Year-end Tax Planning Strategies for Individuals and Small and Medium-sized Businesses (YETI)

2025 is particularly important for tax planning because of the possibility of significant tax law changes. Individuals and business owners should review their 2025 and 2026 tax situations and identify opportunities for reducing, deferring or accelerating tax obligations. This program examines options individual and business clients have to reduce upcoming tax liabilities while taking into account any new planning opportunities.

Panelists are subject to change.

• Analysis of newly enacted 2025 legislation and tax planning options
• Use of a Health Savings Account (HSA) as a retirement account
• How newly enacted tax legislation impacts the state and local tax (SALT) deduction
• Preparing for broker basis reporting of digital assets on Form 1099-DA
• The energy improvement credit, residential clean energy credit and electric vehicle credit
• Taking advantage of tax-free rollovers from 529 plans to Roth IRAs
• Optimizing charitable donations by using qualified charitable distributions
• Which business-related tax provisions of the Tax Cuts and Jobs Act have been extended beyond 2025
• How to maximize savings from newly enacted standalone business-related tax provisions
• How to maximize benefit from the potential restoration of 100% bonus depreciation
• Elimination of income tax on Social Security, tips and overtime
• Evaluating clients’ business structures to take advantage of the QBI deduction and other benefits

• Understand tax planning options available for individuals and small businesses and their owners