This course recaps and examines key federal tax issues that have come to the forefront in the quarter leading up to July 2025. Subject matter includes: the One Big, Beautiful Bill Act (OBBBA), including but not limited to TCJA expiring provisions, energy credits, SALT deduction, disaster relief, business provisions, and new deductions; calculating disaster gains and losses; loss calculation safe harbors; income-related monthly adjustment amount (IRMAA) for Medicare beneficiaries; tax planning for home improvement projects; relinquishing U.S. citizenship; worker misclassification relief; new consent form for split gifts; appraiser standards; crypto transition relief; and more.<br/><br/> By proceeding to the examination, you acknowledge and confirm that you have completed the required coursework.