Planning for the Sunset of the TCJA
Online
2.00 Credits
Member Price $125.00
Non-Member Price $149.00
Overview
The Tax Cuts and Jobs Act (TCJA) introduced sweeping changes to individual and business taxation, but many provisions are set to expire after 2025. This course provides a detailed overview of the upcoming sunset provisions and their implications for taxpayers. Attendees will explore key changes to marginal tax rates, the Child Tax Credit, SALT deductions, bonus depreciation, estate and gift tax exemptions, and the Qualified Business Income (QBI) deduction. Gain practical strategies to help clients maximize opportunities under the current rules and prepare for the return of pre-TCJA tax structures.
With a focus on planning and compliance, this course equips CPAs, EAs, and other tax professionals with the tools needed to navigate the sunset provisions and guide their clients effectively.
Objectives
- Identify individual and business tax provisions affected by the TCJA sunset.
- Calculate the impact of sunset changes on marginal tax rates and deductions.
- Evaluate changes to the estate and gift tax exemption and their implications.
- Assess the reduction of the Qualified Business Income (QBI) deduction.
- Discuss the potential elimination of the SALT deduction cap.
- Advise clients on timing income and deductions to optimize tax savings.
- Analyze planning opportunities for businesses under bonus depreciation rules.
- Formulate strategies for addressing the return of personal exemptions.
Highlights
Designed For
Prerequisites
Basic understanding of individual and business taxation.
Notice
You will receive an email from the AICPA with instructions to access the webinar.
Leader(s):
Leader Bios
Arthur Werner, President, Werner-Rocca Seminars, Ltd.
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 Estate and Gift Taxation to Certified Public Accountants and Financial Planners and has presented more than 3000 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Non-Member Price $149.00
Member Price $125.00