Event Registration - North Dakota CPA Society

The tax landscape is shifting fast -- are you ready for the upcoming tax season? Get the critical updates you need to keep your clients ahead. From the sweeping new legislation – One Big Beautiful Bill Act (OBBBA) -- to IRS guidance and court rulings, learn about the key changes impacting individuals and businesses. Packed with planning strategies and practical insights, this update equips you to navigate complexity, uncover opportunities and provide trusted advice in the year ahead.
 
Major subjects
*One Big Beautiful Bill provisions, including new deductions for overtime, tips and car loans; expanded SALT deduction; revised itemized deduction phase-out; updates to Section 199A, bonus depreciation and excess business losses; PTET deduction rules; permanent extensions of individual tax rates; increases to the standard deduction; changes to employer-provided meals; and estate and gifting opportunities
*Roth accounts -- new "Rothification" of catch-up contributions
*Administrative releases, including IRS guidance on misclassification of employees as independent contractors
*Developments in the self-employment tax of LLC members
*New regulations on administrative appeals before the IRS
 
Learning objective(s)
*Summarize the key provisions of the One Big Beautiful Bill Act (OBBBA) and their implications for tax planning
*Identify other critical tax developments from the past year affecting compliance and client strategies
*Analyze how recent legislation impacts individuals and businesses
*Apply practical planning strategies to help clients maximize opportunities under the new law
 
Who should take this program?
Tax professionals who want to stay current on recent tax law changes, legislative updates and IRS guidance impacting both individuals and businesses
 
Prerequisites: A basic understanding of federal tax law and experience with individual and business tax return preparation
Advance prep: None
Field(s) of study: Taxes - Technical (8.0)
Level: Update
Format: Group Internet Based
 
Instructor: George Koutelieris, CPA and Greg White, CPA
George Koutelieris, CPA, MS-Tax, is the managing shareholder of the CPA firm Johnson & Shute, P.S. in Bellevue, Washington. He has more than 22 years of tax accounting experience. George is a frequent lecturer for organizations providing professional education to other tax CPAs and has written and presented live courses and webinars, covering a wide range of tax topics, for the last eight years.
 
Greg White, CPA, has practiced tax for more than 40 years, is licensed to practice in U.S. Tax Court and has argued cases before the Tax Court. He is founder and shareholder in the Seattle CPA firm WGN, P.S. and served as an adjunct professor at the Golden Gate University’s Seattle campus for more than 14 years. Greg has been named a “Top 50” IRS Practitioner by CPA Magazine.