Tax Policy and Reform Outlook for 2025 (Completed)

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This webinar will help you understand the broad range of considerations that come into play to affect both minor and major tax reform. This includes understanding the current scenario of numerous temporary provisions, varied desires among lawmakers for tax changes, costs of tax cuts, the legislative process, and the impact on the deficit and debt. Possible changes will be reviewed along with factors favoring and disfavoring their enactment. Both short-term and long-term issues will be discussed.

Who Should Attend
Anyone interested in gaining a broader picture of tax reform in 2025 and beyond.

Topics Covered

• The timeframe for possible tax law changes, debt ceiling decisions, government funding, budget and tax reports and more
• The likely legislative list of tax changes including TCJA changes
• Obstacles to passage of legislation, including from state and local governments and those concerned about deficits
• Principles of good tax policy and tax reform

Learning Objectives

• Identify possible legislative priorities for the new Administration and 119th Congress, including expired or expiring TCJA provisions
• Explain the factors influencing the timing, duration and range of possible tax law changes, such as the make-up of Congress, deficit, national debt, interest rates, other economic considerations
• Explain how interests and concerns of state and local governments may affect tax law changes
• Identify the relevance of principles of good tax policy to tax reform
• Describe how to help your employer or clients better understand possible upcoming tax changes

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None