The tax code changes add a $6,000 deduction for taxpayers over 65 years old with a phaseout for taxpayers earning more than ...
Bloomberg Tax & Accounting predicts that inflation-adjusted amounts in the tax code will increase by 2.8% from the 2024 numbers. This is about half the increase that taxpayers saw in 2024, and a ...
The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided ...
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