Mortgage Rater’s Post

https://lnkd.in/gKFMQDj7 New tax brackets for 2025 Standard Deduction Increase Single standard tax deduction is $15,000 Married Filing Jointly deduction increased to $30,000 to account for inflation.

The IRS just released its 2025 Tax Inflation Adjustments, and it’s time to get ahead of the changes! With increases in standard deductions and income tax bracket thresholds, there are some big opportunities for both individuals and businesses to optimize their tax strategies. 🎯 Planning early will be key to maximizing deductions, credits, and staying on track for tax compliance. #TaxPlanning #TaxUpdates #IRSNews #FinancialStrategy #Big4Tax #TaxConsulting #2025Tax

2025 Tax Numbers Released. 2.8% inflation increase. 2025 is the last year before we see some major changes in tax laws due to 2017 tax provisions sunset. These numbers have a direct impact on your strategy.

IRS releases tax inflation adujstments for tax year 2025. Key Changes for 2025: Standard deduction will rise to $30,000 for married couples filing jointly and to $15,000 for single or married filing separately, a roughly 2.7% increase from 2024 The top marginal tax rate remains 37% but the new threshhold for single taxpayers will rise to $626,350 and to $751,600 for married filing jointly, a 2.8% increase from 2024

Hot off the press… the 2025 tax numbers are out! $13.99mm federal exemption amount and $19k annual exclusion are two of the changes highlighted in the below link! #sunsetiscoming #estateplanning #thelynchlawgroup

https://lnkd.in/gcjGDx4m Stay updated with the latest! 💼 The IRS just released the annual tax inflation adjustments for 2025! 👉 https://lnkd.in/gcjGDx4m #IRS #TaxUpdates #FinanceNews

IRS Adjusts Tax Brackets for 2025!  The IRS recently announced changes to tax brackets, capital gains, and other adjustments due to inflation. What does this mean for you? New Tax Brackets: Updated income thresholds could impact your tax rate. Capital Gains Adjustments: Revised limits might change your investment strategies. Other Updates: Look out for changes in deductions, standard deduction amounts, and more! Stay ahead and plan for the 2025 tax year!  https://lnkd.in/gcjGDx4m #TaxPlanning #IRSUpdates #CapitalGains #TaxBrackets2025

🚨 Alert! The IRS has just released the annual tax inflation adjustments for the 2025 tax year, impacting over 60 tax provisions. Notable changes include:   👉 Standard Deduction increases: 🫠 Single filers: $15,000 (+$400) 🫠 Married couples filing jointly: $30,000 (+$800) 🫠 Heads of households: $22,500 (+$600) 👉 Marginal Tax Rates remain the same, with the top rate at 37%. 👉 Qualified Transportation Fringe Benefits increase to $325/month (+$10).   Learn more by reading the IRS article provided. Need help navigating these changes and maximizing your tax savings? Contact KatzAbosch today for tax planning strategies tailored to your situation! Reach out now and plan ahead for 2025: https://lnkd.in/gK7-4y-V #taxnews #IRS #taxplanning #2025taxseason #KatzAbosch #taxsavings

. I.R.S. Announces 2025 Tax Brackets, Inflation Adjustments and Standard Deductions #Taxes2025 #BusinessTaxes #IncomeTaxes #SmallBusinessTaxes https://lnkd.in/gy8N32tz

IRS issues 2025 tax rates and brackets. The estate tax basic exclusion amount for 2025 will be $13,990,000, up $380,000 from 2024.   The annual exclusion for gifts increases to $19,000 for 2025. https://lnkd.in/g36QhV_z