EVENT DESCRIPTION
In today’s evolving tax landscape, middle-income households face unique challenges and opportunities when it comes to reducing tax liability. From limited itemized deductions post-TCJA to new OBBB provisions affecting credits, energy incentives, and 529 plan flexibility, tax planning has never been more complex or more critical. In this informative CE course, Jason Dinesen, EA, offers actionable, real-world tax strategies that help “average” taxpayers go beyond just filing returns to making smart financial moves.
We’ll dive into practical income planning, strategic use of above-the-line deductions, and tax-favored savings tools. You’ll explore how OBBB changes like the enhanced annual limits for energy efficiency credits, expanded eligible expenses for 529 plan withdrawals, and the looming 2025 expiration dates on certain provisions impact planning for AGI thresholds and credit optimization. You’ll also learn how to navigate W-4 updates, leverage HSAs and IRAs, and even utilize daycare flex plans for better tax outcomes. With examples like Maria’s deferral of her year-end bonus or Joey’s crypto wash sale workaround, this course turns common tax dilemmas into planning opportunities that stick.
Major Topics:
Income Timing and Planning
Capital Loss Harvesting Tactics
OBBB-Enhanced Tax Credits
Retirement Contribution Strategies
Education and 529 Plan Updates
Whether you’re advising clients or managing your own taxes, you’ll leave with strategies to adapt quickly to post-OBBB rules, avoid pitfalls like constructive receipt, and position income and expenses for maximum benefit.
EVENT OBJECTIVE
• Discuss the impact of AGI thresholds and OBBB provisions on tax credits.
• Identify tax-saving opportunities using HSAs, IRAs, and post-OBBB incentives.
• Explain how to manage capital losses strategically under current rules.
• Differentiate between above-the-line and itemized deductions in light of OBBB changes.
• Analyze the effect of W-4 changes on taxpayer outcomes and cash flow.
