This course is essential for the tax practitioner who wants to update their knowledge of business income taxation. This course will provide a comprehensive review of Form 1040 business complexities for the 2025 tax year. Included will be a thorough review of all tax changes affecting the 2025 tax year with Comprehensive Coverage of the 2025 OBBBA.

OBBBA: The “Big Beautiful Bill” is the most significant tax law package since the TCJA, and it’s now law. With dozens of TCJA provisions made permanent and plenty of new rules introduced, this session is packed with critical content for tax professionals. You’ll walk away understanding what’s changed, what’s new, and what to prepare for across individual, and estate taxation.

Art Werner breaks down key topics like bonus depreciation, enhanced 199A deductions, and much more. He’ll also examine areas with future sunsets, business incentives, and international tax provisions that could impact clients at all income levels.

Hear what attendees have to say about Art Werner's seminars:

"Excellent Presentation, full of details and made it interesting, well done!" - George M.

"Art Werner is able to correspond course material to real-world examples, and that makes his courses really shine." - Dave K.

"Extremely well presented and informative." - Jane J.

"Art Werner is another great instructor at ACE, whose war stories and ability to relate abstruse concepts to his audience are par excellence." - Stuart E. L.

Click here to view a detailed table of contents.

Topics & Learning Objectives Include:

• Comprehensive Coverage of the 2025 OBBBA
• OBBBA – General Business Issues: Section 199A; SSTB expanded; Bonus depreciation; Section 179; Business interest deduction limitation; Section 197; R&D rules; Qualified Opportunity Zones
• OBBBA – Business Tax Credits: Enhanced child care credit; Clean energy credits; paid family and medical leave credits; General business credits; Pension credits; Work opportunity credit; Research credit; Paid family and medical leave credit; Disabled credit
• OBBBA – Tax Exempt Organizations 
• OBBBA - International
• Miscellaneous 2025 Business Issues
• Cost Segregation Studies
• Qualified Small Business Stock
• Health Insurance: Self employed; Partners in a partnership; Shareholders of S corporations; Flexible Spending Accounts
• Hobby Rules
• Business Meals and Entertainment
• Retirement Plans: IRAs; Roth IRAs; 401(k) plans; 10% penalty exceptions; Required Minimum Distribution; QCD Expansion; Student loan payments
• Self-Employment Tax - Independent Contractor Rules 
• And Much More..... 
• Click here to view a detailed table of contents

Arthur Werner is one of the most prominent Federal Tax lecturers in the nation, with a special expertise in Estate, Trusts and Elder Law issues.