2025 Year-End Tax Planning for Individuals and Businesses

Written By EHTC

As 2025 draws to a close, the tax landscape is more dynamic than ever. With the passage of the One Big Beautiful Bill Act (OBBBA), shifting interest rates, and evolving federal and state policies, proactive tax planning is essential for both individuals and businesses. To help you navigate these changes, EHTC is proud to offer two comprehensive year-end tax planning resources. These guides are designed to help you identify opportunities, mitigate risks, and make informed decisions as you prepare for 2026 and beyond.

 

For Individuals

Now is the time for individuals, business owners, and family offices to review your tax situations and identify opportunities to reduce, defer, or accelerate your tax obligations. Inside the 2025 Year-End Tax Planning Guide for Individuals, you’ll find insights on the following topics:

  • Individual Tax Planning Highlights

  • Timing of Income and Deductions

  • Long-Term Capital Gains

  • Net Investment Income Tax

  • Social Security Tax

  • Long-Term Care Insurance and Services

  • Retirement Plan Contributions

  • Foreign Earned Income Exclusion

  • Alternative Minimum Tax

  • Kiddie Tax

  • Limitation on Deductions of State and Local Taxes (SALT Limitation)

  • Estate and Gift Taxes

  • Charitable Contributions

  • Additional Tax Provisions Introduced by OBBBA

  • Net Operating Losses and Excess Business Loss Limitation

For Businesses

The most agile companies are often the most successful. Our 2025 Year-End Tax Planning Guide for Private Companies provides a deep dive into the following areas to help your business thrive in a tax landscape marked by rapid change:

  • Income Taxes

  • Partnerships

  • Credits and Incentives

  • Capital Markets and M&A

  • International Tax

  • Transfer Pricing

  • Customs and Trade

  • Compensation and Benefits

  • State and Local Taxes

  • Financial Statements

 

Download the Guides

Start planning for a successful year-end and a strong start to 2026. For personalized advice, we invite you to reach out to your EHTC advisor or start the conversation here.

2025 Year-End Tax Planning Guide for Individuals
2025 Year-End Tax Planning Guide for Private Companies

Some content borrowed with permission from BDO USA.

EHTC

EHTC is a knowledgeable and dedicated, full-service CPA firm in West Michigan focused on helping clients achieve their full potential through comprehensive accounting, tax, and business advisory services.

We serve the needs of individuals and closely held businesses in the West Michigan area who share our core values and who are trustworthy, entrepreneurial, collaborative, and aspire a long-term advisory relationship.

With everything EHTC does, we strive to maintain a healthy balance of hard work and fun, while helping clients and team members reach their full potential.

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