With the passing of the One, Big, Beautiful Bill, there are many changes that will begin to affect taxpayers in 2025. The IRS has provided a comprehensive list on their website with some of the bill’s provisions. These items include tax inflation adjustments, the new senior deduction, no tax on tips or overtime, and more.
Do you think you may be affected? Click the link to learn more: https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions
