Date and Time: Tuesday, June 23 – 12:00 pm – 1:45 pm EST
Description: This program provides a review and update of the major business provisions of the OBBBA of 2025 (H.R. 1), focusing on provisions that have been extended and/or made permanent without changes and those provisions which had major changes or are new for 2025 and beyond.
Learning Objectives:
- Familiarize participants with recent business tax provisions.
- Identify key compliance issues.
- Discuss tax planning implications of OBBBA of 2025.
Program Content:
- Depreciation and Section 179 update.
- Review and update of recent developments to the R&E credit .
- Reporting business interest expense.
- Information reporting and Form 1099-K.
- Other recent business taxation developments.
Who should attend: CPAs in public practice and industry seeking an update on recent legislative changes impacting business taxpayers.
Program Level: Intermediate
Developed By: Federal Tax Workshops, Inc
Instructor: Steven C. Dilley, CPA, JD, PhD
CPE Credit: 2
Field of Study: Taxes
Prerequisites: Basic knowledge of business taxation.
Advanced Preparation: None
Qualifies for IRS PTIN Credit
Course Content
Steven C. Dilley, CPA, JD, PhD
Steve is President of Federal Tax Workshops, Inc., where for over 40 years, he has developed and presented continuing education seminars and webinars on tax, accounting and ethics topics for accountants and attorneys throughout the country. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business and has published numerous articles on these topics.
In addition, Steve is a Professor Emeritus of Accounting at Michigan State University, East Lansing, where he taught tax accounting. He has been received the “Distinguished Achievement in Accounting Education Award” in Michigan, as well as the MSU Accounting and Information Systems Department Outstanding Teacher Award.
Business Tax Update OBBBA and Recent Developments 2026 Handout/student]
Course materials are only available to students enrolled in the course.