Hot Tax Topics for Year End 2025 - Businesses
Author: Greg White
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Law Updates for EAs and OTRPs
1 hour Federal Tax Updates for CTEC |
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 card
The passage of the OBBBA (Tax Cuts and Jobs Act extension) makes 2025 the most import tax year in almost a decade. We’ll go through most of the major changes, including important planning ideas.
Publication Date: December 2025
Topics Covered
- Section 199A QBID
- Bonus Depreciation and Section 179
- Excess Business Losses
- Business Meals
- Hobby Losses
- Self Employment Tax
Learning Objectives
- Explain how to apply the new rules related to the section 199A 20% QBID deduction
- Identify changes in the excess business loss (EBL) restriction
- Explain how to apply the new expanded credit for employer-paid FICA taxes
- Explain how to apply important new changes in requirements for filing Forms 1099-MISC and 1099-NEC
- Identify the maximum Section 179 deduction for 2025
- Identify the workers newly eligible for the expanded FICA tip credit beginning in 2025
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
Basic understanding of federal income taxation concepts.
Advance Preparation
None
