Duration: 120 Minutes

Description:

Each tax year brings new challenges and opportunities for tax professionals advising individual clients, and 2025 is no exception. Tax credits remain a critical part of tax planning—often providing greater benefits to lower-income taxpayers than traditional deductions, since credits directly reduce tax liability dollar for dollar.

This comprehensive Continuing Education (CE) course offers a deep dive into the laws and updates governing individual tax credits, including the key changes introduced by the One Big Beautiful Bill Act of 2025 (OBBBA). Participants will explore a wide range of credits available to individual taxpayers—covering areas such as education, childcare, and retirement savings—and understand how these credits are applied, prioritized, and reported.

The program also examines the differences between refundable and nonrefundable credits, highlights updates effective for 2025 and beyond, and walks through practical examples and filing requirements to ensure compliance and accurate credit utilization.

Topics Covered:

• Key Tax Credit Changes Under the OBBBA.
• Overview of Individual Tax Credits.
• Refundable vs. Nonrefundable Credit Rules.
• Education and Childcare Credit Updates.
• Retirement Savings Credit Opportunities.
• Tax Credit Ordering and Prioritization Rules.
• Reporting and Filing Requirements.

Learning Objectives

• Identify the individual tax credits available for 2025, including those affected by the One Big Beautiful Bill Act (OBBBA).
• Differentiate between refundable and nonrefundable tax credits.
• Analyze the key provisions and practical applications of various individual tax credits.
• Apply the ordering and prioritization rules governing multiple credits.
• Explain the reporting and documentation requirements for claiming these credits accurately.

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

About Our Speaker 

Tony Curatola , PhD, MBA

Dr. Curatola is the Joseph F. Ford Professor of Accounting at Drexel University in Philadelphia and is one of the 2024 Top Educators award recipients. He was the Tax Column Editor for Strategic Finance between 1992 and 2024. He has served as the editor of the Journal of Legal Tax Research and currently serves on the editorial review board of several journals, and has held a variety of leadership positions, including current global service with the Institute of Management Accountants. He has published over 250 articles in journals including Journal of Financial Services Professionals, Journal of the American Taxation Association, Journal of Forensic & Investigative Accounting, Journal of Legal Tax Research, Strategic Finance, and Tax Notes to name a few. Dr. Curatola was a co-editor on IRA Answer Book by Wolters Kluwer and author of the EA Review course for Surgent Publishers. Dr. Curatola externally funded research findings have appeared in media such as Forbes Magazine, The Washington Post, The Wall Street Journal, The New York Times, and other media outlets.