Recorded on January 23, 2025
RIT Inn and Conference Center
5257 W Henrietta Rd.
Henrietta, NY 14467
Presented by
Steven Mills, CPA
Insero Advisors, LLC
Join Steve Mills for a recording of his 2025 Tax Update, where he’ll discuss current federal and state tax law implications for businesses and individuals, and help you identify potential risks and opportunities for tax planning. Topics will include tax reform, tariffs, and updates on the IRS, TCJA, and ERC.
This session has been edited from its original format. Current runtime: 80 minutes
Stay ahead in 2025 with key insights from our comprehensive tax update tailored for business owners. This seminar covers the impending expiration of several provisions from the Tax Cuts and Jobs Act (TCJA), such as bonus depreciation, the Qualified Business Income deduction, and changes to tax rates and brackets. We delve into non-expiring TCJA provisions under review, including the corporate tax rate and R&D cost amortization.
Business owners will benefit from updates on the Employee Retention Credit (ERC), with the IRS intensifying audits and compliance checks. Recent tax cases, including the landmark Moore and Loper Bright decisions, reshape how courts interpret tax statutes, potentially impacting IRS regulations and business tax planning.
The seminar also highlights new IRS initiatives focusing on partnerships, large corporations, and high-net-worth individuals, alongside changes in self-employment tax enforcement. We wrap up with an overview of Secure Act 2.0 provisions, influencing retirement planning for employers and employees alike.
Equip your business with the knowledge to navigate 2025's complex tax landscape confidently.
