The One Big Beautiful Bill Act of 2025 (OBBBA), enacted as H.R. 1, marks one of the most sweeping federal tax overhauls in recent history. For tax professionals, a thorough understanding of its provisions is essential to deliver accurate guidance and adjust strategies for both individuals and businesses. With key elements of the Tax Cuts and Jobs Act of 2017 (TCJA) set to expire at the end of 2025, the OBBBA redefines the tax landscape—introducing changes that will shape planning and compliance for years to come.
This course offers a comprehensive exploration of the OBBBA’s major provisions, including updates to income tax rules, modifications to expiring TCJA provisions, and revisions affecting business tax planning. You’ll also review the elimination of select green energy credits and the resulting implications for companies that previously depended on these incentives. In addition, the program will cover income, gift, and estate tax updates—along with their effective dates—to ensure you can confidently guide clients through compliance and forward-looking planning.
Topics Covered:
Key Provisions of the OBBBA.
TCJA Sunset and Legislative Extensions.
Adjustments in Business and Corporate Tax Planning.
Termination of Green Energy Incentives.
Effective Dates, Implementation, and Compliance Considerations.
More than forty years of practice in tax planning, estate and trust administration and planning, personal financial planning and accounting have given Warren an extraordinarily deep understanding of personal finance. At his New York City firm, Adelman, Katz & Mond LLP, his clients, who include primarily high net worth individuals, entrepreneurs and sole proprietors, benefit from his particular expertise in tax law, its applications and implications for individuals. Warren is an adjunct professor of accounting and taxation at Long Island University, New Jersey City University, and Rutgers Business School. He has spoken at the Institute of Management Accountants, both the New York and Long Island chapters of Financial Planning Association, the New York State Society of CPAs, New York University, and Lorman Educational Services
