Description
In this course, we review current year developments, recurring problems, and planning ideas affecting individual, corporate, and business income taxation. Using a combination of humor and examples, we will emphasize all major new tax legislation as well as other significant tax developments that affect 2025 tax-return preparation and 2025 income tax planning for individuals, corporations, and non-corporate businesses. A review of corporate and other business income taxation including * Segments covering the latest developments in the areas of S-corporations, partnerships, constructive dividend issues, the 20% QBI deduction, purchase and sale of businesses, §1031 exchanges, travel, meal, and entertainment deductions, fringe benefits, §179 and 168(k) depreciation deductions, accounting methods including final regulations explaining treatment of inventories and use of the cash method for taxpayers with average gross receipts of $29 million or less, Rev Proc providing rules for automatic accounting method changes, when rental income is subject to S/E tax, PTE elections to pay state income taxes at the entity level by S-corps and partnerships, business interest expense limitation, filing Forms K-2 and K-3, green energy, and other business topics * Significant 2024 developments, including any new 2024 legislation, SECURE Act 2.0 provisions effective for 2025, commercial vehicles qualifying for new electric vehicle credits, Inflation Reduction Act green energy provisions affecting businesses, the latest on the Corporate Transparency Act, employee retention credit developments, and many others * A review of significant tax provisions and changes first effective in 2025.
Required Knowledge: At least one tax season
Advanced Preparation: At least one tax season
Who Should Attend: Individuals having one or more tax seasons and a general understanding of individual, corporate, and business income taxation who are involved in the preparation and/or review of individual, corporate, and business income tax returns or who provide tax-planning advice to individuals and businesses
Details
Check in for all in-person events begins one hour prior to event start time. Also, be sure to allow enough time for traffic, parking, and check-in. If you should arrive late or depart early, you must adjust your CPE credit accordingly.Sheraton Imperial Hotel Raleigh-Durham Airport at Research Triangle Park
4700 Emperor Blvd I-40 #282
Durhan, NC 27703
919-941-5050
Objective
This course is designed to * Provide explanations and planning ideas relating to the latest 2025 corporate and business tax developments, including the most recent guidance on new tax law provisions * Help practitioners prepare for “tax season" * Review tried-and-true traditional tax-planning opportunities * The course includes a comprehensive reference manual with each chapter containing basic rules, selected items of interest, 2025 developments, planning ideas, and listings of related IRS forms and publications
Credit Types
- Taxes: 8
Event Speaker(s)
- CLE
- Enrolled Agent
Registration Fees
| Registration | Type | Price |
|---|---|---|
| F0000325: Corporate Tax Update - Early Bird Registration - Cutoff: 11/27/25 | Members | $300.00 |
| F0000325: Corporate Tax Update - Early Bird Registration - Cutoff: 11/27/25 | Other State Society | $300.00 |
| F0000325: Corporate Tax Update - Early Bird Registration - Cutoff: 11/27/25 | Non Members | $500.00 |
Registration Fees
| Registration | Type | Price |
|---|---|---|
| F0000325: Corporate Tax Update - Early Bird Registration - Cutoff: 11/27/25 | Members | $300.00 |
| F0000325: Corporate Tax Update - Early Bird Registration - Cutoff: 11/27/25 | Non Members | $500.00 |
| F0000325: Corporate Tax Update - Early Bird Registration - Cutoff: 11/27/25 | Other State Society | $300.00 |
| F0000325: Corporate Tax Update - Registration | Members | $350.00 |
| F0000325: Corporate Tax Update - Registration | Non Members | $555.00 |
| F0000325: Corporate Tax Update - Registration | Other State Society | $350.00 |
The North Carolina Association of Certified Public Accountants 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/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.