Tax Strategies Under H.R. 1 Conference (Day 2) (3 hours)

Overview

Tax Strategies Under H.R. 1: Navigating the New Era for Individuals and Businesses

The President signed on July 4, 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’ll be covering the OBBBA’s tax-related provisions including the increased SALT deduction, additional deduction for seniors age 65+, increased gain exclusion for qualified small business stock, renewed qualified opportunity zone investments, and new 529 plan eligible expenses. We’ll also cover planning implications of the new bill, ranging from new considerations for individuals making Roth conversions, changes to charitable deduction strategies, estate planning techniques, and more!

Highlights

Details for this conference are subject to change, please follow this link to see the most up to date information: https://cpacrossings1.box.com/s/l494i59jh2qif90xxp4cjw1n69zc0rbg

December 17th, 2025 - Businesses/Corporations

Session 1: The One Big Beautiful Bill: 2025 Tax Legislation for Businesses

Allison McLeod, LL.M., JD, CPA

Credits: 1 - Taxes

The President signed on July 4, 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.

Session 2: Research and Corporate Tax Credits Post-OBBBA - What's Left, What's Out, and How to Plan

Jonathan Forman

Credits: 1 - Taxes

Navigate the evolving landscape of corporate tax credits following the enactment of OBBBA.

R&E Deduction Relief: Explore the return of immediate expensing for domestic R&E costs, accelerated deductions, and retroactive opportunities for small businesses
Clean Energy Credit Shake-Up: Understand the accelerated phaseouts of Section 45Y (PTC) and Section 48E (ITC) for solar and wind facilities, and the new eligibility rules for energy technologies
What's Still Available?: Learn about credits that remain viable through 2033-2034, including energy storage, nuclear, hydropower, and geothermal and their transferability
Foreign Entity Restrictions: New rules disqualify credits for facilities with ties to certain foreign entities (e.g., China, Russia), impacting transferability and eligibility
Clean Fuel Credit Updates: Dive into the extended Section 45Z clean fuel production credit and its revised feedstock and emissions criteria
Advanced Manufacturing Credit Changes: Review modifications to Section 45X, including phaseouts for wind components and new rules for integrated components
Strategic Planning Tips: Learn how to time construction starts and credit elections to maximize remaining benefits before phaseouts take effect.

Session 3: Corporate Tax Strategy in the OBBBA Era - Planning for a New Framework

Matthew Gelsinger

Credits: 1 - Taxes

Equip your organization with strategic insights to optimize corporate tax planning under the new OBBBA provisions.

Bonus Depreciation & Section 179 Expensing: Discover how the reinstated full expensing for qualified assets impacts capital investment decisions, increased Section 179 Limits, New deduction for Qualified Production Property
R&D Expensing: Planning opportunities around immediate expensing of domestic R&D costs and retroactive relief for small businesses.
Section 163(j) Interest Expense: Tax considerations from permanent reinstatement of "EBITDA" approach for calculating ATI.
Permanent QBI Deduction: Understand the implications of making Section 199A permanent, including expanded phase-in ranges and new minimum deductions
International Tax Adjustments: Review permanent changes to FDII, GILTI, and BEAT, and their impact on global operations
Qualified Opportunity Zones (QOZs): Learn about the new permanent framework and enhanced incentives for rural investments
Strategic Planning Framework: Gain actionable insights for aligning entity structure, investment timing, and compensation planning with the new tax environment.

Designed For

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.

Objectives

After attending these presentations, you will be able to...

Identify the process that the House, Senate and Committees undertake in passing tax legislation.
Analyze the various provisions contained in the Big Beautiful Bill signed by the President on July 4, 2025.
Assess changes in new tax law and their impact on businesses.
Create an effective tax strategy considering the new rules.

Notice

“Adding to Calendar” does not register you for this event. Please either register online by clicking “Add to Cart” or contacting OSCPA at 503-641-7200 / 800-255-1470, ext. 3. Thank you!