BarbriSFCourseDetails
  • videocam On-Demand
  • signal_cellular_alt Intermediate
  • card_travel Tax Law
  • schedule 90 minutes

Sunset of TCJA: Tax Planning for Individuals and Businesses

$347.00

This course is $0 with these passes:

CLE
CPE
ALL
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Description

Individual taxpayers and business owners may see a dramatic shift in taxation in 2026 due to many provisions of the TCJA scheduled to expire after 2025. Tax counsel and advisers must recognize the potential impact of the sunset of key provisions under the TCJA and understand key tax planning strategies to minimize the tax impact for certain taxpayers.

For pass-through entity owners, the 20 percent QBI (qualified business income) deduction under 199A will expire in 2026, and the top individual income tax rate will return to 39.6 percent from its current rate of 37 percent. For individual taxpayers, the amounts allowed for the child care credit and standard deductions will substantially decrease. These changes and others could create an undue burden on small businesses and individual taxpayers.

Under the Trump administration, certain tax provisions may be extended, modified, or removed. Taxpayers and their advisers need to consider the likelihood or unlikelihood of any changes or extensions of these provisions and be aware of the impact of this expiring legislation and prepare accordingly.

Listen as our panel of federal income tax experts explains the impact of the expiration of the TCJA provisions and offers practical advice on preparing for these changes.

Presented By

Janathan L. Allen
Attorney
Allen Barron, Inc

Ms. Allen is an experienced tax attorney and business lawyer who integrates business, legal, tax and accounting strategies to provide her clients with better answers to their questions and more informed strategies to leverage their opportunities. She brings domestic and international tax, accounting, finance knowledge to Allen Barron, Inc. and legal experience to Janathan L Allen, APC. Ms. Allen has worked with a diverse group of businesses, advising clients in legal, financial and tax arenas. She moved into the private sector as tax director for a biotech firm, Hybritech, Inc. Ms. Allen progressed to controller and CFO/Legal Counsel positions for a number of San Diego companies before becoming a partner in Allen Barron, Inc. and founding Janathan L. Allen, APC.

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Collette C. Goodman
Attorney
Goodwin Procter LLP

Ms. Goodman is a counsel in the firm’s Tax practice group. Her practice includes advising clients on fund formation, the organization and operation of REITs, asset acquisitions and dispositions, FATCA compliance, and various corporate, international, and partnership matters. She also frequently advises in forming and obtaining tax exempt status for tax exempt organizations, and represents clients in obtaining rulings and in audit controversy matters before the IRS and the Treasury Department.

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Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.

  • BARBRI is a NASBA CPE sponsor and this 90-minute webinar is accredited for 1.5 CPE credits.

  • BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).


  • Live Online


    On Demand

Date + Time

  • event

    Tuesday, April 1, 2025

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

  1. The Tax Cut and Jobs Act of 2017
  2. Individual provisions
  3. Business provisions
  4. Updates and insights on extension of TCJA provisions
  5. Planning for the expiration of TCJA provisions

The panel will cover these and other critical issues:

  • TCJA expiring provisions that will impact businesses
  • TCJA expiring provisions that will affect individuals
  • Planning for the elimination of TCJA's provisions
  • Recent updates to the state of extending some or all of the provisions included in the TCJA

Learning Objectives

After completing this course, you will be able to:

  • Identify expiring TCJA provisions that will impact individuals
  • Determine proactive steps to plan for the expiration of benefits under TCJA
  • Decide how the elimination of 199A will affect businesses
  • Ascertain the likelihood of the extension of some or all of the TCJA provisions
  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite: Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of individual income taxation, including itemized deductions, individual income tax credits, net operating loss limitations including carrybacks and carryforwards.

BARBRI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

IRS Approved Provider

BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

BARBRI CE webinars-powered by Strafford-are backed by our 100% unconditional money-back guarantee: If you are not satisfied with any of our products, simply let us know and get a full refund. Contact us at 1-800-926-7926 .