Understanding Tax Policy and Reform 2025
Date: Monday, February 3, 2025
Instructor: Annette Nellen
Begin Time: |
11:00am Pacific Time 12:00pm Mountain Time 1:00pm Central Time 2:00pm Eastern Time |
CPE Credit: |
2 hours for CPAs 2 hours Federal Tax Law Updates for EAs and OTRPs 2 hours Federal Tax Updates for CTEC |
|
NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
This webinar will explain the key tax proposals of the new Administration and 119th Congress. The effect on taxpayers of various types and sizes will also be addressed. Factors effecting the legislative process such as congressional voting, revenue estimates, distributional analysis and more will also be covered.
Topics Covered
- Tax proposals of the new Administration and 119th Congress
- Relevance of the proposals to any reforms of the TCJA
- Factors that affect likelihood of enactment
- Additional tax-related activities likely for the 119th Congress
Learning Objectives
- Explain legislative proposals and priorities for the new Administration and 119th Congress, including dealing with expired or expiring TCJA provisions
- Explain the factors influencing the timing, duration and range of possible tax law changes, such as the make-up of Congress, deficit, national debt, interest rates, other economic considerations
- Explain how interests and concerns of state and local governments may affect tax law changes
- Identify the relevance of principles of good tax policy to tax reform
- Describe how to help your employer or clients better understand possible upcoming tax changes
Level
Update
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
Basic understanding of tax preparation and policies
Advance Preparation
None