What You Can Still Do to Cut Your 2025 Tax Bill with Jonathan Niyazov (Ep. 188)

Year-end tax season doesn’t have to catch you off guard. With the latest tax law updates now in effect, there are new windows of opportunity, but also new limitations, especially for high-income earners and business owners.

In this episode, Larry Heller, CFP®, CDFA®, sits down with Jonathan Niyazov, CPA, to unpack how the 2025 tax code changes are reshaping financial planning conversations. From expanded SALT deductions and personal exemptions to permanent bonus depreciation and R&D credits, the 2025 tax code changes are reshaping planning conversations. The real challenge? Knowing how and when to act before December 31st to keep more of what you’ve earned.

What to expect from this release:

• How income thresholds impact the new deduction and exemption limits
• Strategic planning moves for high earners, senior taxpayers, and business owners
• The power of Roth conversions, tax-loss harvesting, and retroactive refund claims
• Why choosing the right business structure may help reduce your tax bill in 2025 and beyond
• And more!

Resources:

• How to Avoid a Tax Time Bomb in Retirement (Ep. 185)

Connect with Jonathan Niyazov:

• Tax Ace LLC.
• LinkedIn: Jonathan Niyazov, CPA
• [phone]

Connect with Larry Heller: 

• [phone]
• Schedule a 20-Minute Call
• Heller Wealth Management
• LinkedIn: Larry Heller, CFP®, CDFA®, CPA
• YouTube: Retirement Unlocked with Larry Heller, CFP®

About Our Guest:

Jonathan Niyazov is an accomplished Certified Public Accountant (CPA) with a wealth of experience assisting mid-size to large businesses and high-net-worth individuals with their tax needs. With a distinguished career spanning prestigious international accounting firms, he brings an acute understanding of the tax code that is crucial for any growing business and its owners. Jonathan’s expertise extends to assisting overseas companies in establishing a business presence in the United States and providing guidance to US companies expanding abroad.

He leverages his commercial tax expertise to deliver high-quality tax services to a diverse portfolio of clients across many industries and sectors. His experience and expertise is centered around tax management, consulting, and compliance, with a focus on S corporation, partnership, corporate, and individual taxation.