Tax Filing Information for the Current Season

Tax season began on Monday, marking the start of filing for the 2025 tax year, with significant changes from Trump’s recent legislation. The standard deduction has increased to $15,750 for singles and $31,500 for married couples, while the SALT deduction limit has risen to $40,000. New deductions for seniors and eligible workers are available, alongside increased child tax credits. Taxpayers are advised to wait for all forms before filing, with the deadline set for April 15.

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