This course provides a focused analysis of the individual and small business provisions in Pub. L.
DESIGNED FOR
Enrolled Agent, CPA, Attorney, Tax Practitioner, Certified Financial Planner
BENEFITS
After attending this presentation, you will be able to...
- Recognize key individual and small business tax reforms.
- Apply provisions such as no-tax-on-tips, no-tax-on-overtime exclusions, expanded senior deduction, 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.
HIGHLIGHTS
The major topics that will be covered in this course include:
- Individual Taxation: Child Tax Credit expansion and additional senior deduction SALT cap extension
- Income & Adjustments: Tip income exclusion, overtime relief, educator expenses
- Education Incentives: Student loan discharge, 529 plan expansion, new “TRUMP Accounts”
- Business Taxation: Bonus depreciation, 199A expansion, interest deduction limits
- Estate & Gift Tax: Increased exemption threshold, charitable deduction changes
- Compliance & Reporting: 1099-K, 1099-NEC and 1099-MISC threshold changes
PREREQUISITES
None
ADVANCE PREPARATION
None