One Big Beautiful Bill Act: What Audit Committees Need to Know
September 25, 2025Title: One Big Beautiful Bill Act: What Audit Committees Need to Know
Date: Thursday, September 25, 2025
Speakers:
David Gilbert, Of Counsel, Blank Rome LLP
Stephen Pennartz, Associate, Blank Rome LLP
Jacob Brownstein, Associate, Blank Rome LLP
Field of Study: Management Services
Program Level: Basic
Prerequisites: None
Credits: 1 CPE Credit
Delivery Method: Group Internet Based
Advance Preparation: None
Learning Objectives:
- Participants will learn about the significant business tax provisions of the One Big Beautiful Bill Act, including changes that accelerate and increase certain tax deductions available for businesses that incur business interest expense or domestic research and development expenditures, and for businesses that acquire qualified property, which now includes nonresidential real property used in qualified production activities.
- The webinar will also highlight the One Big Beautiful Bill Act’s expansion of tax benefits available for investments in qualified small business stock and qualified opportunity zones and modifications to international tax rules affecting multinational companies.
- Participants will gain a clear understanding of the key employment and benefits provisions of the One Big Beautiful Bill Act, including the permanent extension of the Paid Family and Medical Leave Credit, new tax deductions for qualified overtime and tips, and expanded compliance considerations for highly compensated employees. Attendees will be equipped to assess the implications of these changes for employer policies, payroll practices, and benefits administration.
- Attendees will be equipped to assess the implications of these changes for their respective business and tax operations and existing policies and to help identify new strategic tax planning opportunities.