Overview
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.
Prerequisites
None
Objectives
After attending this presentation, you will be able to...
- Recognize key individual and small business tax reforms introduced in H.R.1
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
Register Now
Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.
