H.R. 1 (“One Big Beautiful Bill Act”): Business, Tax Credit, Administrative, and Tax-Exempt Organization Impacts

CPE Credit: 2.0 Hours
Category: Taxation
Delivery Method: Self-Study (On-Demand)
Level: Intermediate
Prerequisites: Basic knowledge of federal taxation recommended

This course provides a practical, up-to-date analysis of the One Big Beautiful Bill Act (OBBBA), examining how its sweeping tax provisions impact businesses, tax-exempt organizations, and tax professionals advising clients under the new law.

Course Description

The One Big Beautiful Bill Act (OBBBA) introduces substantial updates to business tax planning, deductions, credits, and compliance. This course examines the sweeping provisions now codified into law that affect flow-through entities, corporate taxpayers, tax-exempt organizations, and administrative reporting requirements.

Participants will gain a clear understanding of how these legislative changes affect clients across industries and how to incorporate the new rules into practical tax planning and compliance strategies.

What You’ll Learn

By the end of this course, you will be able to:

  • Identify key business tax changes enacted under H.R. 1
  • Understand new and modified tax credits and deductions
  • Evaluate the impact of OBBBA provisions on flow-through and corporate entities
  • Recognize compliance and administrative reporting changes
  • Assess implications for tax-exempt organizations and their advisors

Who This Course Is For

This course is designed for:

  • CPAs and tax professionals
  • Business advisors and consultants
  • Accountants serving corporate or flow-through entities
  • Professionals working with tax-exempt organizations
  • Anyone needing a practical understanding of recent federal tax legislation

Key Topics Covered

  • Overview of H.R. 1 and the One Big Beautiful Bill Act
  • Business tax planning considerations under the new law
  • Updates to tax credits and deductions
  • Compliance and administrative changes
  • Tax-exempt organization considerations
  • Practical client advisory implications

Why This Course Matters

Major tax legislation can significantly alter planning strategies and compliance requirements. This course helps tax professionals stay current with the latest changes under the One Big Beautiful Bill Act, enabling them to provide accurate, timely guidance to clients affected by these new provisions.

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.