Hot Tax Topics at Year End for 2025

Author: Annette Nellen

Of the many federal and state tax developments of 2025, what are the “hot” ones that might require changes in planning and compliance, lingering issues into 2026, new practice protocols including greater use of AI, relevance of current year legislative changes at the federal and state levels, and how to address new legislative and major judicial and regulatory developments of 2025.

Publication Date: December 2025

Designed For
Practitioners at all levels who are looking for a way to efficiently stay on top of key federal and state developments of most relevance to individuals and small businesses.

Topics Covered

• Status of key legislative proposals of the 119th Congress
• The fate of expiring provisions
• Relevance of new uses of technology for tax practice
• Practice issues and opportunities for 2026
• State tax outlook
• Reminders for year end planning and beyond based on the hot tax topics
• Survive and thrive considering hot tax topics

Learning Objectives

• Identify key issues that affect tax practice for year end and beyond
• Recognize how to survive and thrive in light of hot tax topics and tax trends
• Identify the country noted as the US’s 7th largest merchandise trading partner and 8th largest source of imports
• Identify the form that relates to an employee’s withholding certificate and now includes items such as tip income and overtime interest
• Identify the year the new 0.5% x AGI floor starts for individuals
• Identify the class of AI model that emulates the structure and characteristics of input data in order to generate derived synthetic content

Level
Update

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic understanding of tax preparation.

Advance Preparation
None