Webinar
Surgent's The One Big Beautiful Bill Act (OBBBA): What You Need To Know
-
Tuesday, October 28, 2025
-
-
4.00CREDITSTaxes
Many accounting and finance practitioners have had difficulty understanding and applying the One Big Beautiful Bill Act (OBBBA). Accounting and finance practitioners are still confused and challenged by many of the new and extended tax provisions that the OBBBA delivered. Mastering these crucial provisions requires multiple exposures to these challenging tax changes. This program is a four-hour review and analysis of the most important changes from the OBBBA that impact both individual and business taxpayers. This course affords accounting and finance practitioners an opportunity to gain a broader, deeper understanding of this wide-ranging set of new tax rules, to grasp what is new and what is a continuance of prior rules, and to develop deeper planning insights into the many changes that the OBBBA contains.
To the extent that the Treasury has provided guidance relating to OBBBA changes, we will discuss that guidance. We will also point out areas where Treasury guidance would be useful and areas where guidance is expected.
Objectives
- Be well informed about individual and business tax changes resulting from the OBBBA
Highlights
- The $6,000 senior deduction
- The QBI deduction
- Changes in the estate tax
- Wagering losses
- The SALT cap
- Tips, overtime, and car loan interest
- 1099 changes
- Trump Accounts
- Investments in students and education
- Bonus and Section 179 changes, including depreciation for qualified production property
- Full expensing of domestic research and experimental expenditures
- Changes in the deduction of business interest and business losses
- Renewal of Opportunity Zones
- Individual and corporate charitable contribution changes
- Expansion of Section 1202 stock
- Termination of credits for environmentally clean autos and expenditures
- Many other individual and business income tax changes contained in the OBBBA