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
