Individual Tax Update: Key Considerations for 2025

Overview

This program provides an update to the latest tax developments, rules and regulations impacting and individual taxpayers, with a review and integration of the numerous recent legislation.

*Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com

Highlights

• 2025 Tax Provision Sunsets
• Proposed individual tax provisions
• Recent legislative developments, cases and rulings impacting individual taxpayers
• ACA premium tax credit
• Inflation Reduction Act update
• 2026 inflation rates
• FBAR update
• Virtual currency and enforcement
• Property transactions
• Gross income and deductions

Prerequisites

Basic working knowledge of individual taxation

Designed For

CPAs in public practice and industry seeking an update on the latest individual tax developments

Objectives

• Implement practical strategies based on recent developments
• Identify and recall key compliance issues
• Identify and recall significant changes in tax forms

Preparation

None