Stay ahead with the latest 2025 Federal Tax Law Updates in this IRS-approved course. Whether you’re navigating new tax brackets, inflation adjustments, or retirement contribution limits, this comprehensive course ensures you have the most current and accurate information. Gain valuable insights into changes affecting tax credits, depreciation, and special tax situations. Our expert guidance will help you master crucial updates, making the tax season smoother and more efficient.
Learning Objectives:
- Understand the 2025 tax brackets and inflation adjustments, including rates for single filers, married filing jointly, head of household, and married filing separately.
- Identify changes to standard deductions, capital gains, and retirement plan contribution limits.
- Learn about new rules for electric vehicle tax credits, including income caps and vehicle requirements.
- Explore the phased reduction of bonus depreciation and the specifics of Section 179 deductions.
- Stay up to date with the latest updates on earned income tax credits and premium tax credits.
- Understand worker classification and the potential impacts on tax liabilities.
- Stay compliant with changes to IRS Form 1099-K and estate and gift tax requirements.
About the Presenter:
Dr. Bart A. Basi, the Senior Advisor at The Center for Financial, Legal & Tax Planning, Inc., is a distinguished attorney and CPA, who also holds a Doctorate in Economics. As a Tax Course Instructor for the Internal Revenue Service’s Annual Filing Season Program, he educates tax preparers nationwide. Licensed in Illinois and New York, and admitted to the United States Supreme Court, Dr. Basi imparts expertise to CPAs and attorneys on financial, legal, and tax matters. Renowned as a sought-after speaker, he addresses audiences on topics including taxes, mergers, acquisitions, succession planning, and valuations for private companies. Additionally, Dr. Basi serves as a trusted advisor, guiding businesses through the complexities of inflation and economic impacts on strategic decision-making for private companies.
