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DTSTAMP:20260506T015546
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DTSTART:20270205T140000Z
DTEND:20270205T220000Z
UID:499007
SUMMARY:The Best Federal Tax Update Course by Surgent (BFTU)
LOCATION:Webinar
DESCRIPTION:The Best Federal Tax Update Course by Surgent (BFTU)\n\n02/05/27 08:00 AM CST\n - 02/05/27 04:00 PM CST\Description:\nIn this continually revised course, tax advisors will be fully updated on the most recent enacted legislation and IRS guidance, as well as major trends on the horizon with a view toward planning considerations. This update course is designed for all practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes.  Please Note: Due to content overlap, it is recommended that this course NOT be taken together with BITU.Objectives:
 Understand the latest enacted tax law changes
 Understand strategies and techniques to use in light of tax changes
 Understand current cases and rulings affecting individuals and businesses
 Presenters:Gregory HolzelField of Study:Taxes (8)Major Topics:
 Comprehensive coverage of individual provisions of the One Big Beautiful Bill Act, including but not limited to:
 
 TCJA provisions made permanent, including lower marginal tax rates, expanded standard deduction, and the increased child tax credit
 New Tip Income Deduction of up to $25,000 for individuals in customarily tipped ocupations, including updated final regulations (TD 10044)
 New Overtime Pay Deduction of up to $12,500 ($25,000 MFJ) for FLSA-eligible employees on qualifying overtime pay
 New Car Loan Interest Deduction of up to $10,000 annually for interest on qualifying new U.S. assembled vehicle loans
 New Temporary Senior Deduction of $6,000 for taxpayers aged 65 and older
 Expanded SALT Cap of up to $40,000 through tax year 2029
 Trump Accounts, a new savings vehicle for minors, including contribution rules, basis tracking, and the pilot program
 
 Comprehensive coverage of business provisions of the One Big Beautiful Bill Act, including but not limited to:
 
 100% Bonus Depreciation made permanent, including new Qualified Production Property (QPP) provisions
 Increased §179 deduction
 Changes to §174 R&E Expenditures, including restoration of immediate expenses
 Changes to §163(j) and new election withdrawal opportunities under Rev. Proc. 2026-17
 Form 1099/1099-K changes and increased reporting thresholds
 Qualified Small Busines Stock Exclusion changes
 
 Digital Assets & Tax Implications - understand the tax treatment of various digital assets, updated guidance on basis tracking and cost identification methods, as well as the phased rollout of Form 1099-DA for broker reporting
 The Gig Economy - examine key tax implications for gig workers, including Independent Contractor vs. Employee classification challenges and employer reporting responsibilities in light of both the IRS and DOL frameworks, including the DOL's 2026 proposed rule
 Timely coverage of breaking tax legislation
 Practice aids, including all the numbers applicable for the current year -- inflation-adjusted amounts, mileage rates, retirement contributions, and more
 Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas
 \Location:\nWebinar\n\n,
X-ALT-DESC;FMTTYPE=text/html:The Best Federal Tax Update Course by Surgent (BFTU)<br /><br />02/05/27 08:00 AM CST - 02/05/27 04:00 PM CST<br />Description:<br />In this continually revised course, tax advisors will be fully updated on the most recent enacted legislation and IRS guidance, as well as major trends on the horizon with a view toward planning considerations. This update course is designed for all practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes.  Please Note: Due to content overlap, it is recommended that this course NOT be taken together with BITU.<br><br><b>Objectives:</b><br><ul>
    <li>Understand the latest enacted tax law changes</li>
    <li>Understand strategies and techniques to use in light of tax changes</li>
    <li>Understand current cases and rulings affecting individuals and businesses</li>
</ul><br><b>Presenters:</b><br>Gregory Holzel<br><br><b>Field of Study:</b><br>Taxes (8)<br><br><b>Major Topics:</b><br><ul>
    <li>Comprehensive coverage of individual provisions of the One Big Beautiful Bill Act, including but not limited to:</li>
    <ul>
        <li>TCJA provisions made permanent, including lower marginal tax rates, expanded standard deduction, and the increased child tax credit</li>
        <li>New Tip Income Deduction of up to $25,000 for individuals in customarily tipped ocupations, including updated final regulations (TD 10044)</li>
        <li>New Overtime Pay Deduction of up to $12,500 ($25,000 MFJ) for FLSA-eligible employees on qualifying overtime pay</li>
        <li>New Car Loan Interest Deduction of up to $10,000 annually for interest on qualifying new U.S. assembled vehicle loans</li>
        <li>New Temporary Senior Deduction of $6,000 for taxpayers aged 65 and older</li>
        <li>Expanded SALT Cap of up to $40,000 through tax year 2029</li>
        <li>Trump Accounts, a new savings vehicle for minors, including contribution rules, basis tracking, and the pilot program</li>
    </ul>
    <li>Comprehensive coverage of business provisions of the One Big Beautiful Bill Act, including but not limited to:</li>
    <ul>
        <li>100% Bonus Depreciation made permanent, including new Qualified Production Property (QPP) provisions</li>
        <li>Increased <span style="color: #000000;">&sect;</span>179 deduction</li>
        <li>Changes to <span style="color: #000000;">&sect;</span>174 R&amp;E Expenditures, including restoration of immediate expenses</li>
        <li>Changes to <span style="color: #000000;">&sect;</span>163(j) and new election withdrawal opportunities under Rev. Proc. 2026-17</li>
        <li>Form 1099/1099-K changes and increased reporting thresholds</li>
        <li>Qualified Small Busines Stock Exclusion changes</li>
    </ul>
    <li>Digital Assets &amp; Tax Implications - understand the tax treatment of various digital assets, updated guidance on basis tracking and cost identification methods, as well as the phased rollout of Form 1099-DA for broker reporting</li>
    <li>The Gig Economy - examine key tax implications for gig workers, including Independent Contractor vs. Employee classification challenges and employer reporting responsibilities in light of both the IRS and DOL frameworks, including the DOL's 2026 proposed rule</li>
    <li>Timely coverage of breaking tax legislation</li>
    <li>Practice aids, including all the numbers applicable for the current year -- inflation-adjusted amounts, mileage rates, retirement contributions, and more</li>
    <li>Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas</li>
</ul><br />Location:<br />Webinar<br /><br />,  
PRIORITY:3
TRANSP:TRANSPARENT
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