One Big Beautiful Bill Act was passed by the House of Representatives on May 22, 2025, passed by the Senate on July 1, 2025 incorporating the Senate manager’s amendment to HR 1. On July 3, 2025 the House passed the Senate bill sending it to the President’s desk for signature to enact into final law. President Trump signed the bill into law on July 4, 2025. OBBBA made significant changes by making permanent many of the provisions of TCJA. We will discuss the details for individuals and share examples.
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Agenda
One Big Beautiful Bill Act Provisions
Presenters
Randall R Carlson, Clay Center, KS
President, Enrolled Agent
As president of Professional Tax Institutes, Inc., Randy has been in public practice for over 40 years. He is a graduate of Kansas State University. He is enrolled to practice before the IRS and holds all four ACAT credentials. Randy is a managing director at Sink, Gordon & Associates, LLP in Manhattan, KS, as well as Clay Center branch office manager.
Ronald D Powell, Ocean Isle Beach, NC
Enrolled Agent, Webinar Host
Ron is a graduate of East Carolina University, BA and a graduate of Webster University, MA summa cum laude. He has more than 30 years of experience in accounting and tax preparation. He is enrolled to practice before the IRS and has been presenting continuing education programs for over 25 years. He has been with PTI since 2017.