For the past six years we have all enjoyed the tax breaks we received from the Tax Cut and Jobs Act. Tucked into that Act was the stipulation that these tax breaks were only going to last through the 2025 tax-filing season. Since the fate of an extension for these tax breaks rests in the hands of our government, there is always the possibility that these tax cuts will expire.
This guide is meant to give you an idea of what your tax situation may look like if the TCJA does expire.
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