Date: March 13th , 2025

Time: 3pmET | 2pm CT | 1pm MT | 12pm PT

Duration: 120 Minutes

Course Overview:

The 2025 tax filing season brings several important federal tax law updates, IRS form revisions, and compliance changes that tax professionals must understand before preparing returns. From adjustments affecting Form 1040 and business tax filings to new legislation and inflation adjustments, staying current is essential for accurate tax preparation.

This webinar is designed to help tax professionals prepare for the upcoming filing season by reviewing the most significant tax law developments impacting 2025 tax returns. Participants will gain a practical understanding of recent legislation, including the One Big Beautiful Bill Act (OBBBA), and how these changes affect both individual and business taxpayers.

The session will also highlight key updates to IRS forms, adjustments to deductions and credits, and compliance considerations that may impact tax return preparation. Special attention will be given to areas that often create confusion or errors during tax season, allowing participants to anticipate challenges and avoid common pitfalls.

By the end of the webinar, attendees will be better equipped to navigate new rules, apply updated tax provisions, and confidently prepare accurate 2025 federal income tax returns.

Topics Covered

• Overview of Recent Federal Tax Law Changes Affecting 2025 Returns
• Key Updates to Form 1040 and Business Tax Forms.
• Inflation Adjustments and Phaseout Thresholds.
• Overview of the One Big Beautiful Bill Act (OBBBA) and Its Impact on Returns.
• New SALT Deduction Rules and Planning Considerations.
• Electric Vehicle Credit Updates and Potential Compliance Issues.
• Cost Recovery Decisions and Section 179 Deduction Timing.
• Transition Rules and Other Important Filing Considerations..

 Learning Objectives :

• Understand the latest tax law updates impacting tax return preparation.
•  Learn about important changes to IRS forms that may affect filing accuracy.
•  Review inflation-adjusted limits, credits, and deduction thresholds for the 2025 tax year.
•  Gain clarity on the OBBBA tax legislation and how it affects individual and business returns.
•  Identify potential tax season “gotchas”, including electric vehicle credits and phaseout rules.
•  Explore strategies for handling SALT deductions, cost recovery choices, and Section 179 planning.
•  Prepare for the 2025 filing season with practical insights to avoid errors and penalties.

Credits and Other information:

• Recommended CPE credit – 2.0
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Update
• Location: Virtual/Online
• Delivery method: Group Internet Based
• Attendance Requirement:  Yes
• Session Duration: 120 Minutes

Who Will Benefit:

• CPA
• Enrolled Agents (EAs)
• Tax Professionals
• Attorneys
• Other Tax Preparers
• Finance professionals
• Financial planners

About Our Speaker

Bradley Burnett, J.D., LL.M., is a practicing Colorado tax attorney with 40 years of tax practice experience. His practice emphasis is on tax planning and tax controversy resolution. He also prepares a handful of tax returns.

Prior to establishing his own law firm in 1990, he practiced tax accounting with national and local CPA firms, worked as a trust officer for a Denver bank, and managed the tax department as a partner in a medium-sized Denver law firm. After receiving his undergraduate degree in accounting and law degree (J.D.), he earned a Master of Laws (LL.M.) in Taxation from the University of Denver School of Law Graduate Tax Program.