Don Farmer Tax Education - 2025 Federal Tax Update with Don Farmer and Nicholas Preusch

OL1632  |  On Demand Course  |  Update  |  Self-Study

Description

This is a limited time on demand course. The course will expire on 1-31-2026.

In this course, we review current year developments and planning ideas affecting individual, corporate and business income taxation using a combination of humor and examples. We will emphasize all major new tax legislation as well as other significant tax developments that affect 2025 tax return preparation and 2025 tax planning for individuals, corporations, and non-corporate businesses.

Credits

Number of Credits Type of Credits
8.00 Taxes

Designed For

Individuals having one or more Tax Seasons and a general understanding of individual, corporate and business income taxation who are involved in the preparation and/or review of individual, corporate and business income tax returns or who provide tax planning advice to individuals and businesses.

Highlights

The major topics covered in this seminar include:

  • A review of the latest new law provisions affecting 2025 returns, including developments related to SECURE 2.0 and any new tax legislation
  • A review of any tax legislation enacted in 2025, including potential changes to corporate and individual tax rates
  • Updates on FinCEN's beneficial ownership information reporting rules and compliance requirements
  • Regulations modifying the required minimum distribution (RMD) rules for 2025
  • An analysis of 2025 developments related to energy credits, including clean energy incentives and tax credits for energy-efficient home improvements and electric vehicles
  • Employee Retention Credit (ERC) developments and IRS enforcement actions
  • Updates on 1099-K reporting rules and implementation for 2025
  • Emerging developments in digital assets taxation, including new IRS guidance on cryptocurrency and NFT transactions
  • Key new tax cases, rulings and regulations expected to have the most significant impact on individuals and businesses
  • IRS enforcement initiatives and compliance trends for 2025
  • Planning strategies for maximizing tax benefits and mitigating liabilities in light of recent legislative changes

Objectives

To review major developments in federal income taxation for individuals, corporations, and other businesses having the greatest impact on participants, their clients, and their companies. The course will emphasize developments affecting 2025 returns and tax planning, including any new 2025 legislation, important regulations, rulings, and court cases. The seminar is designed to update participants concerning 2025 tax developments emphasizing practical solutions to problems and tax planning opportunities.

Notes

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Prices

Member (Early Bird)
$309.00
Non-Member (Early Bird)
$429.00
Member
$309.00
Non-Member
$429.00
Your Price: $429.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

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Instructors

Don Farmer, CPA, PA

Don Farmer, CPA, is past president of Don Farmer, CPA, PA. A former tax partner with Deloitte & Touche, LLP, he resigned his position as partner and became a consultant in order to devote most of his time to writing and lecturing. For more than 40 years, Don wrote and presented CPE programs across the U.S., making presentations in 40+ states. He is currently working behind the scenes to provide consulting services to Don Farmer Tax Education.

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Nicholas Preusch, CPA, JD, LLM

Nick Preusch, CPA, J.D., LL.M., MSA, has a primary focus of performing tax services relating to emerging issues and complex tax transactions. He works closely with businesses and individuals to find tax efficiencies through ever-changing tax legislation.

Nick started his career with the Internal Revenue Service (IRS) as a revenue agent, and then as an attorney at the IRS National Office in Washington, D.C., where he was the lead attorney for several significant tax ethics cases.

Nick co-authored Tax Preparer Penalties and Circular 230 Enforcement, a textbook published by Thomson Reuters. He has also been published in the AICPA's Tax Advisor and Journal of Accountancy along with CCH's Journal of Tax Practice and Procedure. In 2017, he was named one of the VSPCA's Top 5 Under 35. In 2018, he was named to CPA Practice Advisor's Top 40 Under 40. In 2018, he was part of the AICPA's New Face of Tax ad campaign. Nick has been a member of the AICPA's Tax Practice Responsibilities Committee, Tax Executive Committee and Professional Ethics Executive Committee.

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