Outsmarting the One Big Beautiful Bill

Overview

This certificate program equips CPAs and financial professionals with a structured learning path through the three stages of data analytics’descriptive, predictive, and prescriptive. Each course builds on the last, ensuring you gain both foundational knowledge and advanced skills to transform data into actionable insights that drive smarter financial decisions. You’ll begin with Descriptive Analytics, learning how to evaluate analytics maturity and apply techniques such as text mining, clustering, and outlier detection to uncover patterns and anomalies. Next, you’ll advance to Predictive Analytics, where you will apply forecasting methods and modeling techniques’including statistical forecasting and CART trees’to anticipate future outcomes such as staffing needs, revenue trends, and market segmentation. Finally, you complete the journey with Prescriptive Analytics, focusing on optimization strategies to recommend the best course of action. You’ll solve decision problems involving capital investment and inventory management, gaining hands-on experience in applying prescriptive methods to real-world financial challenges. By completing this certificate, you’ll move through the full analytics lifecycle, developing the ability to benchmark analytics capabilities, forecast with confidence, and optimize decisions for greater business value.

Highlights

Prerequisites

Work experience in tax planning or tax compliance, or an introductory course in taxation.

Objectives

• Identify key individual tax provisions made permanent under OB3, including tax brackets, standard deductions, and mortgage interest limits.
• Recall newly created OB3 deductions and credits affecting individuals and families, such as senior deductions, child tax credits, and car loan interest.
• Recognize changes to itemized deductions and thresholds, including SALT deduction caps and alternative minimum tax adjustments.
• Identify major OB3 benefits applicable to small businesses, including pass-through income deductions and enhanced depreciation rules.

Preparation

None.

Notice

This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.