The One Big Beautiful Bill (OBBBA), signed into law on July 4, 2025, is packed with major updates that will impact how tax professionals serve both individuals and businesses in the upcoming filing seasons. This tax package introduces new tax credits, extends key provisions, and brings forth further compliance and regulatory changes that practitioners must grasp to stay informed and compliant. In this one-hour webinar, renowned tax expert, Dr. Bart Basi, will break down the bill’s key provisions, such as the most significant changes, hidden pitfalls, and identify some possible planning opportunities brought forth within the text.
This one-hour webinar is on August 25th, 2025, from 2-3pm, and counts for 1 hour of IRS CE under the category of Federal Tax Law Related Matters.
Learning Objectives:
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Identify and summarize the key provisions in the latest comprehensive tax bill and their potential impacts
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Apply and understand the new tax credits/deductions to take advantage of every tax incentive for your clients.
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Evaluate the relevant changes to compliance requirements, such as reporting thresholds, filing deadlines, and preparer responsibilities
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Plan ahead for how the future tax landscape may affect your clients’ goals and/or business models.
About the Presenter:
Dr. Bart A. Basi, the Senior Advisor at The Center for Financial, Legal & Tax Planning P.C., is a distinguished attorney and CPA, who also holds a Doctorate in Economics. As a Tax Course Instructor for the Internal Revenue Service’s Annual Filing Season Program, he educates tax preparers nationwide. Licensed in Illinois and New York, and admitted to the United States Supreme Court, Dr. Basi imparts expertise to CPAs and attorneys on financial, legal, and tax matters. Renowned as a sought-after speaker, he addresses audiences on topics including taxes, mergers, acquisitions, succession planning, and valuations for private companies. Additionally, Dr. Basi serves as a trusted advisor, guiding businesses through the complexities of inflation and economic impacts on strategic decision-making for private companies.
