Business Income Tax Update: 2026 Business Returns and the Big Beautiful Bill
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(Check-In 8:30am EST)
Virtual
8.00 Credits
Member Price $309.00
Non-Member Price $459.00
Overview
You could pay $0 for this course!
Stay at the forefront of business income taxation with this essential course tailored for tax practitioners seeking to enhance their expertise. This course offers a comprehensive review of the recent developments for the current tax year. It provides insights into new regulations, guidelines, and strategies, enabling you to effectively assist clients in optimizing their business income tax planning. Equip yourself with the knowledge to navigate the evolving tax landscape, focusing on recent changes and updates within the tax code. By the end of this course, you'll be prepared to handle the complexities of business income taxation confidently.
Firms/companies with fewer than 50 staff can be reimbursed up to 100% of the cost of training and firms/companies with 50-100 employees can be reimbursed up to 50% of the cost of training. You must register for the course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks prior to the start of the course to be eligible. The course code for this program is C-15527. To learn more, click here or contact Julia Ekelund at jekelund@masscpas.org.
Highlights
Recent legislative changes, including the Big Beautiful Bill (BBB) • Business return filing strategies and compliance • Taxation of partnerships, corporations, and LLCs • Section 199A, Section 461(l), and relevant limitation rules • Business use of home and related deductions • Defaulted loans and bankruptcy treatment • Entity selection considerations and reporting conversion of personal to business use • COVID-related subsidy and relief implications
Objectives
At the end of this course, you will be able to- • Apply recent changes and updates in business taxation to ensure compliant and strategic filings • Identify and complete business-related IRS returns and forms for the 2025 tax year • Interpret new provisions from the Big Beautiful Bill and their impact on business taxpayers • Advise clients on the implications of business use of home, defaulted loans, and other nuanced areas • Analyze tax considerations for Schedules C, E, and F • Discuss issues related to corporations, partnerships, and LLCs • Evaluate the treatment of business subsidies, including those related to COVID-19 • Explain how Sections 199A and 461(l) interact with carryover and limitation rules
Leader(s):
Leader Bios
Arthur Werner, Werner-Rocca Seminars, LTD
Art is currently a shareholder in the lecture firm of Werner-Rocca Seminars, LTD. His areas of expertise include business, tax, financial, and estate planning for high net worth individuals. In addition, Art is an adjunct professor of taxation in the Master of Science in Taxation program at Philadelphia University. He received his Bachelor of Science in Accounting and his Master of Science in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School and is a member of the Pennsylvania Bar. Art lectures extensively to certified public accountants, enrolled agents, insurance agents, and financial planners in the areas of estate planning, financial planning, and estate and gift taxation. He has presented well in excess of 1,500 seminars over the past fifteen years. Art has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of CPAs, awarded the AICPA Outstanding Discussion Leader Award in Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Non-Member Price $459.00
Member Price $309.00