Friday Oct 25, 2024

Episode 29: TurboTax Breakup Ad Backlash, 2025 Tax Inflation Adjustments, and PTIN Renewal

In Episode 29 of 'The Taxverse Podcast Experience,' hosts Zac Crites and Tanner Nickles discuss the recent backlash against TurboTax’s controversial 'breakup' ad and its impact on tax professionals. We also cover the IRS’s newly released tax inflation adjustments for the 2025 tax year, breaking down what these changes mean for both taxpayers and professionals. Lastly, we provide essential insights on the start of the 2025 PTIN renewal season, ensuring you're ready for the upcoming tax season.

Resources:

https://tax.thomsonreuters.com/news/turbotax-breakup-ad-draws-ire-from-tax-pro-org/

https://www.irs.gov/newsroom/irs-releases-tax-inflation-adjustments-for-tax-year-2025

https://www.cpapracticeadvisor.com/2024/10/21/irs-kicks-off-ptin-renewal-season-for-2025/112003/

 

 

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