Trump’s tax plans: Here’s what to expect for your taxes in 2025 and beyond
By Kemberley Washington, CPA, Bankrate.com
From extending the tax cuts he signed into law in 2017 to ending taxes on tips, overtime pay, Social Security benefits and more, President Donald Trump has never made a secret of his goal to make sweeping changes to the U.S. tax code.
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During his first stint in office, Trump massively overhauled tax law by passing the Tax Cuts and Jobs Act, or TCJA, of 2017. Now, many of those tax provisions are set to expire at the end of 2025, leaving an opportunity for the president to extend, and potentially expand, his tax policy agenda.
