About this Event
Join us for The Chapter's Annual Individual and Business Tax Update CPE at The Hilton Garden Inn Waco, 5800 Legend Lake Parkway, Waco, TX 76712. Sign-in begins at 8 am and the course at 8:30 am. The Hilton Garden Inn is located behind the Baylor Scott & White Hospital near several other hotels and restaurants off I-35 and Highway 6. From the main entrance, the conference room will be on the left side of the hotel. Parking is available around the hotel.
Register by Thursday, November 6, 2025, at 5 pm to assist with headcounts. We will continue to take reservations through November 17th.
Individual Income Tax Update – Monday, November 17, 2025
This seminar will cover the recently enacted One Big Beautiful Bill Act (OBBBA) and related matters that impact our individual clients. The session will discuss current information regarding IRS Revenue Rulings, Revenue Procedures, Tax Court Decisions as well as New and Proposed Regulations. The session will also review changes to the tax forms impacting the upcoming tax season. The seminar is designed to not only provide information with respect to the upcoming tax season but also assist CPAs in tax planning for their clients. Among the areas covered are the following:
- Individual Rate Reductions and Bracket Changes
- Tax Filing Status and elimination of Personal Exemption
- Items of Gross Income and Revised Exclusions from Gross Income
- Updates to Capital Gains and Reporting
- Revisions to Section 529 plans and Qualified Higher Education Expenses
- Revisions to Able Accounts
- New Trump Accounts
- New Car Loan Interest, No Tax on Tips, No Tax on Overtime
- Enhanced Deduction for Seniors
- New Schedule 1 – A Reporting
- Updates on Passive Activity Loss Issues and At Risk Rules
- Short-term Rental Issues
- Updates on Adjustments to Gross Income
- Update on Retirement Plans, including Implementation of SECURE 2.0 for 2025 and 2026
- Revised Standard Deduction and Itemized Deduction Provisions under OBBBA
- Revised Charitable Contribution Issues
- Update on Disaster Related Personal Casualty Losses
- Repeal of Pease Limitation
- Update on Qualified Business Income Deduction
- Update to AMT
- Elimination of Repayment of Excess Advance PTC Payments
- Major Revisions to Personal Tax Credits
- Updates to Individual Tax Credits Including Energy Credits
- Updates to Trusts, Estates and Gifting
Objectives: The objectives for this seminar include the following:
- Provide the CPA with an update on legislative and tax matters impacting individuals with the upcoming tax season.
- Provide an update IRS positions impacting individual tax reporting.
- Provide an update on proposed legislative matters impacting individual tax reporting
Delivery Method: Live/In Person
CPE Credits: 8
Level: Designed for all tax professionals
Prerequisites/advance preparation: No prerequisites and no advance preparation required.
Included in your registration: Digital materials, lunch, beverages, and snacks.
Business Income Tax Update – Tuesday, November 18, 2025
This seminar will cover the provisions of the One Big Beautiful Bill (OBBBA) that pertain to our clients who are Sole Proprietorships, C Corporations, S Corporations, Partnerships and LLCs. Recently issued IRS Regulations, Proposed Regulations, Revenue Rulings, Revenue Procedures and Tax Court Decisions, along with advice memorandums will also be discussed. The Seminar is designed to assist CPAs in business tax planning matters. The session will also include discussion of proposed IRS administrative changes designed to create greater efficiency and response to our clients. The seminar will conclude with the Texas Tax Update. Among the topics discussed include the following:
- Sole Proprietorship Tax Update
- Acceleration of Hobby Loss Examinations in Texas
- Recent Developments on General Business Deductions including Bonus Depreciation and Section 179
- New Depreciation Election Regarding real Property used for Producing Tangible Personal Property
- Termination Cost Recovery for Energy Property
- Revision and elections regarding Research and Development Expenses
- Expansion and Adjustments a Qualified Opportunity Zones
- Business Interest Expense Modification
- Excess Business Loss Limitation Expansion
- Drafts of 2026 Form W-2s and W-4’s regarding Tips and Overtime Reporting
- C Corporation Tax Update
- Business Tax Credit Update
- S Corporation Update including Basis Issues and AAA and expended IRS examination
- Partnership and LLC Update
- Employment Tax Update and ERC Developments
- Employee Benefit Update
- Nonprofit Tax Update
- IRS Procedural Matters; Current and Proposed
- Texas Tax Update
Objectives: The objectives for this seminar include the following:
1. Provide the CPA with an update on legislative and tax matters impacting businesses with the upcoming tax season.
2. Provide an update IRS positions impacting business tax reporting including Pass-through entity such as S Corporations and Partnerships.
3. Provide an update on proposed legislative matters impacting business tax reporting.
Delivery Method: Live/In Person
CPE Credits: 8
Level: Designed for all tax professionals
Prerequisites/advance preparation: No prerequisites and no advance preparation required.
Included in your registration: Digital materials, lunch, beverages, and snacks.
The cost is $275 per 8-hour CPE or $525 for both days (16 hours CPE).
We can invoice your office as a group by emailing a list of participants. Mail checks to TXCPA Central Texas, PO Box 7834, Waco, Texas 76714. If you pay by check, you do not need to register on Eventbrite.
For questions, please contact Rebekah North at 254-732-3026 office, 254-715-8178 cell or [email protected].
Event Venue & Nearby Stays
Hilton Garden Inn Waco, 5800 Legend Lake Parkway, Waco, United States
USD 295.29 to USD 562.06
