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The 2025 tax season is ... you must pay or arrange a payment plan by April 15. ... Brookings reported that many key provisions of the 2017 Tax Cuts and Jobs Act will sunset at the end of 2025 ...
Taxpayer Relief Act of 1997; Long title: An act to provide for reconciliation pursuant to subsections (b)(2) and (d) of section 105 of the concurrent resolution on the budget for fiscal year 1998. Enacted by: the 105th United States Congress: Effective: January 1, 1998: Citations; Public law: Pub. L. 105–34 (text) Legislative history
Continuing Appropriations and Extensions Act, 2025 H.R. 9747, extending temporary funding through December 20, 2024. American Relief Act, 2025 H.R. 10545 , extending temporary funding through March 14, 2025.
For contributions to plans ranging from traditional and Roth IRAs to 401(k), 403(b), 457(b), SARSEP and SIMPLE plans, you could get back 10%, 20% or even 50% of the amount you contribute in the ...
The child tax credit under the Tax Cuts and Jobs Act of 2017. Top plateau would be higher for more children. Under the Tax Cuts and Jobs Act of 2017 (TCJA), for the years 2018–2025 (excluding 2021, see below section Temporary Expansion in 2021) the CTC allows taxpayers to reduce their federal tax liabilities by $2,000 per qualifying child (see Eligibility).
The Fiscal Responsibility Act of 2023, passed in June 2023, resolved that year's debt-ceiling crisis and set spending caps for FY2024 and FY2025. The act called for $895 billion in defense spending and $711 billion in non-defense discretionary spending for fiscal year 2025, representing a 1% increase over fiscal year 2024. [10]
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