SCORE-Staten Island Will Host Free Webinar June 25 To Help Entrepreneurs Strengthen Business Credit
June 12, 2025
Staten Island Median Home Price Climbs to $755,000 as Housing Inventory Tightens, Report Shows
January 8, 2026
Virtual event is designed to help taxpayers and practitioners better understand how recent federal tax legislation under the 2025 Act may affect personal income tax
STATEN ISLAND, N.Y. (Jan. 6, 2026) — As Staten Island practitioners, taxpayers and business owners prepare for sweeping federal tax changes, SCORE-Staten Island will host a two-hour webinar offering a detailed breakdown of the One Big Beautiful Bill Act (OBBBA).
The online workshop – “The 2025 Act a/k/a The One Big Beautiful Bill Act (OBBBA): What It Really Means for Individuals & Small Business Owners” – will take place Tuesday, Jan. 20, 6 to 8 p.m., via Zoom.
The program will be presented by seasoned Staten Island–based accounting expert Doreen M. Inserra, a certified public accountant (CPA); certified government financial manager; past president, Staten Island Chapter of the New York State Society of Certified Public Accountants; and long-time member of the Association of Government Accountants (AGA), as well as other tax associations.
The virtual event is designed to help taxpayers and practitioners better understand how recent federal tax legislation under the 2025 Act may affect personal income tax by focusing on:
- New additional tax deductions and enhanced personal tax credits
- Trump Accounts for Newborns
- Estate Tax permanency
- Continuity in tax planning for small businesses, where the Act makes permanent the Qualified Business Income Deduction, Qualified Opportunity Zones, Section 179 expensing, and 100% bonus depreciation
- Key topics include:
- Extension of the Favorable Income and Capital Gain Tax Rates
- Increased Deductions (Seniors; No Tax on Tips; No Tax on Overtime Provisions; Increased State and Local Income Tax (SALT) Cap; and Qualified Passenger Vehicle Loan Interest Deduction)
- First-Year Expensing of Equipment (Section 179) and Bonus Depreciation Considerations (including Qualified Production Property)
- Research and Development Expenditures and the small-retroactive election back to Tax Year 2022
- 100% Bonus Depreciation Treatment of Certain Sound Recording Productions which includes albums, soundtracks and podcasts intended for commercial release (and for Influencers, too)
- 100% Exclusion of Qualified Business Stock held for five years issued or acquired in tax years beginning after the date of enactment of the OBBBA, July 4, 2025
CONTINUING EDUCATION CREDITS
Continuing education credits are available for qualified attendees, including two hours of IRS CE, NYS CPA CPE, and CFP® CE, subject to applicable fees and credential requirements. A non-refundable fee of $30 applies for IRS CE and NYS CPA CPE credits, with an additional $15 fee for CFP® credits.
Seminar registrants not seeking educational credits may attend the workshop free of charge by entering the word “FREE” as their discount code when signing up.
HOW TO REGISTER
Registration for the webinar is available online at https://tinyurl.com/SCOREsiTaxWebinarJan2026.
Those seeking additional information may email SCORE-Staten Island at scorestatenisland@scorevolunteer.org.
About SCORE-Staten Island
SCORE-Staten Island is dedicated to fostering a vibrant small-business community primarily in the New York City boroughs of Staten Island and Brooklyn, and nearby areas of New Jersey. The organization provides cost-free education and confidential mentoring to both aspiring and established entrepreneurs. Headquartered at 1855 Victory Boulevard, in the Salmon Real Estate Building, Castleton Corners, SCORE-Staten Island is Chapter 476 of the nationwide SCORE nonprofit association.
A resource partner with the U.S. Small Business Administration, SCORE is funded in part through a cooperative agreement with the SBA. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.
For additional information, or to schedule an appointment, SCORE-Staten Island may be visited at https://score.org/statenisland; telephoned at 718-727-1221; emailed at scorestatenisland@scorevolunteer.org, and visited on Meta/Facebook (https://www.facebook.com/SCOREStatenIsland) and LinkedIn (https://www.linkedin.com/company/score-mentors-staten-island).
###
