The 2025 filing season brings sweeping updates under the One Big Beautiful Bill (OBBBA). From the introduction of Trump Accounts for minors to expanded SALT deduction limits, shifting AMT calculations, evolving PTET elections, and an array of new deductions (including tips, overtime, auto loan interest, and senior exemptions), tax professionals face both opportunities and challenges. This IRS-approved 2-hour webinar breaks down what’s changing, how to apply the rules in practice, and the strategies that can minimize liability and maximize benefits for your clients.
Led by Jason Dinesen, EA, this session explores real-world examples, planning insights, and the compliance issues that will shape 2025 and beyond.
Learning Objectives
By the end of this webinar, attendees will be able to:
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Explain Trump Accounts — eligibility, contribution rules, rollover provisions, and employer/govt contributions, including how basis is tracked when accounts convert to IRAs.
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Apply SALT deduction expansion rules — calculate phasedown reductions, plan around $40,000 caps, and recognize how these interact with high-income taxpayers.
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Evaluate PTET elections — compare benefits under the $40,000 SALT cap, determine AGI reduction strategies, and assess state-level opportunities.
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Assess AMT impact — analyze case studies under OBBB rules and identify income levels where AMT could still apply despite higher exemptions.
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Implement new deductions — apply rules for tips, overtime, car loan interest, and senior exemption deductions, including phaseouts and compliance challenges.
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Advise on charitable contribution planning — understand bunching strategies, the 0.5% AGI haircut in 2026, and the return of non-itemizer deductions.
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Recognize other planning opportunities — including dependent care credits, educator expenses, wagering losses, and limits on itemized deductions.
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.
