Description
In this course, we review current year developments, recurring problems, and planning ideas. Using a combination of humor and examples, we will focus on tax developments that affect 2025 individual income tax planning and return preparation. The major topics covered in this seminar include * A review of the latest new law provisions affecting 2024 returns, including developments relating to SECURE 2.0 and the Inflation Reduction Act * A review of any tax legislation enacted in 2025 * FinCEN’s beneficial ownership information reporting rules * Regulations modifying the required minimum distribution (RMD) rules for 2025 * An analysis of 2025 developments relating to energy credits, including energy efficient improvements to residences and developments concerning electric vehicles * Employee Retention Credit Developments * 1099-K reporting rules for 2025 * Digital asset developments * New tax cases, rulings, and regulations expected to have the most significant impact on individuals and businesses. The presentation will emphasize tax-planning opportunities resulting from these recent developments.
Required Knowledge: At least one tax season
Advanced Preparation: At least one tax season
Who Should Attend: Individuals who prepare individual income tax returns or who engage in individual income tax planning.
Objective
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 concerning 2024 tax developments emphasizing practical solutions to problems and tax-planning opportunities
Credit Types
- Taxes: 8
- CLE
- Enrolled Agent
Registration Fees
| Registration | Type | Price |
|---|---|---|
| Don Farmer: Live Online | Members | $300.00 |
| Don Farmer: Live Online | Non Members | $500.00 |
| Don Farmer: Live Online | Other State Society | $300.00 |
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.