H.R. 1 and the Road Ahead: Emerging Business Tax Considerations
October 27, 2025
Webcast Replay
3.5 CPE Credits
H.R. 1 and the Road Ahead: Emerging Business Tax Considerations
Dive into H.R. 1, commonly referred to as OBBBA, business tax provisions, and planning imperatives in this session of the H.R. 1 Tax Masterclass Series. We begin with:
Research and development (R&D) expensing under Sec. 174, including amendments, retroactivity, and small business election
Cost segregation/qualified production property (QPP) Next, we'll lock in on:
Qualified business income (QBI) benefits
Temporary state and local tax (SALT) cap boost
Passthrough entity (PTE) workarounds Industry experts will share insights on:
Real estate (mortgage, Opportunity Zones (OZs), Sec. 179D),
Manufacturing (bonus/production property) and construction We will talk about the M&A provisions and an entity choice module, expanding on qualified small business stock (QSBS) tiers, OZ permanence, and leverage considerations. We’ll touch on:
The revived employee retention credit (ERC) and employer benefits planning
Energy incentives
Mapping timelines
Documentation requirements
State/ESG alternatives
Learning Objectives
Apply Sec. 174 retroactivity rules and small business elections to research budgets to optimize R&D expensing.
Distinguish QBI safe harbor strategies and model SALT cap/PTE workarounds across states.
Use actionable strategies for real estate, manufacturing, and construction clients, leveraging mortgage/OZ incentives, Sec. 179D deductions, and bonus depreciation timing.
Compare QSBS tiers, OZ permanence, and entity-based leverage for tax efficiency for M&A entities.
Identify ERC eligibility and design Trump EE comp agreements ahead of Sec. 274(o) to revive ERC and comp plans.
Determine incentive deadlines, satisfy documentation rules for Sec. 179D, and integrate ESG alternatives to leverage energy incentives.
Major Topics
R&D / Sec. 174 / Cost Segregation / QPP
QBI
SALT — Temporary cap increase, PTE workarounds, and state conformity updates
Industry specific highlights
M&A provisions and entity choice
ERC and new planning considerations
Energy incentives
CPE Credits Available
3.5 CPE Credits
3.5
Taxes
Things to Know About This Course
Course Level
Intermediate
Professional Area of Focus
Tax;Taxation
Prerequisites
Fundamental knowledge of the new H.R. 1 tax bill, commonly referred to as OBBBA.
Advanced Preparation
None
Intended Audience
CPAs, tax practitioners, small firms, medium firms, large firms, sole practitioners
