Couverture de What's New for 2025 Tax Returns

What's New for 2025 Tax Returns

What's New for 2025 Tax Returns

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 This episode dives into the sweeping changes introduced by the "One Big Beautiful Bill Act" and how they will impact your 2025 tax filings in early 2026. We break down the massive updates, including the significantly higher standard deduction, the increased $2,200 child tax credit, and groundbreaking new deductions for tips, overtime pay, and American-made car loan interest. Learn how to navigate these "big beautiful" updates to ensure you maximize your refund this season.
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