Show notes

AEP Replaces First Time Abate: IR-2026-83

Tax in Action 21: “You Can’t Delegate Filing Deadlines”

Hough Beck & Baird, Inc. v. Comm., 167 T.C. 2

Opportunity zone transitional guidance: Notice 2026-40

IRS Security Summit

July 10 COVID-Era Refund Deadline NTA Blog

Trump Accounts app launch

First-year Working Families Tax Cuts data

Trump Accounts philanthropic stock contributions

Trump Account Investment lineup

John R. Dee v. Comm., 167 T.C. No. 1

Ways & Means Chair's statement

REG-113229-25 hearing notice

NTA Mid-Year Report

OPR Alert 2026-19 Introductory Guidelines for Responsible AI Use in Federal Tax Practice

Tom Gorczynski, EA, USTCP and John Youngblood, EA, “OPR Issues Guidance on Practitioner Use of AI”

IRB 2026-26, containing Notice 2026-36: Notice of Intent to Issue Regulations Under Section 4960

Sundancer Pools v. United States (No. 25-1291T)

Smith v. Commissioner, T.C. Memo. 2026-50

* CourtListener

* Tax in Action #2 Cracking the R&D Tax Credit Code: Section 41 Explained

Branch v. Commissioner, T.C. Memo. 2026-51

* CourtListener

ETAAC 2026 Annual Report

* IR-2026-77

2027 HSA Limits (Rev. Proc. 2026-24)

* IRB 2026-25

Federal Scholarship Tax Credit

* IR-2026-76

Schumacher v. Comm., T.C. Memo. 2026-47

* CourtListener

Wells v. Comm., T.C. Memo. 2026-49

* CourtListener

House Ways & Means Crypto Tax Hearing

* Crypto Briefing overview

* CoinDesk hearing recap

Kwong July 10 Deadline

* National Taxpayer Advocate Blog

I just went live to announce something I’m really excited about—a book club for tax pros! 🎉

We’ll be diving into books that challenge the way we think about tax, business, and advising clients, all while building a community of like-minded professionals. If you’ve ever wanted to read more but needed a little accountability (or just a good discussion), this is for you.

🔗 Join the book club by clicking here.

📖 Our first book is The Logic of Subchapter K by Cunningham and Cunningham.

I’ll keep signups open through the end of the week. Then, we’ll set our first meeting date and time. I hope to see you in the club!

Welcome to this special video issue of JWellsTax! From productivity to pricing, I empower tax professionals by helping them build thriving firms. Thank you to the 634 of you who have subscribed, especially those 18 who have a paid subscription!

A business won’t last long if it can’t effectively sell its offerings and collect payments from customers. That’s why, when I founded my firm, the first decision I made was to use the best sales platform I could. At the time (late 2019), that was Practice Ignition.

Now, more than four years later, Ignition continues to be the best in class and one of the three software options I recommend for small tax and accounting firms.

Click here if you’re interested in seeing if Ignition can work for your firm. (Affiliate link)

In this video, I show a few ways I optimize the buyer’s experience in my Ignition proposals. My goal is always to make signing up as a new customer as easy a decision and frictionless a process as possible. Ignition continues to evolve its product and functionality toward that end.

But don’t just take it from me! My friend and colleague Josh Youngblood published a great review of Ignition on his Substack.

If you’re a current Ignition customer, let me know how you use Ignition! What are your favorite features?

Also, let me know what you’re struggling with in Ignition. What feature is missing? What new feature or change could make using it easier for you?

Thanks again for reading!