Federal Tax Law Updates (Course and eBook)

Tax laws are constantly evolving, and keeping up with them can feel like trying to hit a moving target. It’s important to remember that tax laws are far from permanent. Just look at the recent years where, in an effort to stimulate the economy, the federal government rolled out temporary income tax cuts and business tax incentives. Those were meant to provide relief, but they didn’t last forever.

The way tax laws change usually starts with a proposal from the U.S. Congress. From there, lawmakers debate and vote on whether the proposed tax law should pass. If it does, you’ll likely see its effects the next time you file your tax return. It’s a lot to keep track of, but that’s part of the process.
Each year, the IRS also steps in to make inflation adjustments. These changes often include tweaking federal income tax brackets, the standard deduction, and other key elements of the tax code. In 2025, with inflation still on the rise, the IRS adjusted income thresholds for the tax brackets, meaning the income limits for each bracket will be higher than before. These changes will apply to the returns you file in 2026, so it’s crucial to be prepared.
In this course, we’ll dive deep into the tax revisions for 2025, which are influenced by both the SECURE Act 2.0 and the latest inflation adjustments. These changes are especially important for income tax preparers to understand, as they’ll directly impact the returns we help clients file in the upcoming years.