NAVIGATING THE 2025 LANDSCAPE

2025 is off to a fast and furious start, bringing with it much change and uncertainty for companies to navigate.

We don’t expect the pace of change to decelerate, and businesses need to be alert to the significant changes in state and local tax legislation, largely influenced by the expiration of provisions from the Tax Cuts and Jobs Act (TCJA) and evolving state tax strategies. Lawmakers will be considering whether to renew, reform, or allow these provisions to sunset, with discussions surrounding possible extensions gaining traction.

Our assessment covers key changes and considerations for Pass-Through Entity Taxes, Jurisdictional Nexus, and Increased Enforcement.