Preparing for 2025: Understanding Upcoming Tax Changes

Business > Accounting10/9/2024 4:00 PM

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Description

When the Tax Cuts and Jobs Act (TCJA) was enacted in 2017, several of the provisions were set to sunset in 2025 (or before). These expiring provisions will impact both individual taxpayers and businesses. As a result, Congress is likely to consider significant tax legislation next year.

Learn the scope of potential legislation under various election results including how Congress may attempt to modify or eliminate certain tax exclusions, deductions, or credits to raise revenue.

Speaker: Nick Sutter, Associate Attorney at Steptoe LLP.

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Publisher

National Association of Insurance and Financial Advisors

National Association of Insurance and Financial Advisors

The National Association of Insurance and Financial Advisors (NAIFA) is an organization that supports and represents insurance and financial professionals. NAIFA is committed to promoting the importance and value of financial advisors in securing America's financial future. They provide education, advocacy, and networking opportunities for their members, and work to ensure that the industry is regulated in a fair and effective manner.