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  • Tax Changes and Key IRS Amounts for 2025 - Kiplinger
    Most of the key tax provisions affecting individuals in the 2017 Tax Cuts and Jobs Act expire after 2025, including lower income tax rates and wider tax brackets, higher standard deductions and
  • Tax provisions of Senate Finance’s version of the budget bill
    Here’s a look at the key tax provisions in the Senate’s proposed legislative language that differ from the bill that passed the House Provisions for individuals Tax rates: Like the House bill, the Senate bill would make permanent the tax rates enacted in 2017 in the Tax Cuts and Jobs Act (TCJA), P L 115-97 The bill would add an
  • Tax Provisions in the One Big Beautiful Bill Act | Morgan Lewis
    The US House of Representatives on May 22, 2025 passed the One Big Beautiful Bill Act (the Act), which includes a tax package that would extend certain provisions of the 2017 Tax Cuts and Jobs Act set to expire at the end of 2025 and introduces additional significant changes to current US federal tax law In its current form, the Act would have meaningful economic consequences for a broad
  • Tax breaks in 2025 and how The One, Big, Beautiful Bill could change . . .
    The Tax Cuts and Jobs Act nearly doubled the standard deduction For the 2025 tax year, the standard deduction has been adjusted for inflation as follows: $15,000 for single filers, $30,000 for married couples filing jointly, and; $22,500 for heads of household Under current law, the increased standard deduction is set to expire after 2025
  • The United States Senate Committee on Finance
    If the 2017 Trump tax cuts expire: More-than $2 6 trillion tax hike on households earning less than $400,000 per year $1,700 tax hike on average family of four Child tax credit halved for millions of American families 20 million small business owners would face massive tax hikes, with rates up to 43 percent
  • Upcoming tax law changes in 2025
    Explore potential tax law changes like TCJA extensions from the new Trump administration and some of the key IRS adjustments for 2025
  • Senate Republicans Propose Key Tax Tweaks to House Bill
    House Republicans proposed raising the cap to $40,000 in a move that assuaged some party lawmakers yet angered conservatives, who voted for the bill anyway
  • Update On Proposed Tax Law Changes In The House And Senate - Forbes
    As Congress advances into the 2025 legislative session, tax reform has emerged as a central focus for both the House and Senate The Republican-led initiatives aim to extend and expand upon the


















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