Objectives
This course is designed to review major developments in federal income taxation for individuals, corporations and other businesses having the greatest impact on participants, their clients and their companies. The course will emphasize developments affecting 2025 returns and tax planning, including any new 2025 legislation, important regulations, rulings and court cases. The seminar is designed to update participants on 2025 tax developments, emphasizing practical solutions to problems and tax planning opportunities.
Major Topics
A review of any tax legislation enacted in 2025, including potential changes to corporate and individual tax rates.
Updates on FinCEN’s beneficial ownership information reporting rules and compliance requirements.
Regulations modifying the required minimum distribution (RMD) rules for 2025.
An analysis of 2025 developments related to energy credits, including clean energy incentives and tax credits for energy-efficient home improvements and electric vehicles.
Employee Retention Credit (ERC) developments and IRS enforcement actions.
Updates on 1099-K reporting rules and implementation for 2025.
Emerging developments in digital assets taxation, including new IRS guidance on cryptocurrency and NFT transactions.
Key new tax cases, rulings and regulations expected to have the most significant impact on individuals and businesses.
IRS enforcement initiatives and compliance trends for 2025.
Planning strategies for maximizing tax benefits and mitigating liabilities in light of recent legislative changes.
The presentation will emphasize tax planning opportunities resulting from these recent developments.
