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Here are some ways your taxes may change in 2025 and beyond. Tax benefits for small businesses. The TCJA lowered the corporate tax rate for businesses to a flat 21 percent, from a graduated system ...
The IRS just dropped a raft of changes, big and small, to the U.S. tax code that could shift how much you owe — or save — in 2025. From bigger deductions to higher limits on health-related ...
If keeping up with tax changes in the law were a sport, 2017 and 2025 might be considered the Tax Olympics. Recall that during the first year of President-elect Donald Trump’s first term ...
The IRS just released its inflation-adjusted tax brackets for 2025 — and it’s the smallest increase in four years. Income thresholds for each tax bracket will rise by about 2.8% in the new ...
The Tax Cuts and Jobs Act of 2017 brought sweeping tax reform to the U.S. tax code, including lower tax rates, higher standard deductions, and a host of personal and business tax changes designed ...
With a new year often comes tax changes, and those who save money in tax-advantaged retirement accounts like IRAs and 401(k) plans may be wondering what is in store for these accounts in the coming...