This powerful course will provide you with the most up-to-date explanations available for the year-end tax planning, and preparation for the upcoming 2025 tax season. This course will review all of the latest developments, including cases, rulings, procedures, and regulations affecting individual taxpayers. The instructor will highlight all new tax laws and changes for 2025,  including the NEW OBBBA Tax Law. Clearly - your entire staff must attend this seminar. All seminar attendees will receive a combined Individual & Business tax manual - 550 pages!! THIS IS A MUST-HAVE REFERENCE FOR TAX SEASON (includes hyperlinks to all original source docs).

Click here to view a detailed course description.

Click here to view a detailed table of contents for the Combined 2024 Business & Individual Manual.

Hear what attendees have to say about Prof. Connors' seminars:

"Excellent seminar. Prof Connors is extremely knowledgeable. Excellent presentation." - James G.

"Professor Connors is very knowledgeable and very practical too. He tells you what you need to know." - Alan L.

"The detailed manual will be very useful!" - Kelli L.

"I have enjoyed John's classes for many years through ACE. He delivers the material in a very easy to listen and informative manner." - Simeon Z.

Topics & Learning Objectives Include:

• NEW TAX LAW PROVISONS OF PRESIDENT TRUMP'S "BIG BEAUTIFUL" BILL
• Extension and Modification of 2017 Tax Cuts, Marginal Tax Rates & AMT, Standard Deduction, Additional Standard Deduction for Charitable Contributions
  
• Itemized Deductions: Phaseout Rule, Mortgage Interest, Casualty/Theft Losses, State and Local Taxes, Gambling Losses, Miscellaneous 2% Deductions, Moving Expenses
• Child Tax Credit
• Updates to Sec. 199A Deduction for QBI
• Increase for Unified Gift & Estate Tax Credit Equivalent
• COD Income - Student Loan Forgiveness
• Additional Tax Relief for Workers & Families: No Tax on Tip Income, FICA Tip Tax Credit, No Tax on Overtime Pay, Special $4,000 Deduction for Seniors, Deduction for Car Loan Interest Expense, Enhancement of Employer-provided CTC, Paid Family and Medical Leave Credit, Enhancement of Adoption Credit
• Tax Credit for Donations to Elementary & Secondary Schools Granting Scholarships, Qualified Educational Expenses for Primary & Secondary Schools
• Sec. 127 $5,280 Cap Finally Indexed for Inflation, For-AGI PDDA Casualty Loss Deduction
• New MAGA Accounts, MAGA Accounts for Newborns,
• Certain Medicare Part A Recipients Allowed to Make HSA Contributions, Direct Primary Care Service Arrangements, HSA Contributions Allowed for Bronze & Catastrophic Plans, On-site Employee Health Clinics, Certain Costs Paid for Physical Activity, Fitness, and Exercise Treated as Medical Expenses, Only One Account Needed for HSA Catch-up Contributions by Both Spouses, FSA and HRA Terminations or Conversions to Fund HSAs, Medical Expenses Incurred Before Establishment of HSA, HSA Allowed Even Where One Spouse Has FSA, Increased HSA Contributions for Certain Lower-income Individuals
• Extension of TCJA Reforms Impacting Business Entities, Retroactive Restoration of 100% Bonus Depreciation, Immediate Deduction of R&D Expenses, Modification of ATI for Purposes of Code §163(j) Interest Deduction
• Special Immediate Deduction for Certain Commercial Realty Significant, Increases to Sec. 179 Immediate Expensing, Increased Reporting Threshold for Form 1099-K, Increased Reporting Threshold for Form 1099-NEC, Repeal of Excise Tax on Indoor Tanning Services, Exclusion of Interest Income on Loans Secured by Rural or Agricultural Real Property, Special Increased “Average Gross Receipts” Test for “Manufacturing Taxpayers” 
• AND MUCH MORE!!
• All of the latest tax developments including cases, regs, IRS rulings and procedures will also be covered along with valuable planning suggestions for clients’ current 2025 tax year
• NEW TAX STRATEGIES & PLANNING HEARD NOWHERE ELSE
• Click here to view a detailed table of contents for the Combined 2024 Business & Individual Manual

Prof. John Connors is one of the most knowledgeable tax lecturers in the nation. He has the ability to simplify the most complex tax rules. Bring in all your tax questions and get a CORRECT answer.