Monthly Tax Update with Ed Zollars - One Big Beautiful Bill Act - TCJA Extensions Plus More - (2 hours - afternoon) - Webcast
Overview
Stay in the know with this monthly tax update series, featuring Ed Zollars, CPA. Each month, Ed breaks down a different federal tax topic so you can stay on top of the changes and provide optimal service to your clients.
This Month: With the signing into law of the One Big Beautiful Bill Act CPAs are now faced with understanding a large new tax bill and applying what is in the bill to clients for 2025 and beyond. This course will look at the various provisions in the bill and some that were in the House bill but did not make it into the final bill signed into law. We'll look at the new rapidly upcoming deadlines to obtain certain energy tax credits due to the accelerated repeal of many energy incentives in the law, the revised SALT cap, the additional deduction for seniors, and more. Join us for an initial look at the changes that arrive with this new legislation.
Note: Course title changed on 7/8/25. The previously published title was: Monthly Tax Update with Ed Zollars - One Big Beautiful Bill Act? Something Else? July 2025 Status of Legislation.
OSCPA has partnered with the Idaho Society of CPAs for this event.
Highlights
- TCJA expiring provisions extended and/or made permanent, including tax rates, increased standard deductions, qualified business income deduction and more
- Relief given on bonus depreciation, domestic research and experimental cost expensing and §163(j) business interest
- New tax provisions such as the additional deduction for seniors, exclusion of tips and overtime pay, the deduction for interest paid on debt financing the purchase of a new car and the tax advantaged Trump accounts for those under age 18
Designed For
CPAs and tax professionals
Objectives
- Get Up-to-date information on a variety of tax topics
Leader(s):
Leader Bios
Edward Zollars, Partner, Thomas Zollars & Lynch Ltd
Edward K. Zollars, CPA-AZ, is in public practice in Phoenix, Arizona as a partner with the firm of Thomas & Zollars & Lynch, Ltd. He has been in practice for over twenty-five years, specializing in tax issues for closely held businesses and individuals. Ed has been professionally involved with both tax and technology issues, combing the two disciplines in starting the first tax podcast (Ed Zollars Tax Update, produced weekly dealing with current tax issues. He has been a member of AICPA Tax Division Committees dealing with tax and technology issues and was the Tax Section's representative on three occasions to the AICPA's Top Ten Technologies project. Ed is also a member of the Phoenix Tax Workshop's Advisory Committee, and currently serves on the Tax Legislation Liaison Committee for the Arizona Society of CPAs.Ed was selected as a Life Member by the Arizona Society of CPAs in May of 2010. Ed is a co-author of the Arizona Income Tax Guide published by the Phoenix Tax Workshop, and has written articles published in Practical Tax Strategies and the Tax Adviser. He has been a frequent contributor to a number of professional tax discussion groups, and served as systems operator on the AICPA's Accountants Forum in the mid 1990s. He has spoken regularly on tax and technology topics since 1996, speaking before conferences sponsored by the AICPA and a number of state society of CPAs.
(02/25/25)
Non-Member Price $120.00
Member Price $100.00