Webcast
OBBBA First Year Mistakes and Fixes
Review the OBBBA mistakes showing up on 2025 returns—and what you can still do about them. This course covers common errors, corrective options, missed elections, and practical steps for getting the next filing season right.
$98.00
Webcasts are available for viewing Monday – Friday, 8am – 8pm ET,
and Saturday & Sunday, 10am – 6pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
2 Credits: Taxes
Course Level
Intermediate
Format
Webcast
Course Description
The first filing season under the One Big Beautiful Bill Act created plenty of opportunities for mistakes—some obvious, others buried in new eligibility requirements, elections, transition rules, and reporting procedures. This course reviews common problems encountered on 2025 returns, including the new deductions for seniors, vehicle loan interest, qualified tips and overtime, as well as Trump Accounts, itemized deductions, bonus depreciation, business interest limitations, and domestic research expenses.
Just as important, you’ll examine what can still be fixed. Learn when amended or superseding returns may be appropriate, how missed elections can sometimes be addressed through §9100 relief, and what deadlines and limitations practitioners need to consider. The course concludes with practical steps for improving client communication, documentation, and review procedures for the next filing season.
Learning Objectives
Upon completion of this course, participants will be able to:
- Identify common errors arising from first-year implementation of OBBBA provisions on 2025 tax returns.
- Determine key eligibility and documentation requirements for the OBBBA deductions for seniors, passenger vehicle loan interest, qualified tips, and qualified overtime compensation.
- Recognize common errors involving Trump Account elections, itemized deductions, business interest limitation elections, bonus depreciation, and domestic research expenses.
- Distinguish between amended and superseding returns and determine when each may be used to correct an OBBBA-related error.
- Identify circumstances in which relief under Treasury Regulation §301.9100 may be available for a missed or late election.
- Apply OBBBA rules affecting §163(j) election withdrawals, 100% bonus depreciation, and domestic research expenditures under §174A.
- Implement client communication, verification, and return-review practices designed to reduce OBBBA-related errors in future filing seasons.
Course Specifics
WC1826486199
August 20, 2026
None
None
Compliance Information
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02837-26-O
IRS Federal Tax Law Credits: 2
CTEC Course Number: 2071-CE-02282
CTEC Federal Tax Law Credits: 2
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.
Meet The Experts
Mark Seid, EA, CPA has over 25 years of experience in field of taxation focused on tax controversy. A National Tax Practice Institute graduate, Mark is admitted to practice before the U.S. Tax Court. He has served as an Internal Revenue Agent with the IRS in San Jose and San Luis Obispo, California, a state director for the California Society of Enrolled Agents, and the chair for the society’s Finance and Budget committee. He regularly presents courses to tax professionals on issues affecting small businesses.
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