NASE News

National Tax Expert Shares Key Ways Americans Can Save on 2025 Tax Returns This Filing Season

DALLAS, TX – With almost a month until the April 15^th tax deadline, Keith Hall –president and CEO of the National Association for the Self-Employed (NASE), CPA, and nationally recognized tax expert — offers key guidance on ways to save in preparing and filing your 2025 tax returns in final weeks of tax season.

“This year’s expanded tax brackets and the tax reforms passed last year – including making permanent the 2017 tax cuts and key provisions of the One Big Beautiful Bill – are freeing up capital for millions of filers and unlocking new opportunities for savings, reinvestment, and small business growth,” said Keith Hall, president and CEO of the National Association for the Self-Employed (NASE), the nation's leading advocate and resource for the self-employed and micro-businesses. “Building on last year’s tax reform efforts, Americans are seeing tangible, practical benefits at the kitchen table and on the balance sheet. The tax code isn’t just a compliance exercise—it’s a toolkit. These reforms were designed to help working Americans and small business owners keep more of what they earn and reinvest it into their families, their businesses, and their futures. The biggest mistake this tax season is leaving money on the table.”

The changes and updates for filing beneficial returns to the tax code for 2025 tax returns can be found here.

With over 21+ million Americans stepping out on their own in the last few years, many self-employed filers will, for the first time, file under new tax brackets, along with millions of existing small business owners, who together will navigate a host of filing benefits and responsibilities.   Keith breaks down the latest changes to the tax code, clarifies what’s new for filers this year, and explains how evolving IRS guidance may impact both the general filing population and America’s 33+ million self-employed and micro-business owners. With decades of experience advising entrepreneurs and tracking tax policy shifts, he offers clear, actionable insights for Americans navigating a complex and often confusing filing landscape.

Key Tax Issues and Strategies Available this Year:

• Lower individual rates and higher deductions: Expanded income tax brackets and significantly increased SALT deductions are reducing tax burdens for a broad swath of filers.
• How AI Is Shaping Tax Season: Keith offers practical guidance on how filers and small businesses are using AI tools to streamline preparation, planning, and compliance—along with clear guardrails on where human expertise remains essential. His perspective highlights both the opportunities and the risks as technology becomes a bigger part of the tax workflow.
• How to Save by Hiring your Kid: Keith is the author of a new IRS‑compliant tax guide, Hire Your Kid: The Sole Proprietor’s Guide to Creating a New Job. Drawing on more than four decades of tax and accounting experience, he explains how self‑employed and family‑owned businesses can legally employ their children, convert ordinary personal expenses into legitimate business deductions, and saving over $5,000 a year in federal taxes. Although this strategy has long been permitted under the tax code, it remains widely underutilized among America’s smallest businesses.
• Small business wins baked into the tax code through new tax reform: Permanent QBI deductions, updated reporting thresholds, and 100% bonus depreciation on qualified business property are improving cash flow and investment capacity for entrepreneurs and microbusinesses.
• Everyday tax advantages filers can still claim: A higher standard deduction, home office eligibility, and increased mileage reimbursement rates that can put real dollars back into household and business budgets.
  
  

For interviews with tax expert Keith Hall on tax season, tax‑saving strategies, tax reform, and how to use AI in financial planning and preparing 2025 returns, please contact Kristofer Eisenla at [email protected].

Keith was recently interviewed by MarketWatch on the growing use of AI in tax planning, and featured in an Associated Press piece outlining key tax changes and strategies for the year.

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The National Association for the Self-Employed (NASE) is the nation's leading advocate and resource for the self-employed and micro-businesses, offering a broad range of benefits to help entrepreneurs succeed and to drive the continued growth of this vital segment of the American economy.

The NASE NextBizThing helps identify and connect our nation’s smallest businesses. Need small business help? Check out NASE’s Ask the Experts for advice or the NASE Minute for small business support. To help new and existing business owners with the costs of business ownership, the NASE also offers a series of financial calculators for budgeting and financial analysis.

The NASE is a 501(c) (6) nonprofit organization and provides big-business advantages to hundreds of thousands of micro-businesses across the United States. For more information, visit the association's website at NASE.org