Overview

Whether you asked for it (or not), it's here! This program will dig into the meat of the One Big Beautiful Act that will matter to both your business and individual taxpaying clients. The course is intended to prepare the practitioner for the upcoming filing season and provide useful strategies to assist in the tax preparation process.

Course Instructor: Douglas Van Der Aa

Highlights

Highlight significant tax changes impacting 2025 and 2026 returns

Digital asset reporting issues

Big changes to Form 1040 and New Schedule 1A

OBBBA Permanent extension of TCJA provisions

Increased 2025 Standard Deduction and inflation-adjusted Brackets

No Tax on Tips and Overtime

Employer and employee reporting challenges

New limitations on itemized deductions

Section 179 and 168(k) Bonus changes

Research expenses and Section 163(j) business interest expense

Termination of clean vehicle and other "green" tax credits

Partnership and S Corporation updates

Updated K2/K3 Domestic Filing Exception and NEW Small Partnership Exception

2025 & 2026 tax planning

Prerequisites

Basic working knowledge of business and individual taxation.

Designed For

Practitioners desiring an update on significant developments to prepare for the filing season, staff members who will have significant compliance assignments during tax season, and members in industry seeking to keep their knowledge current.

Objectives

Identify the latest legislation and regulations impacting individual and business taxpayers.

Implement practical strategies based on recent developments.

Apply changes in tax forms.

Discuss planning and potential pitfalls.

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

Lodging

SpringHill Suites by Marriott
3604 Prairieview St.
Grand Island, NE 68803
Book your group rate for NE Society of CPAs - December 2025

Last day to book: December 10, 2025

Fees

Credits

Level

Code

Vendor

Fields of Study

See Who's Coming

Robert Almquist
Joyce Anderson - Joyce Anderson, CPA, LLC (McCook)
Laurie Ann Buhlke - Contryman Associates PC (Grand Island)
Barrett Hahn - T.M.C., Inc. (Alda)
Steven Horst - Horst & Associates, PC (Grand Island)
Leon Jessen - King, Reinsch Prosser & Co., LLP (Sioux City)
Heather Lightwine - NorthPointe Insurance, Inc. (Geneva)
Thomas Stevenson - Dohman, Akerlund & Eddy LLC (Aurora)
Timothy Vaughn - AMGL PC (Grand Island)
Susan Walters - Dohman, Akerlund & Eddy LLC (Aurora)