2025 Business Tax Update
Author: Bradley Burnett
| CPE Credit: |
8 hours for CPAs
8 hours Federal Tax Law Updates for EAs and OTRPs
8 hours Federal Tax Updates for CTEC |
Join Bradley Burnett, J.D., LL.M., as he delivers up-to-the-day changes in federal tax law for businesses. The course, delivered at a brisk pace and with humor, is designed to meet the needs of the tax planner and return preparer by identifying and responsibly exploring recent important tax developments impacting businesses.
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN cardThis course is excluded from the following subscription programs:
Value Pass, Self-Study Package, Webinar Package, Self-Study & Webinar Package, and Firm Package.
Publication Date: January 2026
Designed For
Return preparers, tax planners, and taxpayers desiring to keep up with late breaking tax developments.
Topics Covered
- Planning in Advance for Sunset of TCJA 2017
- 168(k) Bonus Depreciation Update
- Research and Development Expenses
- Capitalize / Amortize Update
- Recently Enacted Legislation
- FinCEN BOI Reporting Rules Update – Dead Forever?
- Nonprofit Corporation Update
- Beneficial Ownership Interest Reporting
- Substantiation Update
- Treatment of Undocumented Partners Form W-9 Verification of U.S. Partners, W-8 for Foreign Partners
- Federal Employment Tax Duty
- S Corps (and Partnerships) - IRS "Suspense Accounts" for Losses Claimed in Excess of Basis in Closed Years
- SE Tax- The Current Battlefield
- S Corporation Elections in Peril - Pro-Taxpayer Relief Clarifications
Learning Objectives
- Recognize relevant new federal tax developments for businesses
- Identify important court cases, regulations, rulings and related developments affecting C and S corporations, partnerships, LLCs and Schedule C businesses
- Recognize IRS activity impact on planners and preparers for businesses
- Identify after which year many of the business provisions of TCJA expire
- Identify a tax planning response to lower income tax rates expiring after TCJA expires
- Identify strategies for pass-through entity taxes (PTET) in response to SALT cap developments
- Identify 2025 retirement plan changes, including from SECURE 2.0 legislation and administrative interpretations
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Taxes (8 hours)
Program Prerequisites
Basic understanding of federal taxation
Advance Preparation
None
