The One Big Beautiful Bill Act introduces sweeping tax changes—many of which apply retroactively to the 2025 tax year. In this session, Patrick Nagle and Jeff Cronin break down the most impactful provisions for tax professionals, including new deductions tied to overtime, tipped income, vehicle loan interest, and the “senior bonus.” They’ll also explore the introduction of “Trump accounts” for newborn children and how these interact with payroll, W-2, and 1099 reporting.

Attendees will gain practical insight into eligibility rules, calculation nuances, and the IRS’s transitional guidance, helping them confidently prepare 2025 returns and advise clients through a rapidly changing compliance environment.