Tax CE

The One Big Beautiful Bill Act Tax Provisions

Overview

Sweeping new legislation passed July 4, 2025 is referred to as the One Big Beautiful Bill Act (OBBBA). This course examines tax provisions of the Act, beginning with those effective for 2025 and followed by those becoming effective in 2026 and beyond. The new law makes permanent many of the TCJA tax provisions and makes changes to existing tax laws, some permanent and others temporary. A brief explanation of tax law prior to OBBBA is provided, and appropriate context is added to facilitate understanding of the pre-enactment environment and the impact of the legislative changes. This course covers both individual and business tax provisions. 

Summary Details

Hours

6.0

Price

$32.95







Learning Objectives

  • Recognize the new standard deduction amounts;
  • Describe the new senior, overtime, and tip deductions;
  • Explain the revisions made to several tax credits for individuals and businesses; 
  • Apply the changes made to third-party network transaction reporting;
  • Explain the changes made to the business interest deduction limitation;
  • Apply the new casualty loss deduction limitations;
  • Describe the Achieving a Better Life Experience (ABLE) account modifications. 


Designed For:

CPAs, EAs, CMAs, CFEs, CRTPs, CFPs, and other accounting, finance, and tax professionals 


WebCE® is registered with the National Association of State Boards of Accountancy (NASBA)as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.

Course Information

Adding additional credit may change exam requirements.

Access Period: 12 months
Prerequisites: A foundational understanding of federal tax regulations
Advanced Preparation: None
Tax Year: 2025
Delivery Method: Self-Study
PDF Download: Available
Provider of Record: WebCE
Provider Number: RPBX8
Field of Study: Taxes
Last Reviewed: September 2025
Study Level: Update
Approved For: Federal Tax Law Update

Exam

Proctor: No
Passing Grade: 70
Questions: 30



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