Major federal tax reform was passed in July 2025 and this course brings business tax professionals up to speed on what changes. Designed for fall delivery, this update covers the key provisions of the new law that directly impact business owners, passthrough entities, and self-employed taxpayers. Whether your clients file via S corporations, partnerships, sole proprietorships, or farming operations, this course covers the new rules and what they mean for 2025 filings and 2026 planning.
We’ll walk through entity-level impacts, changes to deductions and credits, and special issues like QBI adjustments, depreciation updates, and business loss limitations. The course also addresses client questions around business structure choices, payroll tax credits, and planning strategies under the new law.
Learning Objectives:
At the end of this course, you will be able to-
• Apply the 2025 federal tax law to business income tax filings
• Identify changes to pass-through taxation, including S Corp and partnership reporting
• Evaluate the updated Qualified Business Income (QBI) deduction rules
• Recognize changes to business loss limitations under Section 461(l)
• Understand the treatment of expenses, depreciation, and business use of property under the new law
• Address compliance requirements for Schedules C, E, and F
• Analyze legislative impacts on small business planning and elections
• Communicate tax reform implications to clients and business owners effectively
To complete this course participants need to: Be present the day of the event and sign the attendance rosters.
You have 1 year from the time of purchase/enrollment to complete this course
Our Refund Policy can be found at: https://cpeprime.com/cancellation-and-refund/