B Sessions
Monday, November 17,
9:25 - 10:40 a.m.
B1. Federal Individual Tax Highlights
Room: L100
Speaker(s): George Koutelieris, Greg White
NASBA field of study: Taxes - Technical (1.5)
The most significant tax legislation in nearly a decade — the “One Big Beautiful Bill Act”—was passed in July, introducing sweeping changes that will impact both individuals and businesses. Take a deep dive into selected provisions of the Act, focusing on new opportunities and challenges for taxpayers. Gain insights on the introduction of deductions for personal car loan interest expense, overtime and tips, as well as critical updates surrounding the “Rothification” of 401(k) catch-up contributions.
Room: L100, Lower Level | View map
B2. Calculating Debt Basis: S-Corps vs. Partnerships
Room: M100C
Speaker(s): David Peters
NASBA field of study: Taxes - Technical (1.5)
Debt allocations can provide many tax advantages for both partners and S-Corporation shareholders. While the calculations are similar between partnerships and S-Corporations, they function in different ways and result in different tax consequences. Explore the unique attributes of each with easy-to-follow examples, examining the differences between recourse and nonrecourse debt, the relationship between distributions and debt allocations, as well as distinctions between the basis calculations.
Room: M100C, Mezzanine Level | View map
B3. Getting in Front of Today's Staffing Challenges
Room: M100E
Speaker(s): Will Hill
NASBA field of study: Personnel/Human Resources - Non-Technical (1.5)
While the volume of staff shuffling between firms from 2021-2023 has calmed, firms today are still left with trying to staff appropriately. Conventional hiring places and tactics may still bring new faces through the door, but are they the right fit? Will they help your firm tackle the challenges you are truly facing, or just fill a chair? Dive into some different approaches and tactics to filling staffing needs at your firm.
Room: M100E, Mezzanine Level | View map
B4. Level One: Form 1040 Basics
Room: M101A
Speaker(s): Phyllis Kapetanakis
NASBA field of study: Taxes - Technical (1.5)
Ever wonder how all those tax forms connect to the 1040? This course walks you through the process step by step, tracing source documents to the proper schedules and ultimately to a completed return. Through a practical case study, you’ll gain hands-on experience reviewing common tax documents, determining where they belong and seeing how they come together on Form 1040.
Room: M101A, Mezzanine Level | View map
YP TrackB5. Level Two: Form 1040
Room: M101BC
Speaker(s): Pat Garverick
NASBA field of study: Taxes - Technical (1.5)
High-income tax returns come with high-stakes challenges. Dive into the complexities of the Qualified Business Income (QBI) deduction and the 3.8% Net Investment Income Tax (NIIT) to equip yourself with advanced strategies for navigating high-income Form 1040 filings.
Room: M101BC, Mezzanine Level | View map