2025 Tax Changes. In late october, the irs announced the annual inflation adjustments for tax year 2025 and detailed information on adjustments and changes to more than 60 tax provisions that. Tax brackets, income tax rates, child tax credit, state and local tax deductions, mortgage interest deductions and much more will literally change overnight.
Here’s a selection of key numbers to help with tax planning for 2025 and tax prep for 2024, plus useful references. All of the individual tax provisions of the 2017 tax cuts and jobs act (tcja) expire at the end of 2025.
2025 Tax Changes Images References :
