The One Big Beautiful Bill Act Decoded: An Overview with Essential Strategies for Successfully Advising Clients
Category: On Demand
Member Price: $140
Non-Member Price: $175
Areas of Law: Taxation
| NJ CLE: | NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 2 hours of total CLE credit (Full Credits Available: CPE Taxation: 2.0, NJ General: 2.0). |
| NY CLE (t&nt): | NY Professional Practice Non-Transitional: 2.0 |
| PA CLE: | PA Substantive Credit: 1.5
New: No PACLE fee is required for this program. To earn PA CLE credits, a valid PA Bar ID number must be entered into the CLE form provided after attending the program. |
Keynote
Moderator
Presenters
- Nicole Bononi-Wilson, Esq., MAFM
- Davidoff Tax Law, LLC / Prager Metis CPAs LLC, Cranbury
- Robbin E. Caruso, CPA, CGMA
- Davidoff Tax Law, LLC / Prager Metis CPAs LLC, Cranbury
- Lance E. Rothenberg, Esq., LLM
- Rothenberg Tax Law, LLC, Morristown
A Practical Playbook for Client (and Law Firm) Protection and Growth in the Post-OBBBA Era
The One Big Beautiful Bill Act (OBBBA) impacts every client you serve – from startup founders seeking Qualified Small Business Stock benefits to families losing healthcare coverage. Can you afford to be the attorney who doesn't understand these changes?
In July, President Trump signed into law the OBBBA, following its narrow passage by the U.S. House and Senate. This expansive, nearly 900-page budget reconciliation law touches every aspect of your practice – from permanent tax code changes to devastating health care cuts affecting 350,000 New Jersey residents.
Critical Deadlines Approaching:
- Jan. 1, 2026: New Jersey QSBS conformity takes effect
- Dec. 31, 2026: Medicaid work requirements begin
- 2029: SALT cap reverts from $40,000 to $10,000
Join Our Expert Panel for This Comprehensive Legal and Financial Analysis
With $15 million estate tax exemptions, New Jersey's QSBS conformity offering unprecedented tax savings, and Medicaid work requirements threatening client stability, understanding the OBBBA isn't optional – it's essential for competent client representation.
As an attendee, you hear directly from some of New Jersey’s top experts, as they break down the impact and share strategies for dealing with some of the most important changes, including:
- Overview of the OBBBA
What it is, why it matters, and how it reshapes the tax landscape for New Jersey practitioners? Understand the interconnected impacts across estate planning, health care, business law, and family practice. - Permanent Tax Code Changes
Master key provisions made permanent, including rate adjustments and standard deductions for both individuals and businesses. Navigate the federal and state disconnect with New Jersey's tax structure. - R&D Deduction Restored
Full expensing is back – understand what this means for innovation and business investment, particularly for New Jersey's pharmaceutical and technology sectors. - SALT Deduction Overhaul
Major changes to state and local tax deductions and their impact on individuals. Maximize the temporary $40,000 cap for clients under $500,000 income before the 2029 reversion to $10,000. - TCJA Extensions & Expirations
What's staying, what's going, and what it means for planning beyond 2025. Coordinate with New Jersey's tax regime for optimal client outcomes. - Startup Wins and QSBS Revolution
Doubling of the payroll tax credit and real-time redemption provide cash flow relief for early-stage companies. Plus, leverage New Jersey's January 2026 QSBS conformity for up to $15 million in tax-free gains. - Health care and Benefits Crisis Management
Navigate $1.02 trillion in Medicaid cuts, 80-hour monthly work requirements starting December 2026, and AI-driven coverage denials affecting hundreds of thousands of New Jersey residents. - Estate Planning in the New Era
Structure around the permanent $15 million federal exemption versus New Jersey's $2 million threshold. Implement "Trump Account" strategies and coordinate with enhanced QSBS benefits.
Strategic Takeaways
Actionable insights for tax professionals, business leaders, and advisors, with specific focus on New Jersey practice implications and client advisory strategies.
Why Every New Jersey Attorney Must Attend:
- Immediate Client Impact: Your clients face urgent decisions on estate restructuring, business formations, and benefits preservation
- Malpractice Prevention: Understanding OBBBA provisions is essential to competent representation
- Competitive Advantage: Position your firm as the trusted OBBBA advisor while others scramble to catch up
- Cross-Practice Integration: See how tax changes ripple through health care, family law, and business transactions