2025 November Lunch & Learn

This presentation will be focused on "Mid-Year Clarity: Understanding the New Tax Landscape and the "One Big Beautiful Bill" presented by Rachel Ratliff from Ratliff Accounting & Tax LLC. The recent tax legislation introduced significant updates that impact planning for both 2025 and 2026. It's crucial to understand these changes now to ensure your business and personal finances are optimized.

Topics covered will include:

• Business Asset Planning: Analyzing the updated rules for Bonus Depreciation and Section 179 expensing, and discussing compliance considerations for state-level differences.
• Maximizing Business Sales: Exploring the new provisions for C Corps and Qualified Small Business Stock (QSBS) that offer opportunities for tax-free growth upon sale.
• Key Personal Deduction Updates: Providing clarity on the new $2,000 Universal Charitable Deduction, practical steps regarding the SALT cap, and new deductions related to employment compensation.
• Long-Term Financial Planning: Understanding the effects of new federal student loan caps, the status of subsidized loan programs, and changes to 529 education savings plans.
• Post-Deadline Compliance: Reviewing the ongoing risk landscape concerning the Employee Retention Credit (ERC) and understanding how the audit period has been extended.