SEK’s Year-End Tax Webinar: Navigating the One Big Beautiful Bill Act

Description

Hear from Member of the Firm Nathaniel Fissel, CPA, MST, Manager Kelly Chambers, CPA, and Supervisor Nick Chapman, on topics, including: 

Key Tax Law Changes:

• Permanent extensions of Tax Cuts & Jobs Act (TCJA) provisions, including lower income tax rates and increased standard deductions 

New Deductions & Credits:

• $6,000 senior deduction for taxpayers 65+ 
• Child Tax Credit increased to $2,200 per child 
• State & Local Tax (SALT) deduction cap raised to $40,000 

Business Impacts:

• 100% bonus depreciation made permanent 
• Expanded Section 179 and Qualified Business Income (QBI) deductions 
• Changes to Research & Development (R&D) expensing and interest limitations 

Estate & Trust Updates:

• Lifetime gift tax exclusion adjustments and permanent rate changes 

Planning Strategies: 

• Tips for bundling deductions, optimizing credits, and preparing for retroactive provisions 

What's Still Unclear:

• Guidance on unresolved provisions and what to watch for in 2026 

Learn more and register here

This webinar is designed for individuals and business owners. The session qualifies for one hour of Continuing Professional Education (CPE) credit, which may apply toward your licensing or certification requirements. Please note that the information and materials provided are for educational purposes only and should not be considered tax advice. We recommend consulting your attorney, financial advisor, or accountant to address your specific circumstances.