In the merger and acquisition (M&A) landscape, it is crucial
to consider factors beyond the transaction itself, as the 2025
calendar year is already underway. Evaluating how potential 2025
tax changes and any changes beyond that might impact transactions
can help prevent unforeseen challenges and liabilities.
As the IRS continues to accept 2024 tax returns, signaling the
ongoing tax season, congressional lawmakers are already looking
ahead to 2025—a year anticipated to mark a significant U.S.
federal tax overhaul. This follows the enactment of the Tax Cuts
and Jobs Act (TCJA) in 2017, which brought sweeping changes to the
tax code under President Donald Trump's first
administration.
