No. 56-12, December 2025
Index
- 2025 tax software survey: AICPA members in tax practice assess how their return preparation software performed during tax season and offer insights into their procedures.
- Advocacy for state disaster tax relief: The AICPA advocates for uniform disaster-related tax filing and payment relief provisions.
- Buy/sell agreements for S corporations: These common instruments raise special considerations in the S corporation context.
- Key international tax issues for individuals and businesses.
- Managing tax practices in response to new legislation: Firms can follow these guidelines to position themselves as the trusted advisers clients need to navigate the many tax law changes in H.R. 1. (One Big Beautiful Bill Act of 2025)
- Notice 2025-27 provides interim guidance on corporate AMT. (alternative minimum tax)
- Only deductible W-2 wages used in determining Sec. 199A deduction Only deductible W-2 wages are included in calculating a taxpayer's Sec. 199A qualified business income deduction.
- Planning to preserve assets while providing long-term-care options High costs of long-term care necessitate discussions with clients of strategies to most effectively cover this contingency.
- Practical tax advice for businesses as a result of the OBBBA: H.R. 1, P.L. 119-21, the law commonly known as the One Big Beautiful Bill Act (OBBBA), contains provisions of special interest to business taxpayers.
- Prop. regs. would make permanent safe harbor for furnishing information on Sec. 751 property. (Internal Revenue Code)
- Revisiting Sec. 1202: Strategic planning after the 2025 OBBBA expansion. (One Big Beautiful Bill Act of 2025)
- Sec. 30D credit not allowed in 2019 for vehicle purchased in 2013: A Sec. 30D credit was denied because a vehicle was not placed in service in the year the credit was claimed.
- Supercharging retirement: Tax benefits and planning opportunities with cash balance plans.