Federal Income Tax Changes - 2025
SKU: 02-268-01-CPE
Credit Hours: 3
CPE Category: Taxes
CE Category: Federal Tax
Delivery Method: Online PDF
Instructor: Paul J. Winn CLU ChFC
Course Description:
This course will examine the tax changes affecting 2025 as a result of passage of the SECURE Act 2.0 and the inflation-changed limits effective for 2025 that are more significant from the perspective of an income tax preparer.
Upon completion of this course, you should be able to:
• List the 2025 changes in various amounts including the:
o Standard mileage rates
o Standard deduction
o AMT exemption amount
o Limits related to income from U.S. Savings Bonds for taxpayers paying higher education expenses
o Deductions for qualified long-term care insurance premiums
• Identify the 2024 tax credit changes affecting the:
o Saver’s credit
o Additional Child Tax Credit
o Earned income credit
o Adoption credit
• Recognize the 2025 changes affecting:
o Health Savings Account (HSA) and Archer Medical Savings Accounts (MSA) requirements and contribution limits
o Roth IRA eligibility
o Traditional IRA contribution deductibility for active participants in employer-sponsored qualified plans
• List the changes effective for 2025 with respect to the:
o Small employer premium tax credit
o Applicable large employer mandate
• Determine the changes to retirement plans resulting from the Secure Act 2.0 that affect income tax preparation.