H.R. 1 MasterClass Series Bundle

Get up to speed on the international tax provision overhaul in H.R. 1, P.L. 119-21, commonly referred to as One Big Beautiful Bill Act or OBBBA, in this concise 1-hour session, part of the H.R. 1 Tax Masterclass Series.

We’ll cover:

• Rate adjustments to Sec. 250 (formerly foreign derived intangible income or FDII) and Sec. 951A (formerly global intangible low-taxed income or GILTI) and base erosion and anti-abuse tax (BEAT) rules;
• Modifications to the foreign tax credit (FTC) rules under sections 904 and 960, including sourcing inventory sales and haircuts to taxes deemed paid attributable to previously taxed earnings and profits.

You’ll learn how reinstatement of Sec. 958(b)(4) drastically reduces Form 5471 filings, simplifying compliance related to U.S. shareholder inclusions.

We’ll close with practical planning considerations for cross-border operations and tax-efficient repatriations.

Key Topics

• Rate shifts and other adjustments to Sections 250 and 951A, BEAT, FTC changes
• Reinstatement of Sec. 958(b)(4); the reduction in Form 5471 filings; new Section 951B; and potential increase in application of passive foreign investment company rules

Learning Outcomes

• Calculate impacts due to rate adjustments and other international provisions.
• Identify effective tax changes for outbound investment and U.S. multinational planning.
• Identify base erosion payments and structure transactions to minimize BEAT exposure to effectively navigate BEAT.
• Calculate the reduction in Form 5471 filings and streamline U.S. shareholder reporting requirements by leveraging Sec. 958(b)(4) relief.

Who Will Benefit

• CPAs
• Tax practitioners
• Small firms
• Medium firms
• Large firms
• Sole practitioners

Bundle and Save

Bundle this session with the remaining four in the HR. 1 Tax MasterClass Series to access all 5 classes, earn 10 CPE credits, and receive a 20% discount compared to stand-alone pricing.

For a more comprehensive learning experience, combine the H.R. 1 Tax MasterClass Series with the HR. 1 PFP MasterClass Series — featuring 5 classes, 7 CPE credits, and a 25% discount off stand-alone course pricing.

Together, they form the H.R. 1 MasterClass Series Bundle: 8 classes, 15 CPE credits, and an additional 13% discount when purchased as a combined bundle.

Part of the H.R. 1 Tax Masterclass Series, this session covers the major individual tax changes under H.R. 1, also known as OBBBA.

We’ll begin with:

• State and local tax (SALT) itemized limits and the temporary cap boost
• Bracket creep and the fixed 37% top rate compared to inflation-indexed lower brackets

From there, we’ll explore temporary deductions, including:

• The senior deduction
• Car loan interest, tech, and gig economy write-offs
• A new above-the-line deduction for tips and overtime

We’ll also:

• Review planning scenarios for family credits ahead of the 2025 transition
• Review current compliance and reporting changes
• Compare “Trump accounts” to Roth IRAs and 529 plans.

The session wraps with tax planning strategies to help clients manage deduction phaseouts and prepare for 2026 rule changes.

Key Topics

• SALT deduction cap increase
• Family credits
• Compliance and reporting changes
• Tax planning synthesis
• Employee benefits
• "Trump accounts"

Learning Outcomes

• Distinguish SALT strategies by assessing the impact of the temporary SALT cap increase and itemized deduction limits on client returns.
• Compare the fixed 37% bracket to inflation-indexed brackets and quantify bracket creep effects.
• Apply temporary deductions and implement client scenarios for senior, car loan, tech/gig, and tips/overtime deductions.
• Calculate a plan around family credits, and design transition strategies for expanded child / dependent care (Sec 70405), adoption credits (refundability under Sec. 70402 and adoption costs under 70403) as well as the premium tax credit (section 71301).
• Identify key reporting changes and draft checklists for Forms 1099 K/NEC thresholds and new forms.
• Analyze recent changes to Sec. 127 educational assistance plans (including the employer paid student loan interest under ARPA), 529 plan expansions, the employer provided childcare tax credit (Sec. 70401), and employer provided dependent care assistance (section 70404).
• Compare tax-advantaged accounts (e.g., contrast “Trump accounts” with Roth and 529 vehicles and formulate client conversation starters).

Who Will Benefit

• CPAs
• Tax practitioners
• Small firms
• Medium firms
• Large firms
• Sole practitioners

Bundle and Save

Bundle this session with the remaining four in the HR. 1 Tax MasterClass Series to access all 5 classes, earn 10 CPE credits, and receive a 20% discount compared to stand-alone pricing.

For a more comprehensive learning experience, combine the H.R. 1 Tax MasterClass Series with the HR. 1 PFP MasterClass Series — featuring 5 classes, 7 CPE credits, and a 25% discount off stand-alone course pricing.

Together, they form the H.R. 1 MasterClass Series Bundle: 8 classes, 15 CPE credits, and an additional 13% discount when purchased as a combined bundle.

Dive into H.R. 1, commonly referred to as OBBBA, business tax provisions, and planning imperatives in this session of the H.R. 1 Tax Masterclass Series.

We begin with:

• Research and development (R&D) expensing under Sec. 174, including amendments, retroactivity, and small business election
• Cost segregation/qualified production property (QPP)

Next, we'll lock in on:

• Qualified business income (QBI) benefits
• Temporary state and local tax (SALT) cap boost
• Passthrough entity (PTE) workarounds

Industry experts will share insights on:

• Real estate (mortgage, Opportunity Zones (OZs), Sec. 179D),
• Manufacturing (bonus/production property) and construction

We will talk about the M&A provisions and an entity choice module, expanding on qualified small business stock (QSBS) tiers, OZ permanence, and leverage considerations.

We’ll touch on:

• The revived employee retention credit (ERC) and employer benefits planning
• Energy incentives
• Mapping timelines
• Documentation requirements
• State/ESG alternatives

Key Topics

• R&D / Sec. 174 / Cost Segregation / QPP
• QBI
• SALT — Temporary cap increase, PTE workarounds, and state conformity updates
• Industry specific highlights
• M&A provisions and entity choice
• ERC and new planning considerations
• Energy incentives

Learning Outcomes

• Apply Sec. 174 retroactivity rules and small business elections to research budgets to optimize R&D expensing.
• Distinguish QBI safe harbor strategies and model SALT cap/PTE workarounds across states.
• Use actionable strategies for real estate, manufacturing, and construction clients, leveraging mortgage/OZ incentives, Sec. 179D deductions, and bonus depreciation timing.
• Compare QSBS tiers, OZ permanence, and entity-based leverage for tax efficiency for M&A entities.
• Identify ERC eligibility and design Trump EE comp agreements ahead of Sec. 274(o) to revive ERC and comp plans.
• Determine incentive deadlines, satisfy documentation rules for Sec. 179D, and integrate ESG alternatives to leverage energy incentives.

Who Will Benefit

• CPAs
• Tax practitioners
• Small firms
• Medium firms
• Large firms
• Sole practitioners

Bundle and Save

Bundle this session with the remaining four in the HR. 1 Tax MasterClass Series to access all 5 classes, earn 10 CPE credits, and receive a 20% discount compared to stand-alone pricing.

For a more comprehensive learning experience, combine the H.R. 1 Tax MasterClass Series with the HR. 1 PFP MasterClass Series — featuring 5 classes, 7 CPE credits, and a 25% discount off stand-alone course pricing.

Together, they form the H.R. 1 MasterClass Series Bundle: 8 classes, 15 CPE credits, and an additional 13% discount when purchased as a combined bundle.

This hidden gems session will spotlight lesser-known provisions of H.R. 1, also known as OBBBA, that advisers may overlook but that carry important planning implications for clients.

It will cover changes to:

• Health savings accounts
• 529 education savings accounts
• Student loans
• Dependent care assistance plans
• Revised 1099 reporting thresholds

This session will also cover other key updates that may get missed.

Key Topics

OBBBA, HR 1, Education planning, financial planning, tax planning

Learning Outcomes

• Distinguish and interpret tax and financial planning opportunities for client education decisions, including 529 plans and student loans.
• Analyze the impact of H.R. 1 on dependent care assistance programs and information return reporting.
• Determine how these hidden provisions create new or expanded tax and financial planning opportunities for various client segments for 2025 and beyond.
• Calculate client delivery approaches to confidently and proactively address client questions about less-discussed tax law changes.

This event is CFP-eligible

Who Will Benefit

• CPAs in public practice or industry
• Tax advisers and planners
• CPA personal financial planners
• Firm leaders seeking to enhance advisory services
• Non-CPA financial advisers

Bundle and Save

Bundle this session with the remaining four in either the in the HR. 1 PFP MasterClass Series (5 classes, 7 CPE credits) or the HR. 1 Tax MasterClass Series (5 classes, 10 CPE credits). Both series offer discounts for bundling versus purchasing 5 stand-alone courses.

For a complete learning experience, bundle both Series with the H.R. 1 MasterClass Series Bundle — 8 classes, 15 CPE credits and an additional 13% discount when purchased together.

H.R. 1, commonly referred to as OBBBA, made sweeping changes to tax law.

The indirect planning implications are significant for both income and estate planning.

This webinar assumes attendees are already familiar with the basic H.R. 1 changes and builds on that foundation with a discussion of how and when to use non-grantor trusts in post-H.R. 1 planning, especially in charitable strategies.

With the high exemption now permanent, estate planning will shift from minimizing estate taxes to using trusts to reduce income taxes. Non-grantor trusts will play a central role in that shift.

Key Topics

OBBBA, HR 1, charitable planning, Trusts, Non-Grantor trusts, deductions, Lead trusts, trustees

Learning Outcomes

• Distinguish the application of the 2/37th reduction in charitable contribution deductions on trusts.
• Determine the impact the new limit will have on trusts’ charitable beneficiaries.
• Analyze how charitable lead trusts will be affected.
• Determine responsibilities of trustees for various trusts in light of H.R. 1 changes.
• Differentiate when non-grantor trusts benefit versus when using QCDs, bunching, or other planning techniques may be preferable.

This event is CFP-eligible

Who Will Benefit

• CPAs in public practice or industry
• Tax advisers and planners
• CPA personal financial planners
• Firm leaders seeking to enhance advisory services
• Non-CPA financial advisers

Bundle and Save

Bundle this session with the remaining four in the HR. 1 PFP MasterClass Series to access all 5 classes, earn 7 CPE credits, and receive a 25% discount compared to stand-alone pricing.

For a more comprehensive learning experience, combine the H.R. 1 PFP MasterClass Series with the HR. 1 Tax MasterClass Series — featuring 5 classes, 10 CPE credits, and a 20% discount off stand-alone course pricing.

Together, they form the H.R. 1 MasterClass Series Bundle: 8 classes, 15 CPE credits, and an additional 13% discount when purchased as a combined bundle.

This webcast will focus on appropriate planning under H.R. 1, commonly known as OBBBA, for moderately wealthy and high-net-worth clients.

We’ll cover planning for spouses and business owners, including recent key cases, as well as life insurance strategies.

The session will also address the shift from traditional estate tax planning to estate, trust, and gift techniques that focus on income tax basis planning, which is now relevant for a broader range of clients.

Key Topics

OBBBA, HR 1, estate planning, gifting, Trusts, UHNW clients, HNW, portability

Learning Outcomes

• Distinguish the estate, gift, and trust changes included in H.R. 1.
• Determine the best overall approach to planning for clients at different levels of wealth.
• Analyze numerous specific planning techniques to decide which will work best for specific clients.

Who Will Benefit

• CPAs in public practice or industry
• Tax advisers and planners
• CPA personal financial planners
• Firm leaders seeking to enhance advisory services
• Non-CPA financial advisers

Bundle and Save

Bundle this session with the remaining four in the HR. 1 PFP MasterClass Series to access all 5 classes, earn 7 CPE credits, and receive a 25% discount compared to stand-alone pricing.

For a more comprehensive learning experience, combine the H.R. 1 PFP MasterClass Series with the HR. 1 Tax MasterClass Series — featuring 5 classes, 10 CPE credits, and a 20% discount off stand-alone course pricing.

Together, they form the H.R. 1 MasterClass Series Bundle: 8 classes, 15 CPE credits, and an additional 13% discount when purchased as a combined bundle.

The H.R. 1 tax bill introduced a range of provisions with varying income thresholds and phaseouts.

Our expert CPA/PFS panel will break down these changes and share tactical guidance for applying them with clients.

Understand how to manage these phaseouts, both above and below the line, and how to pair them with strategies like Roth conversions and QCDs.

This information can help set you apart as a CPA financial planner.

Key Topics

OBBBA, HR 1, phaseouts, thresholds, SALT, shifting income, Roth conversions, investment strategies

Learning Outcomes

• Apply the 2/37th itemized deduction limitation.
• Use the 45.5% SALT effect rate.
• Compare how the new phaseouts affect Roth conversions and when not to do a Roth conversion.
• Apply opportunities to use non-grantor trusts to shift income.
• Determine how to time RMDs and QCDs to avoid these limitations.
• Calculate why you should itemize in 2025 not 2026.
• Apply Roth conversions from age 50 to 63 to reduce IRMAA and avoid phaseouts.
• Calculate the use of oil and gas investments to reduce AGI and avoid phaseouts.
• Use passive activity losses to offset passive income.
• Determine when to use bonus depreciation, Section 179, and cost segregation to reduce AGI.
• Determine the potential for defined benefit plans to reduce AGI.
• Use investment strategies to defer income and reduce AGI.

This event is CFP-eligible

Who Will Benefit

• CPAs in public practice or industry
• Tax advisers and planners
• CPA personal financial planners
• Firm leaders seeking to enhance advisory services
• Non-CPA financial advisers

Bundle and Save

Bundle this session with the remaining four in the HR. 1 PFP MasterClass Series to access all 5 classes, earn 7 CPE credits, and receive a 25% discount compared to stand-alone pricing.

For a more comprehensive learning experience, combine the H.R. 1 PFP MasterClass Series with the HR. 1 Tax MasterClass Series — featuring 5 classes, 10 CPE credits, and a 20% discount off stand-alone course pricing.

Together, they form the H.R. 1 MasterClass Series Bundle: 8 classes, 15 CPE credits, and an additional 13% discount when purchased as a combined bundle.

Kick off the Tax and PFP MasterClass series with a high-level look at H.R. 1, commonly known as OBBBA, and what it means for tax professionals and financial planners.

Annette Nellen, CPA, Esq., will break down the complex rollout of OBBBA’s effective dates, including:

• What’s already in effect
• What’s coming soon
• How the timeline affects your planning priorities

Then, Mark Gallegos, CPA, MST, will cover the effect on key taxpayer groups, including:

• Wage earners
• Business owners
• High-net-worth individuals
• Retirees
• Multistate filers
• Cross-border households

This strategic session gives you a roadmap to the law’s phased rollout and helps you guide clients through tax reform with confidence.

Key Topics

OBBBA, HR 1, effective dates, taxpayer profiles, client communication, conversation, financial planning, tax planning

Learning Outcomes

• Distinguish the effective dates and phased implementation of OBBBA provisions.
• Distinguish effective date relevance to planning due diligence efforts for 2025 and beyond.
• Determine key taxpayer profiles most affected by OBBBA’s provisions, along with the practical implications for each group.
• Apply a segment-based approach to client communication and planning, using real-life scenarios and action-oriented conversation starters.
• Analyze planning strategies based on timing, taxpayer profile, and evolving guidance across income levels, entity types, and multistate/international exposures.

Who Will Benefit

• CPAs in public practice or industry
• Tax advisers and planners
• CPA personal financial planners
• Firm leaders seeking to enhance advisory services
• Non-CPA financial advisers

Bundle and Save

Bundle this session with the remaining four in either the in the HR. 1 PFP MasterClass Series (5 classes, 7 CPE credits) or the HR. 1 Tax MasterClass Series (5 classes, 10 CPE credits). Both series offer discounts for bundling versus purchasing 5 stand-alone courses.

For a complete learning experience, bundle both Series with the H.R. 1 MasterClass Series Bundle — 8 classes, 15 CPE credits and an additional 13% discount when purchased together.