Course Description:

It’s game on. The President signed into law the largest tax bill in American history on July 4, 2025. How will the immediately effective new law affect you and your clients?

Join us for an in-depth course that unpacks the complexities of the latest comprehensive tax legislation—nicknamed “The One Big Beautiful Bill.” This session is designed for tax professionals, CPAs, financial advisors, and preparers who need a clear, practical understanding of what’s in the bill and how it impacts planning, compliance, and client advising in the current and upcoming tax years.

We’ll break down the bill’s key provisions, timelines, and implications across individual, business, and international tax areas. Whether you're preparing clients for immediate changes or positioning your firm as a trusted strategic advisor, this course will provide the foundational knowledge you need to respond with confidence.

This course covers the following Major Topics:

• Identify the major provisions of “The One Big Beautiful Bill” across individual, business, and estate tax sections.

• Explain the effective dates and implementation timelines for key changes in the legislation. 

• Analyze how the bill impacts existing tax planning strategies and compliance requirements.

• Apply new provisions to real-world scenarios to better advise clients during upcoming filing seasons.

• Determine how the bill affects individual tax planning strategies.

• Evaluate the impact of the bill on pass-through business taxation.

(Learning Objectives:

• Permanent extension of individual income tax rates and related strategic considerations

• Enhanced tax benefits for Qualified Small Business Stock and Opportunity Zones

• Increases to estate and gift tax exemptions and planning opportunities.

• Important unchanged provisions (carried interest, PPLI, PPVA, private foundations).

Credits and Other information:

• Recommended CPE credit – 2.0

• Recommended field of study – Taxes

• Session Prerequisites and preparation: None

• Session learning level: Basic

• Location: Virtual/Online

• Delivery method: Group Internet Based

• Attendance Requirement:  Yes

• Session Duration: 120 Min

Who Will Benefit:

• CPA

• Enrolled Agents (EAs)

• Tax Professionals

• Attorneys

• Other Tax Preparers

• Finance professionals

• Financial planners

Speaker: Warren M Bergstein

More than forty years of practice in tax planning, estate and trust administration and planning, personal financial planning and accounting have given Warren an extraordinarily deep understanding of taxation and personal finance. At his firm, Adelman, Katz & Mond LLP, his clients, who include primarily high net worth individuals, entrepreneurs and sole proprietors, benefit from his expertise in tax law, its applications and implications for individuals. Warren is an adjunct professor of accounting and taxation at Long Island University, New Jersey City University, and Rutgers. He has spoken at the Institute of Management Accountants, both the New York and Long Island chapters of the Financial Planning Association, the New York State Society of CPAs, New York University, and others. In addition, he is an accomplished author, and has regularly contributed to publications like Marshall Loeb's Money Guide, Taxation for Accountants, and The CPA Journal. Warren has been very active in professional organizations, aReily.