[WEB] 2025 Mid-Year Tax Update: Planning for Individuals

Description

LINK AND INSTRUCTIONS TO COME FROM HSCPA ONE DAY PRIOR TO SESSION

This course is designed for tax practitioners looking to enhance their knowledge of individual income taxation and provide clients with solid tax planning advice before year-end. The course offers an in-depth review of Form 1040 issues, ensuring participants are up to date on the most current tax year matters. In addition, the course will cover changes in the Internal Revenue Code (IRC) made so far and will help practitioners anticipate any future adjustments by the current administration.  

Highlights

• Legislative changes affecting individual tax planning
• Income, deduction, and credit planning strategies
• Form 1040 issues: divorce, death of a tax payer, and status updates
• Foreign reporting, resident alien, and cryptocurrency tax matters
• Capital gains, Kiddie Tax, and related deductions

Objectives

At the end of this course the participants will be able to:

• Discuss the major changes to the Internal Revenue Code due to recent legislation
• Identify tax planning strategies for their clients in light of new legislation
• Update client financial, estate, and retirement plans based on the new tax rules
• Analyze potential tax changes from the current administration and their implications
• Recognize key issues related to Form 1040 filings, including status, deduction, and credit updates
• Advise clients on capital gains, Social Security, and compensation/fringe benefits planning 

Designed For

CPAs, EAs, attorneys, financial planners, insurance agents, and bankers