OBBB 101: The Impact on Individual Taxpayers
Author: Susan Harper
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Law Updates for EAs and OTRPs
1 hour Federal Tax Updates for CTEC |
Explore the sweeping legislation with Susan Harper, Certified Fraud Examiner, in this comprehensive overview of the tax changes to individual taxpayers under the One Big Beautiful Bill Act. This course is designed to help tax professionals, CPAs, enrolled agents, attorneys, and financial advisors to navigate the high-impact changes including but not limited to extended tax cuts, increased standard deductions, no tax on tips and overtime, increased SALT deduction, car loan interest deduction, senior tax deduction, larger estate tax exemption, increased child tax credit, savings accounts for children, and so much more!
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 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 cardPublication Date: July 2025
Topics Covered
- One Big Beautiful Bill Act
- The Budget
- TCJA Provisions Made Permanent
- New Individual Tax Provisions
- New Tax Breaks for Individuals
- Clean Energy Credits
- Education Credits
- New Tax Breaks for Businesses
Learning Objectives
- Determine which provisions of the Tax Cuts & Jobs Act of 2017 (TCJA) have been extended, made permanent, or terminated by the OBBB Act
- Explain the impact on the clean energy tax credits by the OBBB Act
- Identify the many new tax provisions impacting individuals
- Recognize additional tax rules introduced by OBBB Act
- Describe the Alternative Minimum Tax changes under Section 70107
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
Basic understanding of Individual Tax
Advance Preparation
None
