2025 Tax Credits And Deductions

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2025 Tax Credits And Deductions. Here are several key strategies to consider as you plan for 2025: In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers.


2025 Tax Credits And Deductions

From adjusted standard deductions to expanded credits and benefit limits, here’s a breakdown of the most significant updates that could affect your tax plans. From 1 january 2025, intentional underpayment of wages by employers will become a criminal offence.

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