Western PA: Ethics - Circular 230, IRS Penalties and Abatements & The Big Beautiful Bill: Quick Insights for 2025 Tax planning (Ethics) E3S5R-E-00939-25-I; (Fed. Tax) E3S5R-T-00940-25-I

Ethics: Review of circular 230, preventing fraud and abuse.

IRS Penalties and Abatements: Navigating IRS penalties and interest can be challenging, but tax professionals have tools at their disposal to help clients minimize financial burdens.  This comprehensive course equips you with essential techniques to request penalty and interest abatements, ensuring your clients receive the relief they deserve.  Discover the different types of penalties taxpayers may encounter and the structured procedures for seeking reductions – whether through First Tax Abatement or Reasonable Cause claims.  Gain practical insights, expert tips, and proven strategies to successfully manage penalty assessments and even pursue refunds for paid penalties.

The Big Beautiful Bill:

This 1-hour course delivers a fast-paced, practitioner-focused overview of the landmark One Big Beautiful Bill Act, the centerpiece of 2025 tax reform.  Tailored for accountants, enrolled agents, and financial advisors, this session highlights critical individual and business tax provisions professionals must understand to respond confidently to client questions and begin planning under the new regime.

Participants will explore key changes to deductions, credits, and compliance rules, including updates to the standard deduction, SALT cap mechanics, Child Tac Credit, and estate and tip income taxation.  This course also addresses the sunset of Build Back Better and Inflation Reduction Act provisions, the creation of new tax-favored accounts, and selected international and RIS program updates. 

Whether briefing a client, updating your team, or preparing for deeper analysis, this course provides the essential talking points and technical clarity to navigate the post-OBBB landscape.