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Tom O'Saben

πŸ‘€ Speaker
346 total appearances

Appearances Over Time

Podcast Appearances

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

That's really a good question.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

And I'm going to start with something that people haven't been talking about, because I'm a tax practitioner, along with the tax content job.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

I've been doing this for 35 years.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

And one of the things we had was a great expansion in energy credits under the American Rescue Plan under President Biden.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

Well, the one big, beautiful bill, as you just started describing, Sean, actually ends energy credits for most people now in 2025.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

What we didn't expect, and we didn't see it at the National Association of Tax Professionals either, is that they've actually made it harder

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

for clients to claim an energy credit in 2025.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

And so I wanted to give a couple of tidbits for the audience that I've run into, you know, meeting with my clients.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

For example, if you've had a new exterior windows installed or a new exterior doors or a new furnace, they're actually requiring this year what's called a Qualified Manufacturer ID number, a QMID.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

I've never seen that before in all of the years we've had energy credits.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

And then they've gone one step further saying that if you're going to file your return electronically, which I hope everyone who's watching this, including yourselves who have filed, do that electronically and not by paper, we have to actually attach

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

a PDF of the receipt for the purchase of those items.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

It seems kind of crazy in one respect when you think about this is the last year for energy credits, and they've made it even harder to go ahead and qualify for those credits.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

And we love tax credits because they're a dollar-for-dollar reduction in tax.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

So if I could, I'd like to give you a couple of sources that I've run across, and I'd like to thank social media for helping provide those.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

And one of them is called Quit...

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

carbon.com.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

And the other one is called Rebate Blue slash QMID.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

That's like Queen Mary Ida David.

NerdWallet's Smart Money Podcast
Talking Taxes With a CPA: What's New in 2026 and How to Navigate Filing Season

Those are a couple of sources where you can put in like the brand name, let's say Train, T-R-A-N-E.

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