Tax Season Tune Up - Virtual

Tax Season Tune Up (2 hr)

Exactly What You Need to Know to Prepare 2025 Tax Returns

Tune up = to adjust an engine or mechanism to operate at peak efficiency

(Oxford Online Dictionary)

What are the exact recent tax law changes which impact the preparation of the 2025 tax returns? There are plenty affecting Forms 1040 and business returns. This course dives into 2025 law changes and tunes you up to make you a well operating machine for tax season.

Objectives

To update the attendee with relevant new tax developments

Highlights

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In this all new, built from scratch, 2 hour course we'll focus on:

Impacts of recent legislation on 2025 returns

Changes to IRS forms that may reach out to bite you

Inflation adjusted amounts for everything under the sun

New OBBBA changes that grab ahold hard in 2025

Choices, choices, choices re: timing of cost recovery (bonus, 179) transition rules and implications

K-1 changes that carry extremely devastating sting

SALT PTET workaround statutes continue their day in the sun - Mostly

Disaster relief rules coming out of our ears

Gotchas with electric vehicle credits affecting 2025 returns

Tax planning in the face of it all

Anything else that's new, thats important and that pops

Who Will Benefit

Return preparers, tax planners and taxpayers desiring to keep up with late breaking tax developments

Credits