BarbriSFCourseDetails
  • videocam Live Online with Live Q&A
  • calendar_month November 14, 2025 @ 1:00 p.m. ET./10:00 a.m. PT
  • signal_cellular_alt Intermediate
  • card_travel Tax Preparer
  • schedule 110 minutes

Restaurant Taxation After OBBBA: Key Provisions Impacting Hospitality Businesses

$197.00

This course is $0 with these passes:

CPE
ALL
  1. keyboard_arrow_leftBack
BarbriPdBannerMessage

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. 

Presented By

Ryan Kilpatrick
Partner
GBQ Partners, LLC

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

expand_circle_down Expand to View Full Bio expand_circle_up Collapse Bio
Jon Powell
Senior Manager
GBQ Partners, LLC

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

expand_circle_down Expand to View Full Bio expand_circle_up Collapse Bio
Kaz F. Unalan
Director, Tax & Business Advisory Services
GBQ Partners, LLC

Mr. Unalan has over 20 years of experience providing tax compliance, consulting and planning for business and individual taxpayers. He co-leads GBQ’s Restaurant Services team and has experience in serving all restaurant segments from emerging concepts to large national restaurant chains nationwide. Mr. Unalan also has significant restaurant specific experience in mergers and acquisitions and succession planning.

expand_circle_down Expand to View Full Bio expand_circle_up Collapse Bio
Credit Information

  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

  • BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

Date + Time

  • event

    Friday, November 14, 2025

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

I. Restaurant taxation after OBBBA: introduction

II. Restoration of 100% bonus depreciation

III. New temporary incentives

A. No tax on tips

B. No tax on overtime

IV. 20% QBI deduction

V. Business interest deduction under Section 163(j)

VI. Employee retention credit limitations

VII. Business credits

A. Work Opportunity Credit

B. Empowerment Zone Credit

VIII. Other considerations

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

Learning Objectives

After completing this course, you will be able to:

  • Identify key changes under OBBBA impacting restaurants
  • Determine compliance obligations for tips and overtime after OBBBA
  • Decide which businesses could benefit from the Work Opportunity Credit
  • Ascertain which property qualifies as qualified production property


  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite:

    Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of pass-through taxation, including taxation of partnerships, S corporations and their respective partners and shareholders.


BARBRI 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 Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

IRS Approved Provider

BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

BARBRI CE webinars-powered by Strafford-are backed by our 100% unconditional money-back guarantee: If you are not satisfied with any of our products, simply let us know and get a full refund. Contact us at 1-800-926-7926 .