Go beyond the headlines with a series of courses that take a deeper look at federal law changes under the One Big Beautiful Bill Act (OBBBA). Focused on the practical implications for financial professionals, you’ll learn how to adapt your advising approach to support clients in achieving their financial goals amidst regulatory shifts. Part 1: Unpacks key changes including extended TCJA rate cuts, a larger standard deduction, expanded Child Tax Credit, and AMT adjustments Part 2: Explores how the One Big Beautiful Bill reshapes business and estate tax planning, including updates to bonus depreciation, Section 179, QBI rules, and R&D expensing, as well as the introduction of Trump and MAGA retirement accounts Part 3: Examines the introduction of MAGA accounts under the One Big Beautiful Bill (P.L. 119-21) and their impact on retirement and long-term financial planning
Learning Objectives
• Identify key individual tax changes under the OBBB, including rate cuts and standard deduction adjustments.
• Recognize updates to the Child Tax Credit, AMT thresholds, and new above
• the
• line deductions.
• Distinguish limitations on mortgage interest, casualty losses, and itemized deductions under OBBB.
• Evaluate the planning implications of new deductions for tip income, overtime, and auto loan interest.
Major Topics
• federal tax updates
• IRS compliance guidelines
• tax planning strategies
