Tax Changes under the 2025 Tax Reform Bill — in One Chart

The latest tax reform bill has been passed by Congress, introducing significant changes to corporate tax rates and individual income tax brackets.

Congress passed the tax and spending package recently, ushering in major changes to Americans' finances.

The bill makes the 2017 tax cuts permanent while adding a senior “bonus” along with a bigger state and local tax deduction and higher estate and gift tax exemption.

Among other tax provisions, the bill also includes breaks for tip income, overtime pay, and auto loans, as well as the creation of a new tax-advantaged savings account for children.

Talk to our team to see how these key tax changes could impact your wallet this year.