IRS Has Released 2025 Income Tax Tables & Related Inflation Adjusted Amounts
We just closed the door on 2023 income tax returns. We are planning for the 2024 tax year, and the IRS has released the 2025 amounts! If you have the time, there are many exciting tax items here, like the Sec. 179 deduction is $1.25M with an investment limit of $3.13M. Remember, in 2026, many of these rules Sunset as required by the Tax Cuts and Jobs Act of 2017-2018!