Planning Opportunities With the New Tax Law - presented by CLA

Discover tax planning strategies and opportunities under the new tax law.

Understanding the implications of the new law is critical to making informed decisions. CLA can help you cut through the noise and focus on the aspects most important to your organization and tax situation.

RAMAC members are invited to join this complimentary one-hour virtual presentation where we’ll share tax planning strategies and financial opportunities for you and your business.

Topics may include:

• 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

• Allen LaCrosse, Tax Principal
• Kyle Chuck, Tax Principal