May 29, 2025 – May 29, 2025
K2’s Tax Rumors: Breaking Down the 2025 House Tax Bill
Arthur Werner
Taxes
Earn Up to 1 CPE Credits
Overview
In 2025, significant changes are on the horizon for tax professionals, as the One Big Beautiful Bill Act (OBBBA) makes its way through Congress. Recently passed in the House of Representatives by a narrow 215–214 margin, the bill now awaits Senate consideration. This timely webinar focuses on the current state of the proposed legislation, offering practical insights into what practitioners can confidently act on now, and what to anticipate as the legislative process unfolds. The discussion emphasizes real-world impacts from OBBBA’s tax provisions, including a proposed increase in the child tax credit, a raised SALT deduction cap of up to $40,000, the reintroduction of 100% bonus depreciation, and the creation of government-seeded MAGA savings accounts. These shifts will directly affect individual clients, family businesses, and advisory services.
Led by nationally recognized tax educator Art Werner—known for decades of excellence in tax instruction—and forward-leaning technologist and practitioner Stephen M. Yoss, the session is moderated by industry leader Rick Telberg. Together, they deliver a balanced, detailed look at how professionals can begin aligning their planning, strategy, and technology with what’s coming. This webinar bridges the gap between legislative complexity and client-focused action, helping attendees understand the planning implications for 2025+ tax season and beyond. The conversation provides essential context for interpreting a bill that could permanently extend key elements of the 2017 Tax Cuts and Jobs Act while introducing modernized tools and tactics for the advisory role.
This session is the first in a year-long webinar series designed to keep tax and accounting professionals ahead of the curve. With a focus on timely tax law developments and transformative technology, the series equips practitioners to serve clients with greater clarity, confidence, and strategic foresight. Each installment will provide actionable knowledge to make attendees more informed, agile, and competitive in a rapidly changing environment.
Session Details
Thursday, May 29, 2025
Day #1
Tax Rumors: Breaking Down the 2025 House Tax Bill
Session Description
In 2025, significant changes are on the horizon for tax professionals, as the One Big Beautiful Bill Act (OBBBA) makes its way through Congress. Recently passed in the House of Representatives by a narrow 215–214 margin, the bill now awaits Senate consideration. This timely webinar focuses on the current state of the proposed legislation, offering practical insights into what practitioners can confidently act on now, and what to anticipate as the legislative process unfolds. The discussion emphasizes real-world impacts from OBBBA’s tax provisions, including a proposed increase in the child tax credit, a raised SALT deduction cap of up to $40,000, the reintroduction of 100% bonus depreciation, and the creation of government-seeded MAGA savings accounts. These shifts will directly affect individual clients, family businesses, and advisory services.
Led by nationally recognized tax educator Art Werner—known for decades of excellence in tax instruction—and forward-leaning technologist and practitioner Stephen M. Yoss, the session is moderated by industry leader Rick Telberg. Together, they deliver a balanced, detailed look at how professionals can begin aligning their planning, strategy, and technology with what’s coming. This webinar bridges the gap between legislative complexity and client-focused action, helping attendees understand the planning implications for 2025+ tax season and beyond. The conversation provides essential context for interpreting a bill that could permanently extend key elements of the 2017 Tax Cuts and Jobs Act while introducing modernized tools and tactics for the advisory role.
This session is the first in a year-long webinar series designed to keep tax and accounting professionals ahead of the curve. With a focus on timely tax law developments and transformative technology, the series equips practitioners to serve clients with greater clarity, confidence, and strategic foresight. Each installment will provide actionable knowledge to make attendees more informed, agile, and competitive in a rapidly changing environment.