ODX07026: Tax Update: H.R. 1 “One Big Beautiful Bill” & Form 1040
Description
This course provides a focused analysis of the individual and small business provisions in H.R.1, “One Big Beautiful Bill.” Tailored for tax professionals working with Form 1040 filers, the course explores impactful updates, from the no-tax-on-tips provision, to enhanced bonus depreciation – designed to inform planning strategies and compliance for the 2025 tax year and beyond.
Objective
After attending this presentation, you will be able to... * Recognize key individual and small business tax reforms introduced in H.R.1 * Apply provisions such as no-tax-on-tips, no-tax-on-overtime exclusions, expanded senior deductions and car loan interest. * Evaluate planning opportunities using expanded credits, phase-outs, and entity-level deductions * Advise Form 1040 filers on compliance strategies and tax planning as these provisions take effect.
Advanced Preparation
None
Required Knowledge
None
Who Should Attend
CPA, EA, Tax Professional, Financial Planner, Attorney
Credit Types
- CPE – Taxes
- On Demand
Registration Fees
| Registration | Type | Price |
|---|---|---|
| ODX07026: Registration – Member | Mem | $105 |
| ODX07026: Registration – Non-Member | NM | $230 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.