Tax & Financial Planning Post-One Big Beautiful Bill Act (OBBBA)

Practical, post-OBBBA planning tactics across income, estate, retirement, and charitable domains. 

A versatile how to about strategies for a post OBBBA tax regime. 

You learn how to build an actionable annual tax checklist; navigate Roth conversion decisions (including cash-to-pay-tax, timing, and prohibited transaction traps); and reassess entity choice with C-corp and §1202 QSBS opportunities for founders.

With  over four decades of experience as a tax lawyer, professor, and professional leader, Paul Hood, JD, LLM, unpacks trust strategy shifts grantor vs. non-grantor trusts; §643(f) consolidation risk, where the IRS aggregates related trusts to thwart tax avoidance via multiple trusts.

§199A and Opportunity Zones alongside basis management and swap powers under §675(4)(C), which treats a trust as a grantor trust when the grantor, acting in a nonfiduciary capacity, holds a power to substitute trust assets with other property of equivalent value, without approval from a fiduciary

The class also explains the revived Pease-style limitations, new charitable rules (60% cash limit retained plus haircut mechanics), deduction=bunching, and year-end execution deadlines.

You'll leave with clear guidance on effective dates, Byrd Rule "workarounds," and high-impact actions to optimize outcomes for HNW families and closely held business owners.

Learners walk away able to:

• Distinguish grantor vs. non-grantor trusts under §§671–679  
• Apply §675(4)(C) substitution power in IDGT designs 
• Assess §643(f) related-trust aggregation risk and mitigation 
• Compute DNI/UNI and plan distributions under §§651–662 
• Optimize basis planning (e.g., §1014 step-up vs. estate inclusion) 
• Evaluate valuation methods/discounts and Chapter 14 impacts (§§2701–2704) 
• Structure family business succession (buy-sells, recapitalizations, trusts) 
• Integrate charitable tools (CRTs, CLTs, DAFs) with income/transfer tax effects 
• Manage trustee selection, fiduciary duties, decanting, and modifications 
• Identify ethical pitfalls and communication practices to avoid common planning errors 

Credit Requirements (Live Classes)

• CPAs: Must answer three unscored polls
• IARs: Must answer at least one of the three polls

Who Should Attend

IARs, CFPs, EAs, CFAs, CPA financial planners, CPA/PFSs, CIMAs, CLUs, ChFCs, and other professionals who seek a deeper understanding of the economy's influence on investment decisions and creation of informed, disciplined portfolio strategies.

Cost

Free to Advisors4Advisors members ($60/Qtr).

CPE / CE Credit

CPE Credit: 1 hour, Economics field of study

Class has been submitted to NASAA for approval as Products & Practices IAR CE.

Approved by CFP Board for CFP CE, IWI for CIMA CE, and by NASBA for CPA CPE.

Prerequisites

None

Advanced Preparation

None

Course Level

Update

Delivery Method

Group Internet-Based
Live internet class and on-demand webinar replay

Learning Experience

This live class is organized into the following sections:

1. Instructions
2. LIVE presentation
3. Three polls for CPAs and IARs
4. Satisfaction survey
5. LIVE IAR CFP CIMA CPA credit. No exam.

Provider Approvals

Advisors4Advisors is approved as a CE provider by:

• CFP Board, which regulates CE for Certified Financial Planners.
• North American Securities Administrators Association (NASAA). NASAA does not endorse any particular provider of CE courses. The content of the course and any views expressed are those of the instructor and do not necessarily reflect the views of NASAA or any of its member jurisdictions. The class is submitted for approval NASAA.
• National Association of State Boards of Accountancy (NASBA) as a Quality Assurance Service (QAS) Self-Study Provider, enabling CPA CPE credit live and on-demand webinars. State boards of accountancy retain final authority on course acceptance. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors at www.nasbaregistry.org.
• Investments & Wealth Institute, enabling credit for CFP®, CIMA®, and CPWA® professionals.

Administrative Policies

For information on administrative policies, such as refunds, cancellations and complaints, email [email protected].