Duration: 120 minutes

Description:

The One Big Beautiful Bill (OBBB) introduces significant and lasting changes to key family tax credits—changes every tax professional needs to understand. With permanent revisions to the Child Tax Credit (CTC) and Earned Income Credit (EIC), along with updates to related credits, the landscape around eligibility, refundability, and preparer due diligence is more complex than ever.

Are your clients ready for how these updates will impact their refunds, filing status, or audit exposure?

This continuing education (CE) course breaks down the critical tax credit changes under OBBB, including:

• Expansion of the CTC to $2,200 per qualifying child, with up to $1,700 refundable
• Requirement for qualifying children to have valid Social Security numbers
• Overview of the Other Dependents Credit (ODC)—a $500 credit for non-qualifying children and relatives
• Detailed guidance on phaseout thresholds, special rules for families with three or more children, and the interaction of refundable vs. non-refundable portions with adjusted gross income (AGI)

We’ll also dive into the Earned Income Credit (EIC), focusing on:

• Income limits and filing thresholds
• Residency and relationship tests
• Exceptions for Married Filing Jointly (MFJ)
• Investment income caps
• Form 8862 requirements after prior EIC disallowances

Major Topics Covered:

• OBBB Child Tax Credit updates
• Earned Income Credit rules and eligibility
• Other Dependents Credit (ODC)
• Phaseout ranges and refundable limits
• Preparer due diligence scenarios and compliance

Learning Objectives

• Explain the key changes under OBBB to the Child Tax Credit (CTC), Earned Income Credit (EIC), and Other Dependents Credit (ODC)
• Identify refundable limits, phaseouts, and special provisions for families with three or more qualifying children
• Evaluate eligibility criteria for the EIC, including income thresholds, filing status, and residency requirements
• Describe preparer due diligence responsibilities, related penalties, and recent IRS enforcement cases
• Apply OBBB tax credit rules to real-world tax preparation and compliance scenarios

Credits and Other information:

• Recommended CPE credit – 2.0
• 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: 120 minutes

Who Will Benefit:

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

Burton Financials is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

About Our Speaker

Jason Dinesen, LPA, EA, is an experienced entrepreneur, tax expert, and respected CPE presenter with over 15 years of experience serving individuals and businesses across a range of industries. His expertise spans accounting, bookkeeping, tax preparation, and business advisory services.
Widely recognized within the professional community, Jason is known for his clear, insightful analysis of tax laws and timely interpretations of IRS guidance. His ability to translate complex tax updates into practical knowledge has earned him a strong and loyal following among tax and accounting professionals.