Surgent's The Road Ahead: Critical OBBA Changes Impacting Accounting and Finance Professionals

Overview

It is important for accounting and finance practitioners to help their clients understand and apply the many new provisions of OBBBA. Many of these changes are effective for the 2025 tax year and beyond. This program is an introduction to and review of some of these critical changes and their impact on taxpayers. 

This program is a two-hour review and analysis of what we consider some of the most current and important changes from the OBBBA. If you want the latest OBBBA information to relay to your clients, this course is for you. 

Prerequisites

None

Objectives

• Understand the many new tax changes taking place as a result of OBBBA
• Advise clients with regard to planning strategies they could profitably adopt in light of the OBBBA changes

Highlights

• Marginal tax rates effective in 2025 and beyond
• The QBI deduction
• Qualified residential interest
• Child Care Credit 
• Miscellaneous itemized deductions, including the educator deduction
• Rollovers from 529 plans to ABLE accounts 
• Additional expenses treated as qualified higher education expenses for purposes of 529 accounts
• Termination of credits for environmentally clean autos and expenditures
• Other timely topics