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Tax Update: H.R. 1 "One Big Beautiful Bill" & Form 1040

Oct 1
3:00 - 5:00 p.m.

Online

2.00-Tax
CPE Credits

This course provides a focused analysis of the individual and small business provisions in H.R.1, "One Big Beautiful Bill." Tailored for tax professionals working with Form 1040 filers, the course explores impactful updates, from the no-tax-on-tips provision, to enhanced bonus depreciation - designed to inform planning strategies and compliance for the 2025 tax year and beyond. Participants will gain actionable insight into newly proposed deductions and expanded credits. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

After attending this presentation, you will be able to...

Recognize key individual and small business tax reforms introduced in H.R.1
Apply provisions such as no-tax-on-tips, no-tax-on-overtime exclusions, expanded senior deductions and car loan interest.
Evaluate planning opportunities using expanded credits, phase-outs, and entity-level deductions
Advise Form 1040 filers on compliance strategies and tax planning as these provisions take effect.

Highlights

The major topics that will be covered in this course include:

  • Individual Taxation: Child tax credit expansion, tip/overtime exclusions, SALT cap extension
  • Income & Adjustments: Tip income exclusion, overtime relief, educator expenses
  • Business Taxation: Bonus depreciation, §199A expansion, interest deduction limits
  • Estate & Gift Tax: Increased exemption thresholds, charitable deduction changes
  • Education Incentives: Student loan discharge, 529 plan expansion, new “Trump Accounts”
  • Compliance & Reporting: 1099-K threshold changes

Registration

PICPA Member: $89
Nonmember: $114

More Information

Course No. HIMHOBB2

Prerequisites: None

Notes
You will receive an email confirmation with the course link and details. This email will come from webinars@cpacrossings.com. If you do not receive this email immediately after your registration has been processed, first check your spam folder. If you still cannot locate the email, call the CPA Crossings Webinar Helpdesk at 877.370.2220 for assistance.

Speaker(s)

Mary Jane Hourani

Tax Accountant