EVENT DESCRIPTION
The OBBBA tax law introduces substantial changes that impact pass-through entities, corporations, and business owners beginning in 2026. This 8-hour federal business tax update equips practitioners with the technical knowledge and strategic insight necessary to prepare and plan for the new rules.
Participants will examine updates affecting partnerships, S corporations, C corporations, basis calculations, depreciation, credits, business deductions, reporting requirements, and compliance procedures. The course focuses on how changes affect entity-level taxation and owner-level reporting, with practical examples and planning considerations throughout.
This session is essential for tax professionals advising closely held businesses, multi-entity structures, and growth-focused clients navigating evolving federal tax law.
EVENT OBJECTIVE
By the end of this program, participants will be able to:
• Identify and interpret key OBBBA provisions impacting federal business taxation in 2026.
• Apply updated rules to partnership, S corporation, and C corporation tax scenarios.
• Evaluate changes affecting business deductions, credits, and depreciation methods.
• Analyze the interaction between entity-level taxation and owner-level reporting.
• Assess the impact of legislative changes on basis, distributions, and capital accounts.
• Recognize compliance risks and reporting changes affecting business returns.
• Implement proactive tax planning strategies for business clients under the new law.
• Advise business owners on structural and operational considerations driven by updated federal tax rules.