The Bush Wealth Advantage: A Summary of Key Changes for Tax Year 2025

More than 60 provisions that impact your 2025 returns that you file in 2026 The Internal Revenue Service released its annual inflation adjustments for tax year 2025. The details, outlined in Revenue Procedure 2024-40, cover over 60 provisions that will affect taxpayers when filing their 2025 returns in 2026. Key Adjustments for Tax Year 2025 These changes will apply to income tax returns filed during the 2026 tax season. Highlights include adjustments to standard deductions, marginal t