This session focused on the 2025 tax changes, highlighting key updates such as increased standard deductions: $15,000 for single filers and $30,000 for married filing jointly, up from $14,600 and $29,200, respectively. Capital gains tax rates remain at 15% and 20%, with a $533,000 long-term gain threshold. The gift tax exclusion increased to $19,000. Roth IRA contributions face income phase-outs, with single filers capped at $150,000 and married couples at $236,000 to $246,000. The importance of these changes for tax planning in 2025 was emphasized, especially with potential election and sunset provision impacts in 2026.