About This Course
The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025, and it represents one of the most significant pieces of tax legislation in recent years. Spanning more than 800 pages and 10 titles, this law brings sweeping changes that affect both individual and business taxpayers starting immediately.
This session is designed to help you stay ahead of the curve and guide your clients with clarity and confidence. Whether you are preparing returns, advising on tax planning, or answering client questions about new provisions, this course gives you the foundation you need. For more practitioner training, browse our full course library.
What You Will Learn
The Legislative Journey – How the bill moved through Congress, from its introduction on May 16 to the House vote on May 22, Senate amendments on July 1, and the President signing it into law on July 4, 2025.
Key Tax Changes for Individuals in 2025 – TCJA provisions that are now permanent, including individual tax rates, the increased standard deduction, the SALT deduction cap rising to $40,000, and the QBI deduction locked in at 20%.
Brand New Deductions for 2025 – The No Tax on Tips deduction (up to $25,000), the No Tax on Overtime deduction (up to $12,500), the new Auto Loan Interest Deduction (up to $10,000), and the Enhanced Deduction for Seniors ($6,000).
Credits and Phase-Outs – Updates to the Child Tax Credit ($2,200 per child), changes to energy efficient vehicle credits, the Adoption Credit becoming partially refundable, and new SSN requirements across multiple credits.
Business Client Impacts – 100% bonus depreciation is back permanently, full R&D expensing (retroactive to 2022), 1099-K reporting thresholds restored to $20,000/200 transactions, and the Tip Credit expansion to the beauty service industry.
Provisions Coming in 2026 and Beyond – Trump Accounts for children, charitable contribution changes for itemizers and non-itemizers, the Child and Dependent Care Credit increase to 50%, DCAP limit increases, and gambling loss rule updates.
Your Client Action Plan – Practical steps you can take right now to help your clients take advantage of these new provisions and plan ahead for what is coming next.
Focus Area
Individual + Business
Tax Years Covered
2025 + 2026
Instructor
Nadia Rodriguez, CPA, CTC
Full Course Details Coming Soon
We are putting the finishing touches on this training. Check back shortly for registration details, pricing, and CE credit information. Want early access and practitioner Q&A on OBBBA? Join the PRO Inner Circle for ongoing advisory support.
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Disclaimer: This session is educational in nature and should not be construed as tax advice or legal advice. The information presented is believed to be accurate but is based on very recent legislation that is changing with agency guidance. We encourage you to monitor authoritative guidance for updates.