Federal Tax Update: Indiv. & Busin. with Greg & George Webcast [FTU]
Time: 07:00am-2:30pm
Subject:
TaxationCredit Hours:
8.00Price:
Member: $380.00
Non-member: $490.00
Discussion Leader:
George Koutelieris & Greg White
more info
George Koutelieris, CPA, is a shareholder with the firm Johnson & Shute P.S. He subsequently received his Master’s in Taxation from Golden Gate University graduating with Highest Honors in 2010 and being awarded the Outstanding Graduate Tax Student Award for the Seattle campus of Golden Gate. He is currently an Adjunct Professor at Golden Gate University teaching various tax courses. George’s practice includes planning and consulting on complex transactions including formations, liquidations, mergers and acquisitions, purchase and sales, multi-state and international tax for closely held businesses and their owners. In addition, George provides compliance and representation services before the IRS and various state taxing agencies for clients. George is also an active speaker on various tax topics, having presented in the past for Golden Gate University, the Washington Society of Certified Public Accountants, the Alaska Society of CPAs and the Oregon Society of Certified Public Accountants.
Greg White, CPA, has practiced tax accounting for more than 35 years. He is founder, shareholder, and President of CPA firm WGN, P.S. in Seattle, Washington, which serves a successful entrepreneurial client base. He also owns and operates State of the Art Tax, LLC, a tax education company. Greg is in his twelfth year as an Adjunct Professor at the Golden Gate University’s Seattle Campus. Greg is licensed to practice in and has argued cases before the U.S. Tax Court. He has been named a “Top 50” IRS Practitioner by CPA Magazine. Greg has extensively presented tax CPE, predominantly on the west coast, over the last decade and has written and presented live courses and webinars for CCH and others nationally. He has presented tax topics in the Pacific Northwest on TV including spots on KOMO TV and King TV.
closeWebsite registration for this course closes on January 20, 2026. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.
Full Description
Federal Tax Update: Individuals & Businesses with Greg White & George Koutelieris Webcast (FTU)January 21st, 2026 / 7:00 am 2:30 pm Alaska Time
Live Webcast / Washington Society of CPAs Virtual Classroom
The most significant tax legislation in almost a decade was passed in July. George and Greg will do a deep dive into the OBBBA passed on July 4th. Theyll also cover many other developments during the year.
Major Topics:
Theyll cover both its provisions and planning strategies, including:
- Recognize opportunities to increase clients participation in Roth accounts under the new Rothification of catch-up contributions.
- Apply administrative releases, including IRS guidance on misclassification of employees as independent contractors
- Identify developments in the self-employment tax of LLC members.
- New regulations on administrative appeals before the RIS.
- One Big Beautiful Bill provisions:
-- Deductions for overtime and tips income.
---What are the limitations and for what period they will apply.
--New deduction for car loan interest expense.
---Do you need to itemize deductions to claim it?
--The state and local tax itemized deduction has been increased.
---There are a couple of twists, well cover them.
---Who will benefit and who wont.
--New phase out of itemized deductions.
---Its not as bad the previous Pease limitation.
--Section 199A QBID deductions.
---What changed and how to plan for it.
--Bonus depreciation.
---The Act makes a retroactive change to bonus depreciation.
----Well discuss the effective date and planning ideas.
--Excess business losses.
---Theres an interesting twist that will scale back on the deduction limit.
--Restrictions (or lack thereof) on deducting the pass-through-entity tax (PTET).
--Permanent extensions of individual tax rates.
---Impacts on planning.
--Increases to the standard deduction and a new phase-out for itemized deductions.
-- Changes to the deductibility of employer-provided meals.
--Estate tax changes and gifting opportunities.
Learning Objectives:
-Compute the effect new phase-out rules that apply to section 199A (the 20% QBID).
- Identify the changes in the deduction for state and local taxes as an itemized deduction.
- Identify changes in the deduction for employer-provided meals.
- Learn the effective date of 100% bonus depreciation.
- Apply the election to choose 40% bonus depreciation rather than 100% bonus (and when it can be beneficial).
- Identify changes in self-employment tax to limited partners and LLC members.
Designed For: CPAs and tax practitioners.
CPE Credits: 8, Taxation
Level of Knowledge: Update
Prerequisite: None.
Acronym: FTU
Discussion Leader: Greg White, CPA & George Koutelieris, CPA
