2025 Tax Guide

Planning Through Uncertainty: A Strategic Roadmap for Preparing Yourself for the Future

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Taxpayers are navigating a dynamic financial environment influenced by changing tax laws, market fluctuations, and a growing focus on safeguarding wealth for the future generations amid economic volatility.

In a period of immense unpredictability, many things remain beyond our control. However, planning for your future, keeping your estate plan current and relevant, and achieving philanthropic objectives are all within your control and are of the upmost importance. EisnerAmper’s Tax Guide is designed to help you comprehend tax laws and explore potential tax saving strategies, enabling you to make informed decisions that align with your broader financial objectives. The path to success lies on staying updated on legislative changes, consistently reviewing your financial and estate plans, and collaborating with a team of expert advisors.

With the start of 2025 and a new president in office, it’s an opportune time to review the tax laws set to expire at the end of the year. These provisions include but are not limited to lower tax brackets, increased standard deductions, child tax credit enhancement, qualified business income deduction, SALT deduction cap, and increased estate tax exemption.

Even for the most accomplished tax professionals, the tax code can be a challenge. After working alongside more than 40 EisnerAmper tax professionals as editor-in-chief, I am thrilled to present the EisnerAmper 2025 Tax Guide. Our goal is to minimize the complexity of the tax law by presenting the information in a straightforward manner; providing relevant summaries, charts, examples, and tips that can be readily implemented. All major tax law changes through February 14, 2025, have been included in this guide. As in the past, we hope the information provided will enable you to minimize tax exposure, accomplish your financial objectives, and preserve your family’s wealth. The guide provides tax information and summaries from a high level, and we recommend you discuss any tax planning with a qualified tax professional prior to implementing these strategies.

Lisa Cappiello
Tax Partner
Editor-in-Chief