2025 Tax Legislation: The One Big Beautiful Bill (Video) (Course Id 2775)

• Who is this course for?
  This course is designed for corporate tax and finance executives, directors, managers and staff, CPAs, CAs, Enrolled Agents, accountants, attorneys, business and financial advisors, and other in-house or public practice tax professionals who work with and advise businesses on tax-related matters.

• What is this course about or what problem does this course solve?
  This course explains the legislative process behind the One Big Beautiful Bill passed on July 3, 2025, and provides a detailed review of the final tax and related provisions approved by Congress, including major House proposals, Senate-approved changes, and key provisions that were removed.

• How can the knowledge from this course be used?
  Participants can use the knowledge to understand the Congressional tax law process, interpret the major individual, business, international, and industry-specific provisions in the final legislation, and apply these insights when advising clients or businesses affected by the new law.

• Why is this course important to a CPA, Accountant, or IRS Enrolled Agent?
  This course is important because it provides 2 IRS credits and delivers timely, in-depth coverage of one of the most consequential tax laws in recent years, enabling CPAs, accountants, and IRS Enrolled Agents to stay current and properly advise clients on the law’s tax and broader policy implications.

• When is this course relevant or timely?
  This course is especially relevant following the July 2025 passage and signing of the legislation, as tax professionals must quickly understand the final provisions and their implications during the 2025 and subsequent tax planning and compliance periods.

• How is a course like this consumed or used?
  This is a 2.0 CPE credit QAS self-study video course consisting of one chapter with review questions and a 10-question final exam, and participants must pass the final exam with a score of at least 70% within one year of purchase to earn CPE and IRS credits.

Congress passed on July 3, 2025, one of most consequential tax legislation in recent years.  The well-informed tax practitioner will want to stay abreast of these developments!  This course will start with a short background of this legislation as it made its way through Congress and to the President’s desk.  We will then review the final provisions that was approved by the Senate and passed by the House.  We will also cover key issues that had been dropped from the initial House version and provide observations for possible future legislation.

Who should Attend:  This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have tax implications.  All in-house and public practice tax professionals will benefit from this timely and insightful seminar.

Program Content:

• The Congressional process in passing tax legislation.
• Major Tax Provisions in the House version of Big Beautiful Bill

• Individual
• General Business
• International
• Health Care Accounts
• Qualified Opportunity Zones
• Industry Specific Provisions
• Tax Exempt Organizations
• Miscellaneous Provisions

• Additional effects of the Big Beautiful Bill

• Healthcare and public health initiatives
• Energy policy and environmental regulations
• Defense and national security provisions
• Education funding and policy changes
• Agricultural supports and rural development
• Transportation and infrastructure investments
• Immigration and border security

Video - NASBA QAS - NASBA Registry - IRS Enrolled Agents - 2775

Course Learning Objectives

• Understand the process that the House, Senate and Committees undertake in passing tax legislation.
• Discuss the various provisions contained in the Big Beautiful Bill signed by the President on July 4, 2025.
• Become knowledgeable about other implications of the One Big Beautiful Bill in addition to the tax reform provisions.

Chapter 1 - 2025 Tax Legislation: The One Big Beautiful Bill

Chapter 1 Review Questions

Glossary