Taxpayers face challenges as tax provisions sunset in 2025
Unless Congress acts, current tax rates and most tax provisions in the tax code will sunset in 2025.
Unless Congress acts, current tax rates and most tax provisions in the tax code will sunset in 2025.
Taxpayers may find some provisions of tax reform more complex as deductions shift significantly under the new law.
The tax rate schedule, recently released by the Internal Revenue Service, includes key tax figures investors will need for financial planning.