Self-Study
2025 Federal Tax Update (Business Edition)
Original price was: $320.00.$271.00Current price is: $271.00.
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Secure Transaction CPE Credits
8 Credits: Taxes
Course Level
Update
Format
Self-Study
Course Description
America’s #1 Federal Tax Update – Business edition delivers a timely, practical overview of the most important federal tax changes affecting business clients in 2025. The Business edition covers updates on business energy credits, depreciation limits, business deductions, the extension of the excess business loss rule, and new IRS guidance on the Employee Retention Credit. It also highlights developments in ACA compliance, worker classification, partnership audits, and S corporation issues such as basis reporting and reasonable compensation. Participants will examine key IRS rulings, administrative changes, and planning opportunities through relatable examples designed to support informed client advice and proactive compliance throughout the year.
Learning Objectives
- Understand the key provisions of the Inflation Reduction Act affecting business energy credits and their implications.
- Review the extension of the excess business loss limit through 2028 and its impact on business tax planning.
- Learn about the new NOL Form 172 and its use in reporting net operating losses.
- Analyze the potential for cannabis business expenses to become deductible and the ongoing regulatory developments.
- Examine the limitations on business interest deductions and strategies for compliance.
- Understand the 50% deduction for business restaurant meals and its application in tax planning.
- Review depreciation changes for 2025, with a focus on luxury auto depreciation limits and their effect on businesses.
- Explore the aggregation election for the QBI deduction and its continued relevance in tax strategy.
- Discuss the ongoing ACA requirements for businesses and the compliance measures for 2025.
- Learn about employer credits and compliance under SECURE 2.0 and their impact on business retirement planning.
- Examine the tax implications of fringe benefits, including a notable example involving W-2 income.
- Understand the differences between employees and independent contractors under new IRS regulations and rulings.
- Review the Trust Fund Recovery Penalty and its implications, including the tax treatment of diverted funds.
- Get clarity on how to report Employee Retention Credit income in the year it is received and its tax consequences.
- Discuss the streamlined partnership audit process, updates to IRS filing requirements, and recent guidance on partnership interests.
Course Specifics
25FTU-Business-SS
November 5, 2025
None
None
477
Compliance Information
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02755-25-S
IRS Federal Tax Update Credits: 8
CTEC Course Number: 2071-CE-02198
CTEC Federal Tax Update Credits: 8
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.
Meet The Experts
Mark Seid, EA, CPA has over 25 years of experience in field of taxation focused on tax controversy. A National Tax Practice Institute graduate, Mark is admitted to practice before the U.S. Tax Court. He has served as an Internal Revenue Agent with the IRS in San Jose and San Luis Obispo, California, a state director for the California Society of Enrolled Agents, and the chair for the society’s Finance and Budget committee. He regularly presents courses to tax professionals on issues affecting small businesses.
Sharon Kreider, CPA, has helped more than 15,000 California tax preparers annually get ready for tax season. She also presents regularly for the AICPA, the California Society of Enrolled Agents, CCH Audio, and Western CPE. You’ll benefit from the detailed, hands-on tax knowledge Sharon will share with you—knowledge she gained through her extremely busy, high-income tax practice in Silicon Valley. With her dynamic presentation style, Sharon will demystify complex individual and business tax legislation. She’s a national lecturer for business and professional groups and consistently receives outstanding evaluations. In 2014, she was awarded the prestigious AICPA 2014 Sidney Kess Award …
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