TAX PROVISIONS

Important Disclosure: The content and links on this page summarize selected federal tax provisions and legislative changes for general informational purposes only. It is not a substitute for professional advice and should not be relied upon to make tax decisions.

Tax laws are complex and subject to change. The impact of any provision depends on individual facts and circumstances.

No client relationship is created by accessing this site, and any communication through this website does not constitute engagement for services.

INDIVIDUAL - 2025

Beginning in 2025, tax law updates introduced temporary changes, while some provisions of the Tax Cuts and Jobs Act were made permanent.

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Business tax provisions

BUSINESS - 2025

For tax years beginning in 2025, many business tax rules from the Tax Cuts and Jobs Act were retained on a permanent basis.

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New tax provisions

NEW PROVISIONS - 2025

Covers new tax provisions for 2025-2028, including tip income and overtime exclusions, senior deductions, and car loan interest.

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Individual tax provisions

INDIVIDUAL - 2026 AND BEYOND

For tax years beginning in 2026, many individual tax rules from the Tax Cuts and Jobs Act were retained on a permanent basis.

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Business tax provisions

BUSINESS - 2026 AND BEYOND

For tax years beginning in 2026, many business tax provisions from the Tax Cuts and Jobs Act were retained on a permanent basis.

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State and local tax provisions

SALT (STATE AND LOCAL TAX) - 2025

Covers revised tax provisions beginning in 2025 for increasing the SALT deduction and MAGI threshold caps, increasing them annually through 2029.

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