H.R. 1 and the Road Ahead: Emerging Business Tax Considerations

Tax

Webcast

H.R. 1 and the Road Ahead: Emerging Business Tax Considerations

Part of the H.R. 1 Tax Masterclass Series, this session covers key business tax changes — Sec. 174, QBI, SALT, PTEs, M&A, ERC, energy credits, and planning insights across industries.

$105 - $149

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

Format

Webcast

Date

Oct 27, 2025

NASBA Field of Study

Taxes

Level

Intermediate

CPE Credits

3.5

Instructor

David Mohimani, Glenn LeMieux, Vivian Kohrs, Brian Myers, Chris J. Wittich, Marty Karamon, Mark Gallegos

Availability

3 months

Product Number

WC5041416

View

Business & partner

Part of a discounted

Product Details

Dive into H.R. 1, commonly referred to as OBBBA, business tax provisions, and planning imperatives in this session of the H.R. 1 Tax Masterclass Series.

We begin with:

Research and development (R&D) expensing under Sec. 174, including amendments, retroactivity, and small business election
Cost segregation/qualified production property (QPP)

Next, we'll lock in on:

Qualified business income (QBI) benefits
Temporary state and local tax (SALT) cap boost
Passthrough entity (PTE) workarounds

Industry experts will share insights on:

Real estate (mortgage, Opportunity Zones (OZs), Sec. 179D),
Manufacturing (bonus/production property) and construction

We will talk about the M&A provisions and an entity choice module, expanding on qualified small business stock (QSBS) tiers, OZ permanence, and leverage considerations.

We’ll touch on:

The revived employee retention credit (ERC) and employer benefits planning
Energy incentives
Mapping timelines
Documentation requirements
State/ESG alternatives

Key Topics

R&D / Sec. 174 / Cost Segregation / QPP
QBI
SALT — Temporary cap increase, PTE workarounds, and state conformity updates
Industry specific highlights
M&A provisions and entity choice
ERC and new planning considerations
Energy incentives

Learning Outcomes

Apply Sec. 174 retroactivity rules and small business elections to research budgets to optimize R&D expensing.
Distinguish QBI safe harbor strategies and model SALT cap/PTE workarounds across states.
Use actionable strategies for real estate, manufacturing, and construction clients, leveraging mortgage/OZ incentives, Sec. 179D deductions, and bonus depreciation timing.
Compare QSBS tiers, OZ permanence, and entity-based leverage for tax efficiency for M&A entities.
Identify ERC eligibility and design Trump EE comp agreements ahead of Sec. 274(o) to revive ERC and comp plans.
Determine incentive deadlines, satisfy documentation rules for Sec. 179D, and integrate ESG alternatives to leverage energy incentives.

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)

Speakers

David Mohimani

David Mohimani is a Senior Manager in Cherry Bekaert's Tax Credits & Incentives Advisory practice, David focuses on credits and incentives related to renewable energy. He has extensive experience with both solar and wind tax credits with respect to IRC section 45Y & 48E as well as other applicable technologies. He helps clients model out the financial impact of these tax credits. He helps clients across several industries including financial services, real estate, and technology. David has nearly 10 years of experience with renewable energy. David has assisted both traditional taxpaying entities as well as tax-exempt entities monetize renewable energy credits through the mechanisms introduced by the IRA such as transferability and elective pay.

Glenn LeMieux

Glenn LeMieux is a Director in the Tax Credit & Incentives Advisory practice. Glenn provides cost segregation and 179D certification services. He and his team work closely with clients to help minimize their tax liability through accelerated depreciation of their real estate assets. His typical cost segregation and 179D projects include industrial facilities, warehouses, multi-tenant office buildings, medical offices, restaurants, hotels, green energy facilities, apartments and car dealerships. Sec. 179D clients also include developers, architecture and engineering firms, not-for-profits, and general contractors.

Vivian Kohrs

CPA

Vivian Kohrs, CPA, is a Partner in Cherry Bekaert’s Tax Credits & Incentives Advisory practice. Vivian has helped client teams establish their Research Tax Credit study process and achieve significant tax savings. Her focuses include research credit studies in the automotive, pharmaceutical, health & life sciences, aerospace and defense, financial institutions, manufacturing, and computer software industries. Additional areas of experience include Section 174 Research Expenditures, UNICAP, accrued bonus, inventory accounting, and other accounting method changes and associated calculations.

Brian Myers

CPA

Brian Myers, CPA is a Partner at Crowe, LLP. He is a leader in the State and Local Income/Franchise Tax group, which has professionals throughout the United States. His personal experience includes both multi-state and federal tax matters, having served clients in several industries across the country.

Chris J. Wittich

CPA, MBT

Chris Wittich, CPA, MBT, is a Tax Partner at Boyum Barenscheer and is head of the tax department. He completed his MBT degree from the University of Minnesota and is a licensed CPA. Chris is also a graduate of the AICPA Leadership Academy in 2014. He works with primarily the salon industry helping empower business owners so they can understand their business and thrive on their own terms.

Marty Karamon

JD, LLM

Marty Karamon, JD, LLM, is the Tax Credits and Incentives Advisory (TCIA) leader for Cherry Bekaert Advisory, LLC. TCIA is a group of 50+ professionals offering (1) R&D tax services; (2) Cost segregation studies; (3) IRC Section 179D Energy Efficient Commercial Building Deductions; (4) State statutory and negotiated incentives; and (5) Energy tax incentives. Martin has been in public accounting since 1996 and a Tax Partner since 2009. contractors.

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.

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