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ACPEN Signature 2025- Small Business: Hot Tax Issues Today


Total Credits: 8 including 8 Taxes - Technical

Average Rating:
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Categories:
ACPEN Signature |  IRS Approved |  Tax
Faculty:
C. Clinton Davis, CPA, JD |  James A. Smith, CPA, CGMA
Course Levels:
Update
Duration:
8 Hours
License:
Product Setting: Expires 30 day(s) after program date.

Dates


Description

2025 will be a big year for small businesses no matter what decisions are made:  Will tax cuts/changes enacted as part of the Tax Cut and Jobs Act expire at year end as scheduled or will they be extended? If extended, which provisions are included and how long is the extension?  Will overtime pay be taxed differently in the future causing additional changes to small business payroll systems?  Will employers be relieved of reporting tip income and what exactly is tip income?  What additional requirements may be imposed on employers to deter employment of illegal/undocumented workers?  What requirements and penalties are already in place and what’s coming? What will happen to ongoing judicial efforts of small businesses to fight self-employment taxes imposed by the IRS on LLC Members and active limited partners?  How is the IRS reacting to changes?

Basic Course Information

Learning Objectives
  • Discuss and review updates to tax laws to assess their impact on clients and identify tax planning opportunities.
  • Develop strategies to interact efficiently with the IRS, ensuring compliance and effective resolution of tax matters.
  • Understand and implement best practices for minimizing the risk of conflicts with ICE (Immigration and Customs Enforcement)

Major Subjects
  • Legislative update on expiring tax provisions affecting small businesses;
  • Legislative update on new tax provisions impacting small businesses;
  • Communications with the IRS;
  • Tax audits of small businesses;
  • Judicial update on self-employment tax litigation on self-employment taxes of partners and LLC members.
  • Worker verification requirements and penalties---old and new.
  • Tax planning opportunities—old and new.

Course Materials

Faculty

C. Clinton Davis, CPA, JD's Profile

C. Clinton Davis, CPA, JD Related Seminars and Products

Krage & Janvey, L.L.P.


C. Clinton Davis JR, is with the law firm of Krage & Janvey, LLP in downtown Dallas.  He graduated cum laude from the SMU Dedman School of Law in 1980 and first in his graduating class from Northwestern State University of Louisiana in 1977 with a Bachelor of Science in Accounting.  He was first licensed in Florida as an attorney in 1980 and then in Texas in 1982.  He has been a licensed CPA in Texas since 1980.  He has been Board Certified in Tax Law by the Texas Board of Legal Specialization since 1988.  He has been named as a Super Lawyer, a Top Attorney in Texas by Texas Monthly, one of the Best Lawyers in Dallas by D Magazine and a Top Rated Lawyer by the Dallas Morning News, all in the tax area. 

Clint has in the past been an author and discussion leader for numerous CPE courses for the Texas Society of CPAs. Clint also speaks before various bar associations and accounting conferences. and is a frequent presenter and moderator on the Accountants’ Continuing Professional Education Network.

Clint primarily represents high net worth individuals and closely held businesses with much of his time devoted to real estate tax planning, implementation of S corporation ESOPs, mergers and acquisitions and private foundations.

 


James A. Smith, CPA, CGMA's Profile

James A. Smith, CPA, CGMA Related Seminars and Products

Managing Director

Smith, Jackson, Boyer & Bovard, PLLC


James A. (Jim) Smith, CPA, CGMA, serves as Managing Director of Smith, Jackson, Boyer & Bovard, PLLC, a Dallas Certified Public Accounting firm.  He practices extensively in tax compliance, planning and controversy representation for individuals and entrepreneurial businesses. He also is engaged in the preparation, compilation and review of financial statements; exit strategy planning for entrepreneurs; merger and acquisition planning and transactions; and forensic accounting and litigation services. 

Mr. Smith served as Chair of the Texas Society of CPAs (TSCPA) for the 2007-2008 year, and as a member of its Professional Standards and Federal Tax Policy Committees since their inception.  He served as a member of the AICPA Council 2007 through 2011 and from 2012 through 2015.  He also served as an appointed member of two of the AICPA’s key standard setting committees:  the Accounting and Review Services Committee from 2008 through 2011 and the Tax Practice Responsibilities Committee, 2014 to 2017.


Dates

Wed, Dec 03, 2025 - 10:00am to 06:00pm EST
Wed, Dec 03, 2025 - 12:00pm to 08:00pm EST
Thu, Dec 11, 2025 - 10:00am to 06:00pm EST
Thu, Dec 11, 2025 - 12:00pm to 08:00pm EST
Fri, Dec 19, 2025 - 10:00am to 06:00pm EST
Fri, Dec 19, 2025 - 12:00pm to 08:00pm EST
Fri, Dec 26, 2025 - 10:00am to 06:00pm EST
Fri, Dec 26, 2025 - 12:00pm to 08:00pm EST
Fri, Jan 09, 2026 - 10:00am to 06:00pm EST
Tue, Jan 27, 2026 - 10:00am to 06:00pm EST

Additional Info

Basic Course Information

Prerequisites

None


Advanced Preparation

None


Designed For

Industry and Public Accountants


Original Recording Date

11/19/2025


Yellow Book

No


Course Developer

Business Professionals' Network (ACPEN)


Date Added to Catalog

3/3/2025


Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).


Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method

Group Internet Based


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
 


Course Registration Requirements

Online Registration


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