EST2515. Capital Sufficiency Analysis with Estate Planning: Practical Issues on 2025 Sunset

The sunset of the Tax Cuts and Jobs Act (TCJA) indicates a significant turning point. Planning for it in advance is critical. The rewards for thinking ahead are enormous, as are the consequences of failing to do so.
Moreover, as with many tax provisions, the TCJA sunset is likely to spur Congress to act. By examining the challenges and economic impact of the sunset, we can better understand what tax reforms might occur in 2025.
The session will cover the following specific points:
• TJCA sunset overview
• The mathematics of Section 199A
• Sunset of the individual bracket structure
• Sunset of the TCJA deduction regime
• Opportunity Zones and forced recognition
• Excess business loss limitation, bonus deprecation, and Section 179
• Estate tax planning for sunset

Learning Objectives:

• Identify the mechanics of the Tax Cuts and Jobs Act (TCJA) sunset.
• Determine the general scope of potential reform.
• Analyze the planning opportunities and traps for the unwary.
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