Impact of OBBBA 2025 on the Individual Taxpayer
Online
6.00 Credits
Member Price $189.00
Non-Member Price $219.00
Overview
This program covers 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 dependent care and student loan reporting, will also be review.
*Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to terri.storer@acpen.com
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 OBBBA of 2025
Highlights
- OBBBA 2025 – New law provisions, those extended or made permanent with and without changes, and those repealed
- Illustrative example of how the OBBA changes may impact the everyday taxpayer
- Inflation adjusted rates for 2025 and 2026
- Dependent care credit
- Student loan deduction
- Review of other individual credits and deductions
Designed For
CPAs in public practice and members in industry seeking an individual tax update
Prerequisites
Basic working knowledge of individual taxation
Preparation
None
Notice
Your webinar can be accessed via https://ctcpas.acpen.com/. If you do not have an ACPEN account, please sign up for an account using the email address you have on file with CTCPA.
Leader(s):
Leader Bios
Steven Dilley, CPA, J.D., PhD, Federal Tax Workshops
Steve is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 33 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business and individual taxpayers. He has published numerous articles on these topics.
In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting. He received the 2005 "Distinguished Achievement in Accounting Education Award" in Michigan. He also received the 2007 "MSU Accounting and Information Systems Department Outstanding Teacher Award."
He obtained his Ph.D. in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.
Non-Member Price $219.00
Member Price $189.00