2025 Tax Planning Guide: Insights, Analysis and Strategic Recommendations

In the months leading up to the November election, much of the conversation focused on economic issues, including inflation, interest rates, jobs and corporate tax rates. At the forefront of policy discussions are key tax-saving provisions of the 2017 tax law known as the Tax Cuts and Jobs Act (TCJA), many of which are slated to expire after 2025, short of additional legislation. The “Big Three” sunsetting provisions include business interest expense limitations, domestic research and experimentation (R&E) expense deductions and 100% bonus depreciation.

Trillions of dollars are at stake across many provisions, making terms like the “Tax Super Bowl” and “Taxmageddon” commonplace descriptions for the 2025 congressional agenda. Businesses and individuals will need to work closely with their tax advisors to make smart decisions during a time of uncertainty.

Our 2025 Tax Planning Guide provides an overview of legislative and regulatory changes in 2024 and the key tax issues and actions taxpayers should consider in 2025 and beyond.

Topics include:

• Tax Considerations for Businesses
• International Tax Considerations
• Tax Considerations for Individuals and Closely Held Businesses
• Tax Controversy Roundup
• TCJA Sunsetting Guide and Recommendations
• Tax Charts and Limitations.

We also provide updates on valuable tax credits and incentives, such as cost segregation, R&D tax credits and energy tax savings available through the Inflation Reduction Act.

Throughout our 2025 tax planning guide, you will find helpful links and tax insights to help guide conversations with your trusted tax advisor. Our CBIZ tax professionals can help you develop strategies tailored to your needs.

Stay informed on the latest tax updates and incentives throughout the year! Follow CBIZ on LinkedIn for continuous insights and expert advice.