Advanced Corporate Income Tax Workshop (Online)

Overview

Join us for Don Farmer’s 2025 Corporate/Business Income Tax Workshop - an engaging and insightful look at the latest in corporate and business income taxation. This workshop dives deep into current year developments, recurring challenges and smart planning ideas that will impact 2025 tax return preparation and tax planning. We’ll cover all the major new tax legislation and other significant updates affecting individuals, corporations and non-corporate businesses, using a mix of humor and real-world examples to make it easy to digest. Whether you’re tackling tax season or planning ahead, you’ll leave with actionable strategies and a better understanding of the most important tax changes for 2025.

Objectives

Provide explanations and planning ideas relating to the latest 2025 corporate and business tax developments, including the most recent guidance on new tax law provisions.

Help CPAs and tax practitioners prepare for the 2026 tax season, incorporating key changes in legislation and IRS guidance.

Review traditional and emerging tax planning strategies to optimize tax benefits for corporations and pass-through entities.

Explore IRS compliance trends, audit risks and enforcement priorities impacting businesses in 2025.

Highlights

A review of corporate and other business income taxation, focusing on 2025 tax law updates and planning opportunities:

Key business tax credits and deductions: Updates on the QBI deduction, 179 and 168(k) depreciation deductions, business meal and entertainment deductions, and fringe benefit updates.

Corporate tax rate changes and legislative updates: Analysis of any 2025 tax legislation, including modifications to corporate tax rates and incentives.

Partnerships and S corporations: New IRS guidance on pass-through entity (PTE) taxation, PTE elections for state tax payments, and K-2/K-3 filing requirements.

IRS enforcement trends and compliance risks: Audit red flags, IRS initiatives targeting employee retention credit (ERC) claims, and beneficial ownership reporting under the Corporate Transparency Act.

Green energy and sustainability tax incentives: Updates on Inflation Reduction Act (IRA) provisions, commercial EV credits and clean energy tax benefits.

Business interest expense limitation and financing strategies: Changes under 163(j) and planning opportunities for businesses.

Tax implications of the gig economy and digital businesses: Reporting requirements for 1099-K, digital assets taxation and e-commerce businesses.

State and local tax (SALT) considerations: Updates on state-level business taxation, economic nexus rules and multi-state tax planning strategies.

Proactive tax planning for businesses: Strategies to minimize tax liabilities, leverage deductions and optimize entity structures.

The course will focus on practical tax planning solutions, legislative updates and compliance strategies most relevant to CPAs and business tax professionals.

The course material includes:

A comprehensive reference manual covering key business tax updates, planning strategies and compliance trends.

A checklist of expiring business tax provisions and upcoming tax law changes.

Updated IRS forms, publications and practical planning tools.

Designed For

CPAs and tax professionals involved in the preparation, review and planning of corporate and business tax returns.

Prerequisites

At least one tax season

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):

Jason Dinesen, Don Farmer Tax Education

Leader Bios

Jason Dinesen, Don Farmer Tax Education

Jason Dinesen, EA

Jason Dinesen, EA is a tax practitioner and long-time presenter of continuing education courses. Jason’s experience includes extensive tax preparation background in individual income taxes, and tax situations for small businesses in Dinesen Tax & Accounting, P.C., and now Dinesen Tax Advisory, LLC. Jason is an Iowa native and was president of the Iowa Society of Enrolled Agents from 2011–2017. He currently teaches on dozens of tax topics and also teaches Special Enrollment Exam (aka “the Enrolled Agent exam”) review, as well as review courses for AFTR and California CTEC. He has also been an adjunct instructor at Simpson College in Indianola, Iowa, where, through 2022, he taught individual income tax and intro to business analytics.

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