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Secure Transaction CPE Credits
2 Credits: Taxes
Course Level
Update
Format
Webcast
Course Description
This 2-credit CPE course keeps tax practitioners current on some of the most significant federal tax developments already occurring in 2025. Designed for CPAs, EAs, and other tax professionals who need to stay informed between more comprehensive Federal Tax Updates, this course highlights critical changes affecting individual and business taxation.
Topics include new form requirements, premium tax credit updates, clean vehicle credit modifications, recent disaster tax relief provisions, proposed changes to Circular 230, a refresher on retirement plan updates, and more. Participants will explore practical applications of these changes through relevant examples and gain insights into planning opportunities for clients. This course serves as an essential bridge between annual tax updates, ensuring practitioners remain knowledgeable about evolving tax requirements during the current tax season.
Learning Objectives
After completing this course, participants will be able to:
- Identify and explain key updates to 2024 tax forms, including new Schedule 1 reporting for digital assets, Clean Vehicle Credit reconciliation requirements, and Form 172 documentation for net operating losses.
- Apply the provisions of the Federal Disaster Relief Act of 2023 to properly report casualty losses for clients affected by natural disasters.
- Explain the tax treatment implications of the types of federally declared disaster losses and determine proper timing for claiming such losses.
- Differentiate between the various retirement plan distribution repayments treated as rollovers in 2024 and their reporting requirements on Form 8606.
- Analyze recent judicial decisions affecting tax practice and their direct affects on hobby loss regulations.
- Implement planning strategies related to clean vehicle credits based on AGI limitations, tax liability constraints, and leasing considerations.
Course Specifics
WC1825434491
June 18, 2025
None
None
Compliance Information
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02712-25-O
IRS Federal Tax Update Credits: 2
CFP Provider Number: 3199
CFP Course Number: 338242
CFP Credits: 2
CTEC Course Number: 2071-CE-02153
CTEC Federal Tax Update Credits: 2
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
Shannon Hall, EA has worked in the tax industry for over a decade, working in both boutique and corporate settings before founding Shannon Hall Tax in 2017. In addition to working with tax clients, she is a speaker and educator for state and national tax organizations. More than anything, Shannon strives to make tax education engaging and fun—and to make taxes less taxing.
Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals. In addition, Mr. Werner is a former adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University. Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School. Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and …
A.J. Reynolds, EA has over thirty years of experience encompassing various areas of taxation. Though his practice centers on Individual, Business, and Estate Tax preparation, A.J. focuses a portion of his practice to IRS Representation. As diverse as his specializations, A.J.’s clientele, too, ranges from average workers to Fortune 500 executives. Additionally, A.J volunteers his time with the Iowa Legal Aid’s Managing Attorney assisting in Tax Court cases and assorted income tax issues. A.J. brings his everyday “in the trenches” experience to seminars and webinars for multiple organizations to assist attendees with real issues affecting tax professionals. A.J. started his …
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