Event Description

A major federal tax law is expected to pass in 2025—and this 4-hour course gives you critical updates for individual filers. Designed as a practical and timely 1040 update, it focuses on the new rules that will shape 2025 tax returns, including rates, credits, deductions, and key planning strategies.
Whether you’re preparing returns or guiding clients, this session offers condensed but comprehensive insight to help you apply the law confidently for year-end planning and filing season. Perfect for professionals who need an efficient, relevant update without missing the essentials.

Designed For

CPAs, EAs, and other tax professionals

Objectives

At the end of this course, you will be able to:

• Prepare Form 1040 based on 2025 tax law changes
• Identify updated tax rates, brackets, and standard deduction amounts
• Apply revised rules for key credits, including the Child Tax Credit and EITC
• Address changes to income inclusion and exclusions
• Recognize updated rules for itemized deductions
• Analyze changes to QBI and relevant individual tax provisions
• Recommend year-end strategies aligned with the new law
• Communicate legislative changes effectively to clients and teams

Major Subjects

• Key provisions of the 2025 federal tax reform
• Tax rate and bracket changes
• Standard and itemized deduction updates
• Credit revisions: Child Tax Credit, EITC, and others
• Income phaseouts and thresholds under the new law
• QBI considerations for individuals
• Health-related and ACA tax updates
• Year-end planning strategies for 2025