New Tip Income Tax Deduction Explained - .02 Nano CPE

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A Podcast-Style CPE Nano Course for CPAs

In this innovative podcast-style nano course, powered by our experimental AI presentation technology and guided by expert tax professionals, we break down one of the most significant new changes in tax law: the temporary above-the-line deduction for qualified tip income.

Millions of workers in the food, beverage, beauty, and gig industries are impacted by the new legislation under the One Big Beautiful Act (OBBA). Whether you’re advising clients or managing your own tax return, understanding how tips are now taxed—and who qualifies for this deduction—has never been more important.

Through an engaging audio presentation (with full transcript provided), you’ll gain practical knowledge of the new rules, eligibility requirements, AGI phase-outs, and employer credits, all explained in a clear, conversational format.

Learning Objective:

After completing this nano course, participants will be able to:

Explain the new above-the-line tip deduction created by the OBBA and its temporary nature (2025–2028).
Identify eligibility requirements, including income limits, filing status rules, and excluded specified service trades or businesses (SSTBs).
Recognize the $25,000 deduction cap and AGI phase-out thresholds.
Apply the key distinctions between W-2 employees, independent contractors, and self-employed individuals in qualifying for the deduction.
Describe the expansion of the FICA tip credit to include beauty services alongside food and beverage industries.

Who Should Take This Course

CPAs seeking NASBA-compliant credit (.2 hours).
Tax professionals advising tipped employees, contractors, or self-employed clients
.
Advisors serving the food, beverage, beauty, or gig economy sectors.
Practitioners looking for a concise, high-value update on this new deduction.

Course Format	Podcast-Style Audio Presentation: Delivered by AI with human-expert content design.
CPE Hours:	Taxes = 0.2 CPE Credits / Total = 0.2 Nano CPE Credits
Accreditation:	NASBA CPA
Nano Field of Study:	Taxes
Publication Date:	7/29/2025
Instructional Delivery Method:	Nano Learning - QAS Self-Study (Audio + Transcript)
Level:	Intermediate
Prerequisites:	None
Advanced Preparation:	No Advanced Preparation Required

Certified Public Accountants: CountingWorks, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CountingWorks, Inc. is an approved provider for IRS, NASBA QAS and CTEC providing continuing education for CPAs, EAs, IRS and CRTPs.

Registration: Sign-up online by clicking add to cart above or by phone at 1-800-384-1101

New Tip Income Tax Deduction Explained - .02 Nano CPE

A Podcast-Style CPE Nano Course for CPAs

Learning Objective:

Who Should Take This Course

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