Objective
- Understand strategies and techniques to use in light of new legislation
- Understand the latest enacted tax law changes
- Understand current cases and rulings affecting your clients
Highlights
- Comprehensive coverage of individual provisions of the One Big Beautiful Bill Act, including but not limited to:
- TCJA provisions made permanent
- New Tip Income Deduction
- New Overtime Pay Deduction
- New Car Loan Interest Deduction
- New Temporary Senior Deduction
- Expanded SALT Cap
- Trump Accounts
- Comprehensive coverage of business provisions of the One Big Beautiful Bill Act, including but not limited to:
- Bonus Depreciation made permanent
- Increased §179 deduction
- Changes to §174 R&E Expenditures
- Changes to §163(j)
- Form 1099/1099-K changes
- Qualified Small Business Stock Exclusion
- The Gig Economy - examine key tax implications for gig workers, including Independent Contractor vs. Employee classification challenges and employer reporting responsibilities
- Timely coverage of breaking tax legislation
- Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas
Designed For
Accounting and Finance Professionals who need to know the latest tax law changes in all areas of practicePrerequisite
Experience with individual and business clientsAdvanced Preparation
None