This course will provide a detailed analysis of provisions contained in OBBBA which will take affect for tax year 2025 and beyond. In addition to hot topics, No Tax on Tips, No Tax on Overtime, and No Tax on Car loan Interest, we'll discuss changes to standard deductions, the new $6,000 exemption for seniors, increases for the child tax credit, child care credit, and more. On the deduction side, the increased SALT deduction, charitable contributions for non-itemizers, plus a new credit for certain charitable contributions. We'll review the timeline for terminating energy credits, plus business provisions for QBI, the R & D credit, depreciation, etc.

Learning Objectives:

• Review key provisions of the 2025 OBBBA impacting individuals and businesses.
• Apply updated rules to individual tax planning strategies.
• Evaluate changes to standard deductions, senior exemptions, and family credits.
• Recognize business-related changes for QBI, R&D credits, and depreciation.
• Identify expanded charitable contribution opportunities for both itemizers and non-itemizers.
• Analyze the termination timeline for energy-related credits.
• Develop client strategies to maximize tax savings under OBBBA provisions.
• Understand potential unresolved issues and expected clarifications.

Session Highlights:

• No Tax on Tips, Overtime, or Car Loan Interest
• New $6,000 senior exemption & standard deduction updates
• Expanded child tax credit and child care credit rules
• Increased SALT deduction for high-tax states
• Charitable deduction opportunities for all taxpayers
• Phase-out of renewable energy and clean energy credits
• Business provisions: QBI, R&D credit, and depreciation changes
• Practical tax planning moves for 2025 and beyond

Credits and Other information:

• Recommended CPE credit – 2.0
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Basic
• Location: Virtual/Online
• Delivery method: Group Internet Based
• NASBA Sponsor: 146439
• IRS Course ID: PJGWS-T-00124-25-O
• Attendance Requirement:  Yes
• Session Duration: 2 Hours
  • Case Studies and Live Q&A session with speaker
  • PowerPoint presentation for reference

Coder Archives is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Speaker Profile:

Jane Ryder, EA, CPA, is a nationwide professional educator.She writes and speaks on many income tax, business compliance, accounting, and tax representation topics.Jane has been providing tax preparation, accounting services, and tax collection resolution services since 1980.

She runs her San Diego CPA firm, Brass Tax Ryder Professional Group, Inc., and consults with colleagues on tax matters, audits, and business planning.