IRS releases 2025 tax inflation adjustments

by | Oct 26, 2024

ARTICLE | October 26, 2024

The following linked article provides a detailed overview of the IRS inflation-adjusted items  for 2025. These adjustments were released on October 22, 2024, and are of significant interest to both individuals and businesses as they have far-reaching implications on financial planning and tax strategies for the coming year. The article delves into various key areas including individual tax brackets, qualified business income thresholds, the average annual gross receipts required to qualify as a small taxpayer, and the limitations for section 179 expensing, among others.

To learn more about the 2025 Inflation-adjusted items, click the link below.


Read the full article here...

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