Date: August 13th , 2025

Time: 1pmET | 12pm CT | 11am MT | 10am PT

Duration : 90 minutes

Description

This course provides a comprehensive overview of the significant changes to federal individual income tax rules introduced by the 2025 One Big Beautiful Bill (OBBB) tax act. Topics include the extension of key TCJA provisions, a new $6,000 senior deduction, and several groundbreaking tax breaks—such as no federal tax on tips, overtime income, and new car loan interest.

We’ll explore updates to energy credits, the Child Tax Credit, Adoption Credit, and charitable contribution rules, as well as the expanded estate tax exemption. The course will also cover newly introduced Trump Accounts (tax-advantaged savings for children), updates to 529 plans, and changes to reporting for Forms 1099-K and 1099-NEC.

Topics Covered: 

• 2025 Federal Individual Tax Updates.
• No Federal Tax on Tips or Overtime.
• Deductibility of Car Loan Interest.
• Expanded Child Tax and Adoption Credits.
• New $6,000 Senior Deduction.
• Individual Energy Credits.
• Charitable Contribution Rules.
• Trump Accounts & Expanded 529 Plan Uses.
• Estate Tax Exemption Updates.
• Qualified Opportunity Zones.
• Health Savings Accounts (HSAs).
• Dependent Care Credit.
• 1099-K and 1099-NEC Reporting Changes.
• SALT Deduction Revisions.
• Employee Retention Tax Credit (ERTC) Updates.

Learning Objectives:

• Identify new individual deductions and credits introduced under the 2025 OBBB legislation.
• Determine eligibility for tax-free treatment of overtime, tips, and interest on car loans.
• Advise clients on investment and savings strategies using Trump Accounts, expanded 529 plans, HSAs, and the increased estate tax exemption.
• Evaluate the current status and planning opportunities for federal energy credits, the Child Tax Credit, and adoption-related benefits.
• Guide clients on maximizing charitable deductions under the revised contribution rules.

Credits and Other information:

• Recommended CPE credit – 1.5
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Update
• Location: Virtual/Online
• Delivery method: Group Internet Based
• Attendance Requirement:  Yes
• Session Duration: 90 minutes

Who Will Benefit:

• CPA
• Enrolled Agents (EAs)
• Tax Professionals
• Attorneys
• Other Tax Preparers
• Finance professionals
• Financial planners

About Our Speaker

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.