CLA Outlook: Planning Opportunities With the New Tax Law

Join CLA to get the insights you need to navigate the new tax landscape. Understanding the implications of the new law is critical to making informed decisions.

Join our complimentary one-hour webinar where we’ll share tax planning strategies and financial opportunities for you and your business.

At the end of this session, you’ll be able to:

• Individual and Business Tax Provisions: Identify which Tax Cuts and Jobs Act (TCJA) items were extended or enhanced and how that could impact your tax planning
• SALT Cap Changes: Review the changes to the state and local tax (SALT) deduction cap and the implications for taxpayers
• Choice of Entity Considerations: Discuss the considerations for choosing the right entity structure, analyzing Sections 1202, 199A, and the 21% corporate tax rate
• 2025 Estimates and Accounting Methods/Elections: Recall key accounting methods and elections that may shape your financial strategies
• Cost Segregation and Bonus Depreciation: Identify cost segregation opportunities, including bonus depreciation and Qualified Property Provisions (QPP)
• Energy Credits: Recognize the law’s changes to energy credits enacted under the Inflation Reduction Act
• Employer Reporting Responsibilities for Overtime/Tip Provisions: Identify employer reporting responsibilities related to overtime and tip provisions