Key Tax Issues for Business & Industry including the One Big Beautiful Bill Act

Overview

This course focuses on the key federal tax issues affecting business from the internal accountant’s point of view, with a focus on the major ramifications of the TCJA and other recent tax legislation and developments. Planning alternatives and the potential risks associated with those strategies will also be discussed.

Highlights

Recent legislative developments, including The One Big Beautiful Bill Act

• Increased 199A Deduction
• No Tax on Tips or Overtime
• Employer reporting required
• 100% Bonus reinstated
• Research Expenses
• 1099K Threshold

Prerequisites

Basic working knowledge of business taxation.

Designed For

CPAs, members in industry, and financial personnel working for closely-held, for-profit entities.

Objectives

• Distinguish the latest tax developments, rules and regulations affecting business and industry.
• Identify recent tax law impacting business tax returns.
• Define key compliance issues.

Preparation

None

Notice

• This event is paperless unless you elect to pay for printed materials.
• All materials will be available to download in advance and participants will receive an email two days prior to the course date.
• Materials will also be posted in the "My CPE" section of the NESCPA website.
• Parking and lunch are provided on-site