Understand the "One Big Beautiful Act" and its sweeping impact on your individual tax liabilities. Gain critical insights to strategically optimize your financial planning under the new law.
The term "One Big Beautiful Bill Act" (OBBBA) refers to a comprehensive budget reconciliation law signed into law by President Trump on July 4, 2025.
This legislation is an expansive package, estimated at nearly 900 pages, with broad impacts across various sectors, including the economy, the tax code, and social programs. The bill extends many of the expiring provisions from the Tax Cuts and Jobs Act (TCJA). It also addresses other tax priorities of the Trump administration. The tax provisions in this bill will help facilitate tax planning earlier in the year.
This webinar is aimed to focus on the specific tax bill provisions that will directly impact individual taxpayers. It is an “overview” of the changes and not intended to be an in-depth dive into any single topic. Future webinars will take these topics and provide more background, history and detail about the concepts.
Lesson Objectives:
Lynn Fountain has over 45 years of experience spanning public accounting, corporate accounting and consulting. 24 years of her experience has been working in the areas of internal and external auditing. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Ms. Fountain has held two Chief Audit Executive positions for international companies. In 2011, as the Chief Audit Executive for an international construction/ engineering firm, she was involved in the active investigation of a joint venture fraud. The investigation included work with the FBI and ultimately led to indictment of the perpetrators and recovery of $13M. Ms. Fountain is currently engaged in her own training and consulting business and is a regular trainer for the AICPA. Ms. Fountain is the author of three separate technical books. “Raise the Red Flag – The Internal Auditors Guide to Fraud Evaluations” was published by the Institute of Internal Auditors Research Foundation. -“Leading The Internal Audit Function” and -“Ethics and The Internal Auditor Political Dilemma” were published by Taylor & Francis In addition Ms. Fountain was a contributing author to the certification program exam for the National Association of Accountants. She also has certificate programs on various on-line platforms. Ms. Fountain has performed as an adjunct instructor for the School of Business for Grantham University and developed the first internal audit curriculum for the School of Business at the University of Kansas. Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CGMA, CRMA credentials and CPA certificate (non-active).
