This webinar was held on Tuesday, November 4 at 2:00pm ET
Sponsor: Drake Software
Duration: 1 Hour
This session will explore the bill’s key tax provisions and provide practical insights into how these changes will impact tax administration, return preparation, and client advising in the years ahead.
Learning Objectives:
- Understand the Legislative Path: Gain insight into the political and procedural hurdles Republican lawmakers navigated to pass the One Big Beautiful Bill Act (OBBB), including the role of reconciliation.
- Review Key Tax Provisions: Explore major tax-related elements of the bill, including TCJA provisions that were extended or made permanent and what new reforms were introduced
- Identify Implementation Challenges: Examine barriers to timely and effective implementation, including IRS readiness, administrative constraints, taxpayer communication risks, and potential vulnerabilities of new provisions.
- Evaluate the Policy and Political Implications: Consider how the OBBB will shape the landscape of the 2025 filing season and how these dynamics may affect taxpayers and enrolled agents, as well as look ahead to potential impacts on the midterm elections.
| Program Level | Basic |
| Prerequisites | None |
| Field of Study | Tax |
| Advance Preparation Needed | None |
| Delivery Method | Group Internet-Based |
| Recommended CPE Credit | 1 Credit per 50-Minute Session |
| Registration Instructions | Register Online |
| Cost | Free |
| Complaint Resolution | editor@cpapracticeadvisor.com |
Presented by:
John Sapp has served in a key role at Drake Software since 1995, including chief financial officer, chief revenue officer, and vice president of the Sales, Marketing, and Education divisions. Today, he is Brand Ambassador, helping shape the future and growth of one of the largest professional tax software companies in the nation.
John holds a Bachelor of Science in Accounting from Oral Roberts University and an Executive MBA from the University of Tennessee, and he has been a certified public accountant since 1989. As a CPA, John has considerable experience in public and private accounting for the technology industry.
Jared Ballew is a 22-year veteran of the tax industry, currently serving both Drake Software and TaxAct as Taxwell’s Vice President of Government and Industry Relations. Jared is an expert in liaising and building relationships with federal and state governments, industry and professional associations, and other partners. He served as the 2022 – 2023 Chairman of the IRS Electronic Tax Administration Advisory Committee and is the President of the National Association of Computerized Tax Processors (NACTP), a trade association of the top income tax, information reporting, and payroll software companies that collaborate to promote standardization and simplification between government tax agencies and the tax processing industry. He also serves on the board of directors of the Council for Electronic Revenue Communication Advancement (CERCA) which provides a forum and a liaison point between the IRS and tax industry. Jared is a popular speaker and advisor due to his expansive knowledge of current tax policies, cybersecurity, and industry trends.
Taylor Rodier is the Legislative Affairs Manager at Taxwell, where she focuses on policy advocacy and legislative strategy. She holds an M.A. in Diplomacy and International Relations from Seton Hall University and a B.A. in Political Science from Wingate University. Taylor brings strong experience in government relations, policy research, and stakeholder engagement. She is passionate about advancing informed, strategic solutions in public policy.
Moderated by:
Gail Perry is the editor-in-chief of CPA Practice Advisor. A veteran of accounting journalism, she also speaks at many accounting events, trade shows, and webinars. Gail is the author of over 30 books (including Mint.com For Dummies, The Idiot’s Guide to Introductory Accounting, and Surviving Financial Downsizing: A Practical Guide to Living Well on Less Income), and she maintains a small tax practice. Gail is a graduate of Indiana University where she earned a bachelor’s degree in journalism. She returned to school to study accounting at Illinois State University, earned her CPA, and worked for Deloitte in Chicago for several years as a state and local tax accountant. She has taught introductory accounting and personal finance courses, and she is a former computer applications instructor at the Indiana CPA Society. Gail is a member of the AICPA’s PFS Credential Committee.
Drake Software, a private company founded in 1977, provides software solutions to over 70,000 tax and accounting firms that file more than 36 million tax returns every year. Known for its award-winning customer service team, Drake Software is also consistently recognized for excellence in quality, value, and reliability.
CPA Practice Advisor is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/. For more information regarding administrative policies please contact Isaac O’Bannon at isaac.obannon@cpapracticeadvisor.com.
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