Click Here to Download the Following Summary
🧾 Part 1: Legislative Update on the “Big, Beautiful” Tax Bill
Presented by: Bob Keebler
Bob Keebler opened with key insights into the ongoing federal tax legislation being shaped by the House and Senate, focusing on provisions likely to affect high-net-worth individuals and business owners. He discussed six major tax-related areas:
Estate and Gift Tax Exemption
Proposed exemption of $15M per individual ($30M with portability for couples).
Emphasis on filing timely estate tax returns to preserve portability rights.
Section 199A (QBI Deduction)
House proposes 23% deduction; Senate offers 20%.
Final resolution pending; phase-out ranges remain uncertain.
Important implications for Roth conversions and bracket management.
Qualified Property & Bonus Depreciation
Introduction of 100% write-off for new manufacturing-related property.
Aimed at incentivizing domestic investment and reshoring.
SALT Deduction Cap
House: $40K cap phased out between $500K and $600K income.
Senate: Maintains $10K cap.
Potential for extremely high effective marginal tax rates due to deduction loss.
Opportunity Zones
Currently unattractive due to the looming 2026 realization date.
Potential for renewed interest post-2027 for capital gains rollovers.
Overall Outlook
Republicans may pass the bill using reconciliation before July 4.
Financial advisors should monitor, but not fixate on updates until early July.
🧑🏫 Part 2: Tax Planning Master Class – Program Overview
Led by: Bob Keebler
Launch Date: July 2, 2025
Format: Four core sessions (plus a potential bonus fifth)
CE Credits: 2 CE per session (CFP, IAR, CPA, EA eligible)
Curriculum Highlights:
Session 1: Advanced Tax Bracket Management (15 strategies).
Session 2: Tax-Advantaged Accounts & Sunset Provisions.
Session 3: Planning for Business Owners – incl. qualified small business stock, depreciation, and medical professionals.
Session 4: Roth Conversions & Advanced Trust/Gift Strategies.
(Optional) Session 5: Supplemental topics if needed after bill passage.
Key Features:
96-slide deck co-developed by Bob and Grant Keebler.
Real-time updates based on final legislation.
Full replays with CE-eligible quizzes for self-study access.
$249 for subscribers; $399 for non-subscribers (includes 8-month access to live programming).
🌐 Part 3: Website and Dashboard Enhancements
Presented by: Tom Dickson & Missy Davis
Updates to improve user experience:
New dashboard interface and mobile-friendly login/reset via text.
“Favorites” menu for quick access to CE, scorecard, and webinars.
Downloadable CSV of course completions for CE tracking (CRPC, AFC, etc.).
Scorecard feature for tracking webinar content by subject/topic.
Enhanced support for IAR CE (e.g., filtering by IAR or ethics CE).
💬 Community Engagement & Growth Initiatives
New Forum Tool: A space for members to post questions, referrals, and topic suggestions.
Giving Circle Initiative: Launching July 10 with Michael Goldman (pooled charitable giving model).
Advisory Panel Call: Volunteers invited for quarterly planning and feedback sessions.
🔜 Upcoming and Ongoing Events
Continued programming for IAR CE every 2 weeks (live/simulated).
Nutrition and wellness webinars, AI note-taking for planners, and more.
Estate Planning Master Class with Alan Gassman – ongoing case reviews.
🔚 Final Notes
Bob Keebler emphasized the educational goal of the Tax Planning Master Class: “issue recognition” rather than CPA-level expertise. Advisors will be better equipped to engage with clients and coordinate with tax professionals.
For more information or to register, visit Financial Experts Network or contact Tom (tom@financialexpertsnetwork.com) or Missy (missy@financialexpertsnetwork.com).
