2025 Mid-Year Tax Update: Planning for Individuals

Overview

The new administration has proposed significant tax policy changes that may impact individual taxpayers and financial planning strategies. This course provides tax practitioners with essential updates on recent legislation, regulatory changes, and potential future reforms. Participants will explore the implications of proposed tax cuts, adjustments to Social Security and retirement taxation, and potential modifications to deductions and credits. The course also examines ongoing discussions about IRS restructuring and the expansion of tax incentives for American businesses and families. With a focus on practical strategies, this course equips tax professionals with the tools to help clients prepare for these changes before year-end. Whether addressing Form 1040 issues, capital gains planning, or income and estate tax considerations, participants will gain insights to help clients make informed decisions.

Objectives

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

Analyze the major changes to the Internal Revenue Code due to recent legislation.

Develop tax planning strategies in response to new legislative changes.

Update client financial, estate, and retirement plans based on new tax rules.

Evaluate potential tax changes under the new administration and their implications.

Identify key issues related to Form 1040 filings, including status, deduction, and credit updates.

Advise clients on capital gains, Social Security, and compensation/fringe benefits planning.

Highlights

Legislative changes affecting individual tax planning

Income, deduction, and credit planning strategies

Form 1040 issues: divorce, death of a taxpayer, and status updates

Compensation, fringe benefits, and Social Security updates

Foreign reporting, resident alien, and cryptocurrency tax matters

Capital gains, Kiddie Tax, and related deductions

Designed For

CPAs, EAs, attorneys, financial planners, insurance agents, and bankers

Prerequisites

Basic understanding of individual taxation.

Preparation

None

Notice

By registering for this program and, accordingly, receiving the eMaterials, you’re acknowledging that you understand both the copyright restrictions on your eMaterials and the CTCPA cancellation policy.

Fees

Credits

Level

Code

Vendor

Fields of Study

Leader(s):

Arthur Werner, President, Werner-Rocca Seminars, Ltd.

Leader Bios

Arthur Werner, President, Werner-Rocca Seminars, Ltd.

Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals.

In addition, Mr. Werner is a former adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University.

Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School.

Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners and has presented more than 3000 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.

Return to Top