Seminar
Overview and Analysis of the New Tax Law Part 1: Focus on Individual Tax
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Thursday, August 14, 2025
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Virtual
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4.00CREDITSTaxes
The passage of OBBBA represents the most consequential tax law since The Tax Cuts and Jobs Act
(TCJA) in 2017. It is now up to accounting and finance practitioners to digest this new legislation so they
can adequately advise their clients regarding its effect. This course includes detailed coverage of all the
individual tax provisions contained in OBBBA. Our experts have broken down this voluminous legislation
and distilled its presentation into two parts, each offering four CPE credits. These courses are
independent of each other and do not need to be taken in order. For coverage of all business tax
provisions, please see Overview and Analysis of the New Tax Law Part 2: Focus on Business Taxation.
Surgent is providing first-to-market coverage of the legislation in a comprehensive but easily digestible
manner. We will, of course, bring our customers future clarifications and corrections emanating from the
legislation. Clients will be immediately asking about these enactments, and a real-time understanding of
them will be critical to properly provide advice.
Objectives
Highlights
- Treatment of state and local taxes (SALT)
- Taxation of overtime pay
- Treatment of income from tips
- New deduction for senior citizens
- Marginal tax rates, personal exemptions, itemized deductions, Child Tax Credit, Alternative
Minimum Tax, casualty losses, and other return items - Moving expense exclusion
- Dependent Care Assistance Program and Child and Dependent Care Tax Credit
- Home mortgage interest deduction
- Deduction for new vehicle loan interest
- Non-itemizer tax deductions
- Trump accounts/pilot program
- Estate and gift tax changes
- Energy deductions and credits
- Education: expanded use of 529 plans; student loans
- Many, many other newly enacted individual tax provisions in the far-reaching legislation affecting
nearly all taxpayers and their advisors