NOTE: There will be an opportunity to receive answers from the instructor in real-time by submitting your questions in the Q&A forum on the webinar page!

Session 1:

This session will feature a detailed New York State tax update by Mark Klein and Joe Endres including the following topics: The effect of OBBBA on State & Local Taxes including new SALT and PTET rules; 2025-2026 NYS Budget including new NY tax deductions and credits; New $5,000 threshold for corporate estimate tax payments; NYS and NYC Tax Enforcement Procedures; Residency Rules explained and highlighted; Nonresident Allocations; NYS Estates and Trusts Update; NYS Withholding Rules Update; Sales and Use Tax Update.

Hear what attendees have to say about Mark Klein & Joe Endres' seminars:

"Mark Klein is always a pleasure to listen to - his mastery of the materials is unparalleled and his real world "war stories" highlight abstruse concepts in action. This entire seminar is a great resource for state and local tax policy." - Stuart L.

"Some the best instructors I've heard in over 35 years of CPE." - Peter Jason R.

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

"I admired the knowledge, thoroughness, and experience of all the instructors." - Stephen Z.

Session 2: 

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, business, and estate taxation.

Art Werner breaks down key topics like bonus depreciation, enhanced 199A deductions, Trump accounts, SALT cap changes, estate planning, charitable limits, 1099-K thresholds, 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.

Do not wait until the fall to look at this new massive tax law.

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.

Topics & Learning Objectives Include:

Session 1: Mark Klein & Joe Endres

• Effect of OBBBA on State & Local Taxes including new SALT and PTET rules
  
• 2025-2026 NYS Budget including new NY tax deductions and credits
• New $5,000 threshold for corporate estimate tax payments
  
• NYS and NYC Tax Enforcement Procedures
  
• Residency Rules explained and highlighted
  
• Nonresident Allocations
  
• NYS Estates and Trusts Update
  
• NYS Withholding Rules Update
  
• Sales and Use Tax Update

Session 2: 2025 OBBBA

LEARNING OBJECTIVES:

At the end of this course, you will be able to:

• Identify the major tax provisions included in The One Big Beautiful Bill Act
  
• Analyze Changes to the Internal Revenue Code.
  
• Determine how the bill affects individual tax planning strategies
  
• Evaluate the impact of the bill on pass-through business taxation
  
• Analyze changes to corporate and international tax rules
  
• Interpret estate and gift tax modifications under the legislation
  
• Recognize changes to depreciation and expensing rules
  
• Assess the tax planning implications for clients affected by international provisions
  
• Explain the impact of the legislation on 529 plans and new Trump accounts

MAJOR TOPICS:

• Extension of individual TCJA provisions
  
• Expansion of IRC Section 199A
  
• Bonus depreciation and Section 179 updates
  
• Changes to the standard deduction and personal exemptions
  
• Child tax credit revisions
  
• Business interest deduction limits
  
• Estate and gift tax thresholds
  
• International tax changes and foreign surtax provisions
  
• Creation of Trump Accounts and expansion of 529 plans
  
• 1099 reporting threshold changes and other administrative updates
• AND MUCH MORE!!
• Tax Planning for 2025
• Ask the instructor any Federal tax question you will get an expert answer!

Mark Klein has more than 30 years of experience with New York State and NYC taxation -- and is best known for his public speaking on tax topics.

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.