Mid-Year Tax Strategies: Planning for Individuals Under the One Big Beautiful Bill Act
Online
4.00 Credits
Member Price $160.00
Price will increase by $20 after 6/2
Non-Member Price $225.00
Price will increase by $20 after 6/2
Overview
This course is designed for tax practitioners seeking to enhance their knowledge of individual income taxation and provide clients with timely, effective tax planning advice before year-end. Participants will receive an in- depth review of Form 1040 issues and the latest updates to the Internal Revenue Code (IRC), including proposals under the One Big Beautiful Bill Act (OBBBA). The course will also address potential tax changes under the current administration, helping practitioners anticipate and plan for what may come. With a practical focus, this course equips professionals to navigate key tax topics such as income adjustments, deductions, credits, and planning strategies for retirement, estate, and financial goals. Attendees will leave with actionable insights to guide clients through mid-year tax decisions and evolving legislative developments.
Objectives
- Discuss major changes to the Internal Revenue Code due to recent legislation, including OBBBA.
- Identify tax planning strategies for clients in light of recent and proposed legislation.
- Update financial, estate, and retirement plans based on new tax rules.
- Analyze potential tax changes from the current administration and their implications.
- Recognize key issues related to Form 1040 filings, including status, deduction, and credit updates.
- Advise clients on capital gains, Social Security, and compensation/fringe benefits planning
Highlights
- Legislative changes affecting individual tax planning, including OBBBA proposals
- Income, deduction, and credit planning strategies
- Form 1040 issues: divorce, death of a taxpayer, and status updates
- Compensation, fringe benefits, and Social Security updates
- Foreign reporting, resident alien, and cryptocurrency tax matters
- Capital gains, Kiddie Tax, and related deductions
Designed For
CPAs, EAs, attorneys, financial planners, insurance agents, and bankers
Prerequisites
Basic understanding of individual taxation.
Preparation
None
Notice
To access this program, log into your CTCPA account at https://www.ctcpas.org/my-cpe/upcoming and click on the orange "Launch Event" button.
Leader(s):
Leader Bios
Arthur Werner, President, Werner-Rocca Seminars, Ltd.
Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals.
In addition, Mr. Werner is a former adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University.
Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School.
Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners and has presented more than 3000 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Non-Member Price $225.00
Member Price $160.00