The One Big Beautiful Bill (OBBBA), signed into law on July 4, 2025, brings major tax code changes that affect virtually every taxpayer. In this detailed and engaging course, tax expert Jason Dinesen, EA, walks you through the highlights and implications of OBBBA, from updated standard deductions and exemptions to changes in fringe benefits, child-related credits, and business provisions like Section 179 and bonus depreciation.
This course equips tax professionals and Enrolled Agents with actionable insights on how to apply new rules for tips, overtime, auto loan interest, wagering losses, energy credits, and more. Special attention is given to client planning strategies, phaseouts, and what provisions are permanent versus temporary.
Approved for AFSP and EA CE credits, this training ensures you’re well-prepared for the upcoming tax season with clarity and confidence.
In this information-rich session, you’ll learn:
- Identify key individual tax changes introduced by the One Big Beautiful Bill (OBBBA), including updates to tax rates, standard deductions, and exemption rules.
- Explain new deductions available for tips, overtime, auto loan interest, and non-itemizer charitable contributions.
- Apply revised rules to credits such as the Child Tax Credit, Dependent Care Credit, and Adoption Credit.
- Assess the impact of new and extended provisions related to energy credits, education savings, wagering losses, and PTETs (Pass-Through Entity Taxes).
- Understand business-related changes including Section 179 limits, QBI minimum deduction, 1099 reporting thresholds, and bonus depreciation.
- Evaluate new compliance issues such as the 1% excise tax on remittances, ERC claim limitations, and updates to the AMT and itemized deduction limitations.
This course Counts for 2 Hours of Federal Tax Law for IRS Continuing Education.
About the Presenter:
Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert, and a well-known presenter of continuing education courses.
Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics, and much more.
He has presented dozens of webinars on Form 1099 (for 10 years on this subject!), marriage in the tax code, tax updates, the new Form W-4, payroll updates, filing status, tax credits, corporation and partnership taxation, and other issues relating to the modern-day setting.
