President Donald Trump and the Republican-controlled Congress managed to push the so-called "One Big Beautiful Bill" past the finish line earlier this month, doing so by the administration’s self-imposed July 4 deadline.
The tax and spending legislation contains major changes for all manner of financial planning clients, from the ultra-wealthy to small business owners to mass affluent investors. Retirees are also going to be affected by the law, which included an enhanced $6,000 deduction for many taxpayers over the age of 65.
To help finance professionals get up to speed, ThinkAdvisor is hosting a webcast on Wed., July 23, at 2 p.m. ET. The presentation will feature Professors William H. Byrnes and Robert Bloink, two of the educators and experts behind Tax Facts.
The engaging and lively discussion will offer insights into the significant updates that have emerged regarding the tax legislation for 2025 and beyond, with implications that warrant close attention from financial professionals.
Topics to be covered in the discussion include business-client issues, including the 199A rules, bonus depreciation and expensing, no new limits on state and local tax deduction cap workarounds for pass-throughs and more.
On the individual side, the professors will address the permanent tax rates, the standard deduction, the elimination of personal exemption, SALT cap changes, the new charitable deduction for non-itemizers and more.
Registration for the event is now open here. Can’t attend live? Sign up anyway for access to the presentation on-demand.
SPECIAL OFFER: If you are not a current Tax Facts Online subscriber, you will receive a 14-day free trial to Tax Facts Online as part of your webcast registration.
Pictured: Robert Bloink and William H. Byrnes
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