One Big Beautiful Bill (OBBB): Tax Updates for Lenders Webinar

The webinar will begin with a brief review of the Tax Cuts and Jobs Act of 2017 (TCJA) and tie this into the OBBB (which made many of the provisions of the TCJA permanent).

The webinar will then concentrate on the OBBB’s significance to business borrowers followed by the Bill’s changes that affect individuals (borrowers/guarantors).

What You’ll Learn

• Business Borrowers:
  • Increase in Section 179 Limits
  • Restoration of 100% Bonus Depreciation
  • Deduction for Qualified Business Income (20%)
  • Increase in Business Interest Deduction
  • No Increase in Income Tax Brackets
  • No Increase to Existing Capital Gains Tax Rates
  • Increase in Estate Tax Exemption
• Individuals (Borrowers/Guarantors):
  • No Tax on Tips
  • No Tax on Overtime
  • Increase in the Standard Deduction
  • Additional Deduction for Seniors
  • Deduction for Interest Payments on Certain Vehicles
  • Savings Accounts for Children
  • Increased Child Tax Credits

Who Should Attend
Credit administrators, commercial lenders, credit analysts, mortgage lenders, consumer lenders, loan documentation specialists, branch managers, assistant branch managers, private bankers, and business development officers.