This webinar provides tax and accounting professionals with a comprehensive update on the "Big Beautiful Bill Act."  The session will cover the tax law changes associated with this newly passed legislation.  Additionally, the speakers will share any tax planning tips and insights; impact to the professionals and clients; examples; and impact to the tax return.

Learning Objectives:

Cover the following tax law changes and provide insights:

• New Provisions - Effective in Tax Year 2025

  E.g. No tax on tips and overtime

• Retroactive Provisions - To Tax Year 2024

  E.g. Research and development credit changes

• Lapsed Provisions - In Tax Year 2024 & Tax Year 2025

  E.g. Electric vehicle credit 

• Permanent Extenders - With Adjustments

  E.g. State and local tax deduction

• Permanent Extenders - With No Adjustments

  E.g. Qualified business income deduction

• Future tax provisions

  E.g Trump Accounts

Who Should Attend?

Anyone who prepares tax returns and advises clients.

Course Level: Basic

Course Length: 90 Minutes

Delivery Method: Group - Live Internet

Field of Study: Taxes - Technical

CPE: 1

CE: 1

IRS Course Number: NESGF-U-00212-25-O