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Highlights of OBBBA Tax Law Changes

2 AFSP, EA, CFP®, CPA, CRTP

Track:

General session

Stay current on 2025 tax law changes, including H.R. 1, the One Big Beautiful Bill Act (OBBBA), and what they mean right now for individuals and businesses. We’ll unpack the headline changes, new “no tax on” deductions for tips and overtime (2025-2028), a new $6,000 senior deduction and the personal car-loan interest deduction. We’ll also cover how OBBBA reshaped the TCJA landscape by restoring 100% bonus depreciation and domestic R&D expensing, and what that means for investment, pass-through planning and year-end strategy. We’ll hit the latest IRS guidance, the evolving treatment of clean-energy credits and credit transfers, state conformity ripple effects, and the 2025 inflation adjustments you need to deliver timely, accurate advice.

Objectives

Upon completion of this session, you will be able to:

● Summarize recent tax law changes affecting 2025

● Apply new IRS guidance issued for 2025

● Analyze tax updates/changes regarding certain credits and deductions

● Explain any new or updated information reporting requirements

CPE information

Duration: 100 minutes

Course level: Update

Prerequisite: Basic knowledge of federal income taxation

Advanced preparation: None

Delivery method: Group Internet-Based



CPE credits
Designation
Field of study
IRS

2

AFSP

Federal Tax Law Update

IRS

2

EA

Federal Tax Law Update

NASBA

2

CPA

Taxes

CTEC

2

CRTP

Federal Tax Law Update

CFP Board

2

CFP®

n/a


Instructor(s)

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Tom O'Saben, EA, Ed. M

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Misty Erickson, MBA

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