curatola is the Joseph F. Ford Professor of Accounting and Tax at Drexel University in Philadelphia. Tony’s area of research is the taxation of individuals, small businesses owners, and retirement income. He has authored over 200 articles in his field and has completed sponsored research for external groups. His findings have appeared in media such as Forbes, The Washington Post, Wall Street Journal, and The New York Times. He is the former editor of the tax column for Strategic Finance, and the author of several interactive education courses for CeriFi (formerly Thomson Reuters courses). He holds a variety of leadership positions in accounting associations, including the Institute of Management Accountants. Dr. Curatola earned his B.S. in Accounting ’75 and MBA in Finance ‘77 from Drexel University, M.A. in Accounting ’79 from The Wharton School of the University of Pennsylvania, and Ph.D. in Accounting ‘81 from Texas A&M University.
Each tax year presents new and existing tax issues requiring tax professionals to consider and prepare for when advising their clients. The area of tax credits is particularly important to individual taxpayers because it provides them with the full credit amount that is not related to their marginal tax rate. As a result, lower income taxpayer benefits more from a tax credit than they do from a deduction.
The tax law makes many tax credits available to individual taxpayers, including ones for education, retirement savings, and childcare to name a few. In addition, tax credits fall into one of two classes of benefits: refundable and nonrefundable. A refundable one can provide a taxpayer with the full credit amount even if the taxpayer has no tax liability. To further confuse the tax issue is the prioritization of the tax credits claimed by a taxpayer. Hence, it is important to appreciate the value of a tax credit for individual taxpayers.
In this webinar, we review and illustrate the various individual tax credits that are generally available to individual taxpayers, including the tax forms that are filed to claim the tax credits and introduce any recent tax legislation that impact this area of the law.
Areas Covered
- An overview of the available tax credits for individuals.
- Recognize the non-refundable and refundable tax credits.
- In-depth discussion of the various tax credits.
- Apply the ordering rules to the tax credits.
- Illustrate the reporting requirements for these credits.
Who Should Attend
Tax preparers, CPAs, Accountants, Local and regional accounting firms, Financial Planners, Consultants
Why Should You Attend
In general, there are many tax credits that are available for individuals and small business to claim annually. The credits are more beneficial to lower income taxpayers because the reduce their tax liability directly. Moreover, some tax credits are refundable, which can allow a taxpayer to claim the entire credit amount even if they have no tax liability. The net result for these taxpayers is to receive a negative income tax. To further confuse the tax issue is the prioritization of the tax credits claimed by a taxpayer. Hence, it is important to appreciate the value of a tax credit for individual taxpayers.
In this webinar, we look at the tax credits applicable to individual taxpayers for the 2025 and 2026 tax years. Additionally, we present the tax forms that are required to claim the tax credits and introduce any recent tax legislation that impact this area of the law.
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$160.00
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