Signed into law on July 4, 2025, the One Big Beautiful Bill Act (OBBB) introduces sweeping federal tax reforms that will significantly impact both individual and business taxpayers. This timely and informative webinar provides a comprehensive overview of the key tax provisions included in the OBBB, including the long-anticipated permanence of select 2017 Tax Cuts and Jobs Act (TCJA) provisions. Participants will gain valuable insights into newly introduced “above the line” deductions, updates to itemized deductions, and important modifications to existing credits.
Additionally, the session will explore the repeal of certain individual green energy credits, the revision of the estate and gift tax exemption, and adjustments to business-related deductions and credits. With the IRS currently developing official guidance for the 2026 filing season, the course will also highlight areas pending clarification and identify critical implementation dates. This webinar is an essential resource for staying compliant and strategically prepared for the upcoming tax season.
Topics Covered Include:-
2017 Tax Cuts and Jobs Act (TCJA) provisions made permanent
New temporary tax deductions (tips, overtime, auto loan interest, and senior deduction)
Changes to itemized deductions
Repeal of individual green energy credits
Estate & gift tax exemption change
Changes to business deductions and credits
Your Benefits For Attending:-
Understand which temporary TCJA provisions are now permanent under the OBBB
Learn about new temporary deductions, including those for tips, overtime, auto loan interest, and seniors
Identify changes to itemized deductions, estate & gift tax exemptions, and business credits
Stay informed on the repeal of select green energy credits and what it means for individual taxpayers
Gain clarity on areas awaiting IRS guidance and how to prepare for the 2026 filing season
By attending this webinar, you’ll gain the critical knowledge necessary to navigate the federal tax changes introduced in the OBBB and begin preparing with confidence for the upcoming filing season.
Who Would Benefit from this Webinar:-
Tax professionals, CPAs, financial advisors, and business owners looking to understand the implications of the latest federal tax law changes and how they affect personal and business tax planning.
Speaker
Chuck Borek
Chuck Borek is a practicing attorney and founder of the Borek Group, LLC. Chuck is also a CPA, and his background includes five years as a partner in a public accounting firm. He received his law degree and MBA summa cum laude from the University of ... Chuck Borek is a practicing attorney and founder of the Borek Group, LLC. Chuck is also a CPA, and his background includes five years as a partner in a public accounting firm. He received his law degree and MBA summa cum laude from the University of Baltimore in 1993, where he was editor-in-chief of the Law Review. He has been teaching professionally since 1989, including four years as an Associate Professor of Accounting and two years as a Visiting Assistant Professor of Law.? He has lectured throughout the U.S. and has conducted both live and Web-based seminars. Chuck's publications include Legal Issues for Accountants and Auditors (BNA 2015); Borek's Maryland Business Planning Manual (MICPEL 2008); Hospital Accounting (BNA 2018), Contract Drafting and Review for the Maryland Lawyer (MSBA 2015); as well as numerous law review articles.