What H.R.1, “OBBBA” (Commonly Known as “The Big Beautiful Bill Act”) Means for You and Your Clients:
Business, Tax Credits, Administrative, and Tax-Exempt Organization Issues
This H.R.1 OBBBA CPE course provides a practical analysis of the One Big Beautiful Bill Act and its impact on business taxes, tax credits, administrative rules, and tax-exempt organizations.
CPE Credit
2.0 Hours
DELIVERY METHOD
Self-Study (On Demand)
LEVEL
Basic
PREREQUISITES
Basic knowledge of federal taxation recommended
PRICING
$119.50 per year
Course Description
This course provides a practical, up-to-date analysis of the One Big Beautiful Bill Act (OBBBA), examining how its tax provisions— including business tax credits and administrative changes—impact businesses, tax-exempt organizations, and the tax professionals advising them.
The course explains how these changes affect business taxpayers, pass-through entities, and tax-exempt organizations, while highlighting what the new law means for professionals advising clients on planning and compliance matters.
What You’ll Learn
After completing this course, you will be able to:
- Identify the key business-related tax provisions enacted under H.R.1 (OBBBA)
- Understand the permanency and application of the Qualified Business Income (QBI) deduction under IRC §199A
- Apply updated rules for bonus depreciation and Section 179 expensing
- Explain limitations related to excess business losses and business interest deductions
- Recognize changes affecting tax credits and selected incentives
- Understand administrative and reporting changes impacting business taxpayers
- Assess how the legislation affects tax-exempt organizations, including excise taxes and charitable contribution limits
Who This Course Is For
This course is designed for:
- CPAs and tax professionals seeking insight into recent federal tax legislation
- Enrolled Agents and tax advisors working with business clients
- Practitioners advising closely held businesses and pass-through entities
- Accountants serving tax-exempt and nonprofit organizations
- Professionals responsible for tax planning, compliance, or client advisory services
Key Topics Covered
Key topics addressed in this course include:
- Overview of H.R.1 (One Big Beautiful Bill Act) and its business-related provisions
- Permanency of the Qualified Business Income (QBI) deduction
- Updates to bonus depreciation and cost recovery rules
- Changes to Section 179 limits and phase-out thresholds
- Excess business loss limitations for individuals and flow-through entities
- Modifications to the business interest expense deduction
- Treatment of research and experimental (R&E) expenditures
- Adjustments to selected business and clean-energy tax credits
- Administrative and reporting changes affecting taxpayers
- Impact on tax-exempt organizations, including excise taxes and charitable contribution rules
Why This Course Matters
The One Big Beautiful Bill Act represents a significant shift in federal tax policy, affecting how businesses and tax-exempt organizations approach planning, deductions, and compliance. Many provisions alter long-standing rules that professionals have relied on when advising clients.
This course helps tax professionals stay informed on these changes, understand their practical implications, and confidently advise clients in an evolving regulatory environment.
For additional background on federal tax legislation and administration, professionals may also refer to guidance available on the IRS website.
Explore additional CPE courses in Taxes available through NINJA CPE.
Pricing & Access
$119.50 per year — Unlimited CPE Access
When you enroll, you receive full access to all courses in our catalog for one full year, including this course and every other available offering.
Unlike many CPE providers, we do not charge by the credit hour and we do not impose course expiration dates. Once you’re enrolled:
- All courses are included — no per-course or per-credit fees
- Your access lasts for a full year from your enrollment date
- Your completed course certificates remain available in your portal
- You can complete courses at your own pace, on your own schedule
This single annual enrollment gives you the flexibility to earn CPE hours when you need them — without worrying about expiring credits or additional costs.
Frequently Asked Questions
Is this course NASBA-compliant?
Yes. This course meets NASBA CPE requirements.
How is the course delivered?
On-demand, self-study format with quizzes for knowledge checks.
Can I complete this course at my own pace?
Yes. You may start, stop, and resume the course as needed.
