2025 Fall Topical Income Tax Update

1. TCJA Updates & New Tax Law Changes (60 mins)
   This course provides an in-depth update on the Tax Cuts and Jobs Act (TCJA) provisions nearing sunset, with a focus on Section 199A, bonus depreciation, and interest expense limitations under Section 163(j). Participants will also explore proposed legislative changes under the 2025 “Tax Relief and Middle-Class Fairness Act” and their potential impact on tax planning.  The session emphasizes year-end strategies for individuals and closely held businesses to navigate upcoming changes effectively.
2. Required Minimum Distributions & Penalty Updates (55 mins)
   This course provides a timely review of recent changes to Required Minimum Distributions (RMDs), incorporating guidance from SECURE 2.0, IRS Notice 2024-35 and Announcement 2025-2. Participants will learn updated calculation rules, new provisions affecting Roth IRAs, changes to the starting age for RMDs, and penalty waiver procedures.  The course emphasizes practical strategies to ensure compliance and effective client advising considering evolving RMD regulations.
3. Centralized Partnership Audit Regime (110 mins)
   This course provides a comprehensive update on the Centralized Partnership Audit Regime (CPAR), focusing on compliance with the Bipartisan Budget Act (BBA) partnership audit rules. Participants will examine IRS enforcement trends, procedures for partner modifications, and the mechanics of the push-out election.  The course emphasizes practical considerations for preparing partnership returns, managing audit risk, and navigating post-audit adjustments under the CPAR framework.
4. Estates & Gift Tax Updates (60 mins)
   This course provides a timely update on estate and gift tax developments for 2025, including recent legislative proposals and IRS guidance. Participants will review updates to annual exclusion limits, portability elections, and common Form 709 reporting challenges.  The session also explores strategic planning opportunities to maximize the unified credit before the scheduled 2026 sunset of current exemption levels.
5. Pass-Through Entity Taxes & 2025 Updates (75 mins)
   This course provides an in-depth update on Pass-Through Entity Taxes (PTETs), focusing on the growing number of state-level SALT cap workaround regimes. Participants will explore entity-level election procedures, compliance considerations, and planning opportunities for partnerships and S corporations.  The session includes a comparative analysis of state PTET frameworks and highlights key strategies for maximizing tax benefits while navigating complex multi-state requirements.
6. Ethics (60 mins)
   This course addresses real-world ethical challenges in tax practice, emphasizing the importance of due diligence, confidentiality, and accurate disclosure. Participants will explore case studies to identify ethical pitfalls and apply practical solutions in line with Circular 230 and recent regulatory updates.  The session reinforces professional integrity and compliance when representing clients before the IRS.
7. Online Account Setup Basics & Ask the Expert (30 mins.)
   This course provides a practical overview of setting up IRS and Social Security online accounts, highlighting recent updates and their importance for future tax and retirement planning. Participants will learn step-by-step procedures to create and secure their accounts in advance of 2025 deadlines.  The session concludes with an interactive Ask the Expert segment to address common setup issues and answer attendee questions.

2025 Year-End Federal Tax Update

1. Federal Tax Law Updates & Adjustments (60 mins)
   This course provides a comprehensive year-end review of 2025 federal tax law developments, including enacted and proposed legislation, critical IRS guidance, and notable court rulings. Key topics include updates to the Tax Cuts and Jobs Act (TCJA), implementation of the Corporate Transparency Act, digital asset reporting via Form 1099-DA, and expanded IRS enforcement in partnership audits and beneficial ownership compliance.  The session equips tax professionals with the knowledge needed for accurate year-end planning and client advisement.
2. Estates & Gift Tax Updates (55 mins)
   This course offers an in-depth year-end update on estate and gift tax planning for 2025, building on the Fall session with advanced topics and strategic insights. Participants will explore basis step-up timing, trust taxation complexities, use of Crummey powers, and pre-sunset gifting strategies in anticipation of the TCJA exemption reduction. The session emphasizes practical planning techniques for advisors working with high-net-worth clients to optimize tax outcomes and ensure compliance.
3. Business Tax Strategies & Depreciation Updates (110 mins)
   This course provides advanced guidance on year-end business tax strategies for 2025, with a focus on depreciation updates and basis tracking. Participants will explore S corporation shareholder basis reporting using Form 7203, partnership basis adjustments, and compliance under the Bipartisan Budget Act’s centralized audit regime.  The session includes real-world examples of common errors, heightened IRS scrutiny areas, and best practices for accurate basis documentation and audit preparedness.
4. AI & Automation Best Practices (60 mins)
   This course explores best practices for integrating AI and automation into tax practice operations and client communication, with an emphasis on compliance and ethical use. Participants will examine how AI tools are used in correspondence with clients and the IRS, along with the evolving landscape of IRS enforcement initiatives targeting automated interactions.  The session clarifies the scope of AI-related reporting, third-party responsibilities, and preparer risk areas to ensure responsible and effective use of technology.
5. Partnership Tax Developments & Updates (75 mins)
   This course provides a detailed review of 2025 partnership tax developments, including recent IRS guidance and key Tax Court decisions affecting partnership taxation. Participants will explore the impact of new legislative changes on partnership allocations, basis adjustments, and audit procedures.  The session equips practitioners with practical insights and compliance strategies to navigate the evolving tax landscape for partnerships.
6. Ethics (60 mins)
   This course is a repeat offering of the Fall 2025 ethics session, designed to help tax professionals meet their annual CPE requirements. Participants will revisit key ethical responsibilities, including safeguarding client confidentiality, making proper disclosures, and navigating interactions with IRS and state taxing authorities.  The session reinforces compliance with Circular 230 and other professional standards through real-world scenarios and best practices.
7. Preparing for the 2026 Filing Season & Ask the Expert (30 mins)
   This course features an interactive panel discussion preparing tax professionals for the 2026 filing season, with a focus on anticipated tax form revisions, IRS technology updates, and key regulatory trends from 2025. Participants will gain insights into procedural changes, digital submission requirements, and compliance tips relevant to their practice.  The session includes a live “Ask the Expert” segment, offering attendees the opportunity to pose questions and engage in dialogue with experienced tax practitioners.