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Restaurant Taxation After OBBBA: Key Provisions Impacting Hospitality Businesses

Note: CLE credit is not offered on this program

A live 110-minute CPE webinar with interactive Q&A

This program is included with the Strafford CPE Pass. Click for more information.
This program is included with the Strafford CPE+ Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Friday, November 14, 2025

12:00pm-1:50pm EST, 9:00am-10:50am PST

Early Registration Discount Deadline, Friday, October 17, 2025

or call 1-800-926-7926
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This webinar will review a number of lasting changes to the tax landscape for restaurant owners and operators made by the recently enacted One Big Beautiful Bill Act (OBBBA). Our astute panel from GBQ will walk you through the most relevant updates included in the OBBBA and offer a practical overview of what these changes mean for restaurant and hospitality businesses.

Description

Of the modifications made by OBBBA, perhaps the most notable are the new deductions for tips and overtime pay. For the years 2025-2028, "qualifying" tips from certain occupations are deductible above the line. For the same years, "qualified" overtime pay is also deductible above the line for amounts up to $12,500 ($25,000 MFJ). Unfortunately, the IRS has said that no revisions will be made to the 2025 Form W-2. The IRS has issued a revised Form W-2 for the year 2026.

Perhaps the most lucrative change is the restoration and permanence of 100% bonus depreciation. This, along with the addition of a new eligible category, qualified production property, could reap substantial tax savings for restaurant owners. Restaurants and hospitality businesses need to understand the requirements and opportunities afforded by OBBBA.

Listen as our panel of federal tax experts explains how recent legislation impacts the hospitality industry and offers strategies to reduce tax liability under the new OBBBA provisions.

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Outline

  1. Restaurant taxation after OBBBA: introduction
  2. Restoration of 100% bonus depreciation
  3. New temporary incentives
    1. No tax on tips
    2. No tax on overtime
  4. 20% QBI deduction
  5. Business interest deduction under Section 163(j)
  6. Employee retention credit limitations
  7. Business credits
    1. Work Opportunity Credit
    2. Empowerment Zone Credit
  8. Other considerations

Benefits

The panel will cover these and other critical issues:

  • New temporary incentives, including "no tax on tips" and "no tax on overtime"
  • The permanent extension of the 20% qualified business income (QBI) deduction
  • The restoration and permanence of 100% bonus depreciation
  • Favorable changes to the business interest deduction calculation under Section 163(j)
  • Clarifications on Employee Retention Credit claim limitations
  • Work Opportunity Tax Credit (WOTC) and Empowerment Zone (EZ) Credit

Faculty

Kilpatrick, Ryan
Ryan Kilpatrick, CPA, CCIFT
Partner
GBQ Partners

Mr. Kilpatrick is a Partner, Tax & Advisory at GBQ. 

 |  Read More
Powell, Jon
Jon Powell, EA
Senior Manager
GBQ Partners

Mr. Powell is a Senior Manager, Cost Segregation & Advisory at GBQ. 

 |  Read More
Unalan, Kaz
Kaz F. Unalan, CPA, CEPA
Director, Tax & Business Advisory Services
GBQ Partners

Mr. Unalan has over 20 years of experience providing tax compliance, consulting and planning for business and...  |  Read More

Attend on November 14

Early Discount (through 10/17/25)

CPE credit processing is available for an additional fee of $39.
CPE processing must be ordered prior to the event. See NASBA details.

Cannot Attend November 14?

Early Discount (through 10/17/25)

CPE credit is not available on downloads.

CPE On-Demand

See NASBA details.

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