FREE webinar:
https://www.natptax.com/EventsAndEducation/Pages/course-details-live-webinar.aspx?k=MBEW2575
Summary
The One Big Beautiful Bill Act of 2025 (OBBBA) introduces new verification procedures for Social Security numbers (SSNs) used on tax returns, affecting how preparers claim credits like the American opportunity tax credit (AOTC) and confirm eligibility for dependents. While SSN rules for the child tax credit and earned income credit remain the same, the IRS is now enforcing them more strictly through real-time e-file checks and new reject codes.
This webinar will show you how to identify acceptable SSNs, distinguish them from ITINs and ATINs, and read SSA-issued cards to determine validity. We’ll cover common issues that delay refunds, such as late-issued SSNs or restricted cards, and provide practical tips for documenting identity, verifying information and advising clients, especially in mixed-status households. You’ll leave with tools to confidently apply the new rules, avoid filing delays and ensure your clients receive the credits they’re entitled to.
Note: This webinar is open to everyone. NATP members who attend and complete the polls will receive 2 CPE. If you're not yet a member, you can join the free webinar, but CPE credits are available exclusively to NATP members.
Objectives
Upon completion of this course, you will be able to:
1. Summarize the new SSN requirements introduced under OBBBA
2. Identify which credits and deductions are affected by the new rules
3. Distinguish between pre-existing SSN requirements and the heightened enforcement standards
4. Analyze the impact of SSN-related errors on return processing, refund denial and preparer penalties under §6695 and §6662
5. Apply compliance strategies and due diligence documentation practices to ensure SSNs meet IRS thresholds
6. Explain how Visa status impacts certain credits and deductions
You may also like the following events from National Association of Tax Professionals (NATP):
- This Wednesday, 3rd September, 06:00 pm, How to Stop Giving Away Free Advice Webinar in Greenville, Wisconsin
- This Wednesday, 3rd September, 07:00 pm, Coordinating SEHI Deductions and Premium Tax Credits Webinar in Greenville, Wisconsin
- Next Monday, 8th September, 03:30 pm, Annual Federal Tax Refresher (AFTR) Online Workshop in Greenville, Wisconsin
Also check out other
Workshops in Niles,
Virtual events in Niles.
|
