H.R. 1 Master Class Plus: Turning Guidance to Action
January 26, 2026
Live Webcast
1.5 CPE Credit
H.R. 1 Master Class Plus: Turning Guidance to Action
As H.R. 1, P.L. 119-21, commonly referred to as OBBBA, evolves, Master Class Plus webcasts can help busy CPAs stay ahead with concise, practical updates that connect directly to client needs and planning decisions. The first session offers a clear overview of recent IRS guidance and developments shaping 2026 tax planning for individuals and businesses. Building on the Tax and PFP Master Class series, it highlights:
Changes around qualified tips, overtime deductions, and passenger vehicle loan rules
The new Sec. 25F credit
International tax updates
HSA accounts
Broader planning opportunities Participants will walk away with actionable insights on compliance, transitional rules, and client‑ready talking points to guide planning conversations for the upcoming tax year.
Learning Objectives
Interpret IRS guidance on qualified tips, overtime deductions, and penalty relief under Notices 2025-69 and 2025-62.
Apply transitional rules for specified passenger vehicle loans under Notice 2025-57.
Recognize the new Sec. 25F credit for contributions to scholarship-granting organizations (SGOs).
Analyze international tax updates, including repeal of Sec. 898(c)(2), dividend transition rules, PTEP distribution treatment, and Section 250 FDDEI guidance.
Determine new Trump account provisions under Notice 2025-68 and related draft Form 4547.
Recall HSA account changes under Notice 2026-05.
Identify planning opportunities for 2026.
Determine strategic planning approaches based on recent IRS notices and anticipated changes.
Major Topics
Qualified tips and overtime — Notices 2025‑69 & 2025‑62
