This course provides a comprehensive analysis of the 2026 Tax Legislation, often referred to as the One Big Beautiful Bill. Participants will gain a clear understanding of the new provisions, compliance requirements, and strategic planning opportunities introduced by this landmark legislation. Through expert insights and practical examples, attendees will learn how to interpret complex changes, apply them in real-world scenarios, and ensure compliance while optimizing tax outcomes for clients and organizations.
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2029 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Publication Date: July 2026
Designed For
This program is ideal for CPAs, tax advisors, enrolled agents, financial planners, and compliance professionals seeking to stay ahead of significant legislative changes. It is also highly recommended for firm leaders, managers, and decision-makers responsible for tax strategy and compliance oversight.
Topics Covered
- Overview of the 2026 Tax Legislation
- Major Provisions in the House version of Big Beautiful Bill
- Impact on Individuals and Businesses
- International
- Health Care Accounts
- Qualified Opportunity Zones
- Industry Specific Provisions
- Tax Exempt Organizations
- Miscellaneous Provisions
Learning Objectives
- Explain the process that the House, Senate and Committees undertake in passing tax legislation
- List the various provisions contained in the One Big Beautiful Bill passed by Congress of July 3, 2025, and sent to the President for signature
- Identify potential changes that could occur in future legislation or executive orders
- Identify potential future implications of the One Big Beautiful Bill
- Apply new compliance requirements to ensure accurate and timely filings
- Evaluate planning strategies to optimize tax outcomes under the updated law
- Identify potential risks and opportunities arising from the new tax framework
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
General understanding of Tax Legislation
Advance Preparation
None
Instructor
Allison McLeod
Professor McLeod, LL.M., JD, CPA, is currently a full-time Senior Lecturer at the University of North Texas, where she has taught classes in Corporate Income Taxes, Multi-jurisdictional Taxes, Individual Taxes, Tax Research, Ethics and Financial Accounting. She has taught as an adjunct professor at the University of North Texas College of Law.
Prior to Professor McLeod going into academia, she worked for 18 years in industry and in a Big Four accounting firm. Professor McLeod earned a law degree from Baylor School of Law, and an LL.M. degree in Taxation from Southern Methodist School of Law. She has been a licensed CPA since 1993 and has been licensed to practice law since 1992. Professor McLeod has enjoyed teaching live ethics course to CPAs since 2011 and is the owner of
www.cpaethicsonline.com, which offers on-line self-study courses to CPAs. She currently serves on the Professional Ethics Committee of the Texas Society of CPAs.which offers on-line self-study courses to CPAs. She served on the Professional Ethics Committee of the Texas Society of CPAs and the AICPA CPA Exam Committee (REG).