Filing season is here — and so is confusion. In this episode, host April Walker, CPA, CGMA, Senior Manager — AICPA & CIMA, is joined by Mark Gallegos, CPA, MST, Partner — Porte Brown, to break down the most common questions around the new H.R. 1, P.L. 119-21, the law known as the One Big Beautiful Bill Act (OBBBA) provisions, from Trump accounts to the senior deduction as well as discussion around electronic payments and refunds. Practical guidance is here to help you cut through the noise and get it right.

What you'll learn from this episode:

How new Trump accounts are prompting new client questions while key issues remain unresolve
How to clear up confusion around the senior deduction and social security taxation
What additional information may be needed from clients for the new deductions for tips, overtime and auto loan interest
Why practitioners might need to ask more questions related to energy credit expenditures
That managing client misinformation and expectations is a core busy-season skill, especially as guidance continues to evolve.

AICPA resources

Planning after tax changes

FAQs on qualified tip and overtime deductions

IRS Payment Modernization: Sending and Receiving Funds Electronically

IRS Practice & Procedures

Trump accounts under Sec. 530A — FAQs and insights

Keep your finger on the pulse of the dynamic and evolving tax landscape with insights from tax thought leaders in the AICPA Tax Section. The Tax Section Odyssey podcast includes a digest of tax developments, trending issues and practice management tips that you need to be aware of to elevate your professional development and your firm practices.

This resource is part of the robust tax resource library available from the AICPA Tax Section. The Tax Section is your go-to home base for staying up to date on the latest tax developments and providing the edge you need for upskilling your professional development. If you're not already a member, consider joining this prestigious community of your tax peers. You'll get free CPE, access to rich technical content such as our Annual Tax Compliance Kit, a weekly member newsletter and a digital subscription to The Tax Adviser.

2025 filing season: What clients are getting wrong (and how to respond)