Course ID: SUNS

Planning for the Sunset of the TCJA

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.

In-person format: 2 hours of CPE
Live webcast format: 2 hours of CPE
On-demand format: 2 hours of CPE
Webcast format: 2 hours of CPE

Learning Objectives

At the end of this course, you will be able to:

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.

Major Topics

Marginal tax rate increases and changes to brackets
Expiration of bonus depreciation provisions
Reduction in the Child Tax Credit and return of personal exemptions
Estate and gift tax planning under reduced exemptions
Impact of the SALT cap elimination on high-income taxpayers
Alternative Minimum Tax (AMT) changes
Qualified Business Income (QBI) deduction sunset provisions
Planning strategies for individuals and businesses before 2026

Advanced Preparations

None

Who Should Attend

CPAs, EAs, and tax professionals

Fields of Study

Taxes

Prerequisites

Basic understanding of individual and business taxation.

Provider

Werner-Rocca Seminars LTD

CPE Credits

2.0

Level

Intermediate

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