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From Brackets to Benefits: H.R. 1 Individual Tax Deep Dive
Tax
Webcast

From Brackets to Benefits: H.R. 1 Individual Tax Deep Dive

Part of the H.R. 1 Tax Masterclass Series, this session covers key individual tax changes, including SALT, brackets, deductions, credits, compliance, “Trump accounts,” and planning for 2025–2026 transitions.

$105 - $149
Do you have an AICPA or CIMA membership? Log in to apply your member discount.

Format

Webcast

Date

Oct 23, 2025

NASBA Field of Study

Taxes

Level

Intermediate

CPE Credits

3.5

Instructor

Deborah Walker, Mark Gallegos, Kasey Pittman , Annette Nellen

Availability

3 months

Product Number

WC5041420

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 Business & partner 
 Part of a discounted 
Product Details

Part of the H.R. 1 Tax Masterclass Series, this session covers the major individual tax changes under H.R. 1, also known as OBBBA.

We’ll begin with:

  • State and local tax (SALT) itemized limits and the temporary cap boost
  • Bracket creep and the fixed 37% top rate compared to inflation-indexed lower brackets

From there, we’ll explore temporary deductions, including:

  • The senior deduction
  • Car loan interest, tech, and gig economy write-offs
  • A new above-the-line deduction for tips and overtime

We’ll also:

  • Review planning scenarios for family credits ahead of the 2025 transition
  • Review current compliance and reporting changes
  • Compare “Trump accounts” to Roth IRAs and 529 plans.

The session wraps with tax planning strategies to help clients manage deduction phaseouts and prepare for 2026 rule changes.

Key Topics

  • SALT deduction cap increase
  • Family credits
  • Compliance and reporting changes
  • Tax planning synthesis
  • Employee benefits
  • "Trump accounts"

Learning Outcomes

  • Distinguish SALT strategies by assessing the impact of the temporary SALT cap increase and itemized deduction limits on client returns.
  • Compare the fixed 37% bracket to inflation-indexed brackets and quantify bracket creep effects.
  • Apply temporary deductions and implement client scenarios for senior, car loan, tech/gig, and tips/overtime deductions.
  • Calculate a plan around family credits, and design transition strategies for expanded child / dependent care (Sec 70405), adoption credits (refundability under Sec. 70402 and adoption costs under 70403) as well as the premium tax credit (section 71301).
  • Identify key reporting changes and draft checklists for Forms 1099 K/NEC thresholds and new forms.
  • Analyze recent changes to Sec. 127 educational assistance plans (including the employer paid student loan interest under ARPA), 529 plan expansions, the employer provided childcare tax credit (Sec. 70401), and employer provided dependent care assistance (section 70404).
  • Compare tax-advantaged accounts (e.g., contrast “Trump accounts” with Roth and 529 vehicles and formulate client conversation starters).

Who Will Benefit

  • CPAs
  • Tax practitioners
  • Small firms
  • Medium firms
  • Large firms
  • Sole practitioners

Bundle and Save

Bundle this session with the remaining four in the HR. 1 Tax MasterClass Series to access all 5 classes, earn 10 CPE credits, and receive a 20% discount compared to stand-alone pricing.

For a more comprehensive learning experience, combine the H.R. 1 Tax MasterClass Series with the HR. 1 PFP MasterClass Series — featuring 5 classes, 7 CPE credits, and a 25% discount off stand-alone course pricing.

Together, they form the H.R. 1 MasterClass Series Bundle: 8 classes, 15 CPE credits, and an additional 13% discount when purchased as a combined bundle.

Credit Info
CPE Credits
3.5
NASBA Field of Study
Taxes
Level
Intermediate
Prerequisites
Fundamental knowledge of the new H.R. 1 tax bill, commonly referred to as OBBBA.
Access
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
Duration
3 hrs
For more information, please refer to CPE requirements and NASBA sponsorship information
Pricing
Do you have an AICPA or CIMA membership? Log in to apply your member discount.
Nonmembers
$149.00
AICPA Members
$119.00
CIMA Members
$119.00
PFP Section Members
$105.00
Tax Section Members
$105.00

Group ordering for your team

2 to 5 registrants

Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.

Start order

6+ registrants

We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)

Contact us
Speakers
Deborah Walker
CPA
Based in the Firm's Washington, D.C. office, Deborah Walker, CPA, is National Director of the Firm's Compensation & Benefits Solutions group. She provides executives and employers guidance on short- and long-term incentive compensation arrangements, both domestically and internationally; tax controversy issues related to employment taxes and compensation items; qualified retirement plans; health benefits including healthcare reform; and other fringe benefits such as expense reimbursement arrangements concentrating on federal tax consequences and achieving strategic business goals. Recognized as a trusted advisor with more than 35 years of experience, Deborah also advises clients on compensation deductions in mergers and acquisitions; accounting methods for compensation items; financial statement reporting of compensation; and ESOPs. During COVID, Deborah was her firm's leading technical resource for PPP loans and employment tax credits including the Employee Retention Credit and the emergency paid COVID sick leave and FMLA credits. Prior to her arrival at Cherry Bekaert, Deborah served as a partner at two Big Four firms and Deputy to the Benefits Tax Counsel in the Office of Tax Policy at the U.S. Treasury Department, developing a broad understanding in the creation of legislation and regulations. She is also a published writer, authoring numerous articles regarding compensation and benefits matters. She was editor-in-chief of the Journal of Taxation of Employee Benefits and a member of the Tax Advisor Editorial Board. Deborah is a past Chair of the AICPA Tax Executive Committee, the AICPA Annual Employee Benefits Conference and the AICPA Employee Benefits Tax Resource Panel. She currently sits on the AICPA Tax Executive Committee and acts as that group’s liaison to the AICPA Employee Benefits Tax Resource Panel. In 2017 she was awarded the Arthur J. Dixon Memorial Award, the highest honor bestowed by the accounting profession in the area of taxation
Mark Gallegos
CPA, MST
Mark Gallegos, CPA, MST, is a tax partner on Porte Brown’s accounting and consulting services team in the Elgin, Ill., office. He has more than 25 years of experience and spends a great deal of time advising, speaking, and writing about international tax, mergers & acquisitions and credits and incentives. Gallegos has been entrenched in the intricacies of tax legislations and impending changes. Gallegos co-hosts a recurring webinar series on the topic and regularly speaks on tax legislation and other tax topics. Prior to joining Porte Brown LLC, Mark worked for two national accounting firms focusing on middle market clients. He has extensive experience working with closely held companies and providing tax strategies for a wide range of industries. Mark’s expertise and background on various tax issues enable him to excel in providing superior quality service to clients.
Kasey Pittman
CPA
Kasey Pittman, CPA, is a Managing Director of Tax Policy at Cherry Bekaert and has over a decade of public accounting experience. She is a member of both the American Institute of Certified Public Accountants and is a licensed CPA in Virginia. Kasey graduated magna cum laude from The College of William and Mary with a Bachelor of Business Administration in Accounting and summa cum laude from The University of Notre Dame with a Masters of Science in Accounting in Tax Services.
Annette Nellen
CPA, CGMA, Esq.
Annette Nellen, CPA, CGMA, Esq., is a professor at San José State University and director of the graduate tax program. She is the past chair of the American Institute of CPAs Tax Executive Committee and an active member of the taxation sections of the AICPA, American Bar Association, and California Lawyers Association. She is a co-editor and coauthor of the four South-Western Federal Taxation textbooks published by Cengage.
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services.The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

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We’ve paired this product in CPE & Learning bundles to help you meet your learning goals. As a bonus, bundles include even more savings.

Our top picks for additional learning - and savings

We’ve paired this product in CPE & Learning bundles to help you meet your learning goals. As a bonus, bundles include even more savings.

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