Date and Time: Tuesday, January 6 – 10:00 am – 3:30 pm EST
Description: This program all of the major individual provisions of the OBBA of 2025 (H.R. 1), including detailed examples of provisions which were extended, made permanent with substantial changes, and new for 2025 and beyond. A comprehensive case study will apply many of these provisions to illustrate the impact of these provisions on the individual taxpayer. Other current individual tax issues, including crypto currency reporting and Disaster Relief Act, will also be review.
Learning Objectives:
- Familiarize participants with individual provisions of the OBBA of 2025.
- Identify key compliance issues.
- Provide numerical examples of changed and new provisions.
- Discuss tax planning implications of OBBA of 2025.
Program Content:
- OBBA 2025 – New law provisions, those extended or made permanent with and without changes, and those repealed.
- Inflation adjusted rates for 2025 and 2026
- Dependent care credit
- Student loan deduction
- Review of other individual credits and deductions
Who should attend: CPAs in public practice, enrolled agents and members in industry seeking the latest individual tax developments.
Program Level: Intermediate
Developed By: Federal Tax Workshops, Inc
Instructor: Steven C. Dilley, CPA, JD, PhD
CPE Credit: 6
Field of Study: Taxes
Prerequisites: Basic knowledge of individual 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.
Course materials are only available to students enrolled in the course.