2025 TAX FACTS
 

As the 2025 tax season approaches, it’s essential for taxpayers to stay informed about the latest changes and updates that may impact their tax preparation. This year, you should pay close attention to potential adjustments in tax brackets, standard deductions, and credits as they relate to inflation. Additionally, new legislation may introduce changes to retirement account contributions and capital gains taxes. It's also a good time to familiarize yourself with deductions for remote work expenses, which are becoming increasingly relevant. Preparing your taxes thoroughly this year will help ensure you maximize your refunds and minimize potential liabilities, so consider consulting a tax professional for personalized guidance.